Iceland - Transport services imports

Transport services (% of commercial service imports)

The value for Transport services (% of commercial service imports) in Iceland was 19.75 as of 2020. As the graph below shows, over the past 44 years this indicator reached a maximum value of 67.73 in 1979 and a minimum value of 19.24 in 2019.

Definition: Transport services (% of commercial service imports) covers all transport services (sea, air, land, internal waterway, space, and pipeline) performed by residents of one economy for those of another and involving the carriage of passengers, movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Excluded are freight insurance, which is included in insurance services; goods procured in ports by nonresident carriers and repairs of transport equipment, which are included in goods; repairs of railway facilities, harbors, and airfield facilities, which are included in construction services; and rental of carriers without crew, which is included in other services.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1976 55.79
1977 58.37
1978 62.24
1979 67.73
1980 65.68
1981 61.81
1982 62.00
1983 57.74
1984 52.12
1985 59.30
1986 46.38
1987 37.64
1988 39.77
1989 38.12
1990 30.67
1991 30.42
1992 28.25
1993 27.14
1994 29.50
2009 25.78
2010 24.91
2011 25.20
2012 24.50
2013 25.99
2014 24.25
2015 23.70
2016 22.23
2017 22.14
2018 21.30
2019 19.24
2020 19.75

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports