India - Transport services (% of service imports, BoP)

Transport services (% of service imports, BoP) in India was 17.14 as of 2020. Its highest value over the past 45 years was 69.27 in 1975, while its lowest value was 14.70 in 2016.

Definition: Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).

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

See also:

Year Value
1975 69.27
1976 61.99
1977 61.83
1978 64.00
1979 60.56
1980 59.98
1981 59.80
1982 60.51
1983 56.36
1984 57.89
1985 57.01
1986 54.77
1987 54.85
1988 56.92
1989 56.17
1990 56.13
1991 54.54
1992 59.47
1993 61.21
1994 55.66
1995 55.54
1996 57.71
1997 54.76
1998 48.78
1999 40.41
2000 45.63
2001 42.94
2002 42.89
2003 38.66
2004 38.16
2005 44.28
2006 43.00
2007 44.56
2008 25.61
2009 20.91
2010 18.11
2011 19.77
2012 19.65
2013 17.80
2014 20.19
2015 18.67
2016 14.70
2017 14.96
2018 16.13
2019 18.35
2020 17.14

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments