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

Transport services (% of service exports, BoP) in India was 10.23 as of 2020. Its highest value over the past 45 years was 35.52 in 1975, while its lowest value was 9.16 in 2015.

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 35.52
1976 31.96
1977 26.00
1978 20.99
1979 18.82
1980 15.02
1981 16.29
1982 15.15
1983 13.28
1984 15.41
1985 15.23
1986 16.52
1987 18.87
1988 22.80
1989 20.53
1990 20.74
1991 19.80
1992 20.98
1993 24.32
1994 28.39
1995 27.90
1996 27.47
1997 21.32
1998 15.17
1999 12.71
2000 13.65
2001 15.01
2002 14.70
2003 14.67
2004 12.91
2005 12.53
2006 12.46
2007 11.80
2008 12.07
2009 12.09
2010 11.34
2011 12.78
2012 12.03
2013 11.34
2014 11.83
2015 9.16
2016 9.38
2017 9.16
2018 9.27
2019 9.84
2020 10.23

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