Lao PDR - Transport services (% of service exports, BoP)

Transport services (% of service exports, BoP) in Lao PDR was 23.06 as of 2020. Its highest value over the past 36 years was 74.21 in 1992, while its lowest value was 6.74 in 1998.

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
1984 25.17
1985 24.88
1986 25.00
1987 25.10
1988 34.83
1989 37.78
1990 33.76
1991 28.04
1992 74.21
1993 15.79
1994 10.05
1995 14.16
1996 16.67
1997 8.57
1998 6.74
1999 8.43
2000 11.22
2001 17.01
2002 20.25
2003 22.72
2004 18.47
2005 17.88
2006 15.94
2007 14.94
2008 11.91
2009 10.20
2010 10.93
2011 9.33
2012 8.80
2013 9.26
2014 7.49
2015 8.00
2016 9.71
2017 10.65
2018 10.75
2019 14.16
2020 23.06

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