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

Transport services (% of service exports, BoP) in Libya was 38.58 as of 2019. Its highest value over the past 42 years was 78.49 in 1985, while its lowest value was 6.83 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
1977 51.12
1978 57.05
1979 68.72
1980 64.48
1981 64.18
1982 63.84
1983 60.80
1984 57.54
1985 78.49
1986 60.23
1987 56.72
1988 55.31
1989 55.97
1990 59.52
1991 54.51
1992 54.61
1993 34.73
1994 42.19
1995 40.63
1996 41.96
1997 39.37
1998 53.51
1999 32.12
2000 9.30
2001 9.78
2002 10.22
2003 13.12
2004 14.42
2005 21.72
2006 26.18
2007 23.23
2008 56.72
2009 68.05
2010 64.01
2011 74.63
2012 71.94
2013 73.04
2014 41.67
2015 6.83
2016 38.60
2017 38.60
2018 38.59
2019 38.58

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