Low income - Transport services imports

Transport services (% of commercial service imports)

The value for Transport services (% of commercial service imports) in Low income was 59.50 as of 2020. As the graph below shows, over the past 15 years this indicator reached a maximum value of 59.50 in 2020 and a minimum value of 48.98 in 2006.

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
2005 56.34
2006 48.98
2007 52.07
2008 57.16
2009 54.84
2010 53.64
2011 50.59
2012 53.40
2013 56.13
2014 53.44
2015 56.89
2016 54.11
2017 57.95
2018 55.62
2019 57.21
2020 59.50

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports