Lower middle income - Transport services (% of service imports, BoP)

Transport services (% of service imports, BoP) in Lower middle income was 27.43 as of 2020. Its highest value over the past 43 years was 46.11 in 1983, while its lowest value was 26.53 in 2019.

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 38.21
1978 37.83
1979 41.62
1980 44.81
1981 45.89
1982 45.57
1983 46.11
1984 45.70
1985 42.45
1986 42.11
1987 42.54
1988 44.36
1989 44.88
1990 45.65
1991 45.65
1992 43.51
1993 39.39
1994 36.88
1995 38.81
1996 37.35
1997 35.05
1998 35.77
1999 36.13
2000 36.37
2001 34.19
2002 35.55
2003 35.83
2004 36.17
2005 38.74
2006 38.42
2007 38.99
2008 35.18
2009 30.85
2010 30.84
2011 32.06
2012 32.65
2013 31.47
2014 31.91
2015 30.01
2016 28.17
2017 26.83
2018 27.02
2019 26.53
2020 27.43

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