Marshall Islands - Transport services

Transport services (% of service imports, BoP)

Transport services (% of service imports, BoP) in Marshall Islands was 51.42 as of 2018. Its highest value over the past 13 years was 57.30 in 2017, while its lowest value was 39.29 in 2016.

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
2005 51.35
2006 55.10
2007 51.64
2008 57.01
2009 40.81
2010 49.50
2011 48.91
2012 49.56
2013 46.85
2014 48.03
2015 42.38
2016 39.29
2017 57.30
2018 51.42

Transport services (% of service exports, BoP)

Transport services (% of service exports, BoP) in Marshall Islands was 29.03 as of 2018. Its highest value over the past 13 years was 53.11 in 2017, while its lowest value was 22.89 in 2009.

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
2005 33.06
2006 28.56
2007 28.05
2008 23.71
2009 22.89
2010 28.44
2011 25.90
2012 29.36
2013 32.48
2014 32.14
2015 48.69
2016 49.13
2017 53.11
2018 29.03

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments