Micronesia - Transport services

Transport services (% of service imports, BoP)

Transport services (% of service imports, BoP) in Micronesia was 54.56 as of 2014. Its highest value over the past 5 years was 58.17 in 2012, while its lowest value was 47.64 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
2009 47.64
2010 51.41
2011 55.68
2012 58.17
2013 55.68
2014 54.56

Transport services (% of service exports, BoP)

Transport services (% of service exports, BoP) in Micronesia was 11.67 as of 2014. Its highest value over the past 5 years was 11.67 in 2014, while its lowest value was 7.24 in 2011.

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
2009 8.15
2010 7.63
2011 7.24
2012 7.56
2013 9.83
2014 11.67

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments