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

Transport services (% of service exports, BoP) in Montenegro was 24.76 as of 2021. Its highest value over the past 14 years was 39.03 in 2020, while its lowest value was 10.63 in 2007.

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
2007 10.63
2008 11.32
2009 13.19
2010 16.36
2011 16.64
2012 17.83
2013 17.45
2014 17.12
2015 17.66
2016 18.56
2017 18.63
2018 20.34
2019 20.74
2020 39.03
2021 24.76

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