North America - Transport services (% of service imports, BoP)

Transport services (% of service imports, BoP) in North America was 16.09 as of 2020. Its highest value over the past 50 years was 37.00 in 1979, while its lowest value was 16.09 in 2020.

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
1970 27.99
1971 28.83
1972 29.82
1973 33.33
1974 36.50
1975 35.65
1976 36.00
1977 36.57
1978 35.80
1979 37.00
1980 35.96
1981 35.94
1982 31.02
1983 31.98
1984 29.81
1985 29.76
1986 29.45
1987 28.31
1988 28.31
1989 28.48
1990 28.75
1991 27.98
1992 27.71
1993 28.38
1994 28.85
1995 28.92
1996 27.51
1997 27.63
1998 27.06
1999 24.66
2000 25.73
2001 24.83
2002 23.32
2003 23.61
2004 24.35
2005 24.89
2006 23.55
2007 22.55
2008 22.40
2009 19.06
2010 20.57
2011 21.05
2012 21.10
2013 20.28
2014 20.25
2015 19.94
2016 18.29
2017 18.05
2018 19.70
2019 19.15
2020 16.09

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