Norway - Transport services (% of service imports, BoP)

Transport services (% of service imports, BoP) in Norway was 24.68 as of 2020. Its highest value over the past 45 years was 52.19 in 1980, while its lowest value was 20.42 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
1975 49.17
1976 46.16
1977 42.63
1978 40.41
1979 48.34
1980 52.19
1981 51.71
1982 48.98
1983 48.72
1984 49.69
1985 46.86
1986 41.96
1987 39.09
1988 39.88
1989 44.63
1990 44.20
1991 43.46
1992 34.47
1993 32.98
1994 37.03
1995 35.95
1996 35.63
1997 34.60
1998 32.33
1999 31.25
2000 32.75
2001 35.96
2002 35.10
2003 34.08
2004 34.29
2005 31.52
2006 28.25
2007 33.19
2008 31.36
2009 22.10
2010 25.03
2011 21.85
2012 24.94
2013 23.38
2014 24.69
2015 21.63
2016 20.42
2017 21.97
2018 23.57
2019 23.05
2020 24.68

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