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

Transport services (% of service exports, BoP) in Norway was 43.55 as of 2020. Its highest value over the past 45 years was 74.53 in 1980, while its lowest value was 41.71 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 73.80
1976 70.73
1977 69.85
1978 69.97
1979 73.12
1980 74.53
1981 73.20
1982 69.74
1983 68.47
1984 69.41
1985 68.98
1986 65.34
1987 63.39
1988 63.22
1989 67.29
1990 67.01
1991 67.45
1992 61.19
1993 60.68
1994 60.72
1995 61.79
1996 58.87
1997 56.67
1998 54.79
1999 53.16
2000 54.26
2001 59.10
2002 57.41
2003 56.00
2004 54.62
2005 54.56
2006 50.37
2007 49.28
2008 47.36
2009 46.47
2010 44.05
2011 47.48
2012 43.92
2013 44.10
2014 45.91
2015 43.47
2016 41.71
2017 44.38
2018 42.45
2019 42.90
2020 43.55

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