Other small states - Transport services

Transport services (% of service imports, BoP)

Transport services (% of service imports, BoP) in Other small states was 29.58 as of 2020. Its highest value over the past 11 years was 33.69 in 2011, while its lowest value was 22.22 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 22.22
2011 33.69
2012 29.57
2013 28.49
2014 28.22
2015 27.92
2016 26.11
2017 25.92
2018 25.90
2019 28.72
2020 29.58

Transport services (% of service exports, BoP)

Transport services (% of service exports, BoP) in Other small states was 28.89 as of 2020. Its highest value over the past 9 years was 28.89 in 2020, while its lowest value was 23.30 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
2011 26.16
2012 23.90
2013 24.64
2014 24.00
2015 24.64
2016 23.30
2017 25.05
2018 28.22
2019 27.45
2020 28.89

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments