Pacific island small states - Transport services (% of service imports, BoP)

Transport services (% of service imports, BoP) in Pacific island small states was 40.55 as of 2020. Its highest value over the past 41 years was 61.57 in 1979, while its lowest value was 35.12 in 1997.

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
1979 61.57
1980 55.75
1981 50.99
1982 51.82
1983 52.19
1984 49.99
1985 48.93
1986 46.20
1987 42.92
1988 47.29
1989 48.01
1990 48.93
1991 42.42
1992 42.77
1993 39.36
1994 35.62
1995 35.77
1996 37.13
1997 35.12
1998 37.24
1999 41.05
2000 44.80
2001 48.51
2002 53.33
2003 55.44
2004 55.37
2005 51.95
2006 52.15
2007 51.41
2008 53.32
2009 46.58
2010 49.88
2011 49.88
2012 48.18
2013 48.45
2014 48.90
2015 48.92
2016 45.99
2017 45.76
2018 46.49
2019 42.01
2020 40.55

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