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

Transport services (% of service imports, BoP) in Panama was 39.66 as of 2020. Its highest value over the past 43 years was 71.07 in 1992, while its lowest value was 36.28 in 2019.

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
1977 51.71
1978 50.25
1979 52.24
1980 65.01
1981 64.00
1982 60.04
1983 55.19
1984 58.54
1985 58.27
1986 61.80
1987 61.52
1988 59.97
1989 63.95
1990 64.29
1991 67.74
1992 71.07
1993 68.94
1994 70.47
1995 68.37
1996 65.44
1997 60.70
1998 51.80
1999 54.27
2000 53.85
2001 54.49
2002 47.66
2003 47.77
2004 52.76
2005 54.17
2006 56.18
2007 56.75
2008 57.72
2009 55.13
2010 55.29
2011 51.47
2012 53.53
2013 47.16
2014 43.40
2015 40.59
2016 39.05
2017 42.71
2018 41.30
2019 36.28
2020 39.66

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