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

Transport services (% of service exports, BoP) in Panama was 63.81 as of 2020. Its highest value over the past 43 years was 63.81 in 2020, while its lowest value was 5.06 in 1977.

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 5.06
1978 5.18
1979 5.17
1980 46.95
1981 49.70
1982 55.76
1983 58.91
1984 58.18
1985 55.70
1986 53.54
1987 53.02
1988 55.88
1989 55.11
1990 53.83
1991 52.62
1992 51.03
1993 49.65
1994 50.17
1995 51.54
1996 50.90
1997 52.52
1998 55.13
1999 56.73
2000 58.84
2001 57.84
2002 54.24
2003 54.39
2004 55.72
2005 56.49
2006 55.79
2007 52.08
2008 53.47
2009 57.12
2010 53.58
2011 49.74
2012 48.21
2013 47.98
2014 47.71
2015 45.85
2016 45.66
2017 48.44
2018 49.39
2019 50.49
2020 63.81

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