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

Transport services (% of service exports, BoP) in Philippines was 4.66 as of 2021. Its highest value over the past 44 years was 21.42 in 1977, while its lowest value was 2.36 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
1977 21.42
1978 13.72
1979 14.96
1980 14.24
1981 13.62
1982 9.65
1983 7.36
1984 9.14
1985 8.95
1986 5.56
1987 7.21
1988 9.12
1989 7.29
1990 7.58
1991 6.62
1992 5.76
1993 4.67
1994 3.44
1995 2.93
1996 2.77
1997 2.36
1998 4.33
1999 5.93
2000 8.26
2001 11.98
2002 15.73
2003 16.78
2004 14.85
2005 10.88
2006 8.55
2007 8.02
2008 9.61
2009 7.20
2010 7.58
2011 7.54
2012 7.80
2013 7.01
2014 7.35
2015 6.65
2016 6.08
2017 7.13
2018 7.04
2019 6.99
2020 5.24
2021 4.66

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