Saudi Arabia - Transport services (% of service exports, BoP)

Transport services (% of service exports, BoP) in Saudi Arabia was 32.40 as of 2020. Its highest value over the past 49 years was 37.30 in 1977, while its lowest value was 12.34 in 1981.

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
1971 23.19
1972 23.33
1973 28.03
1974 25.33
1975 31.08
1976 33.25
1977 37.30
1978 32.19
1979 19.04
1980 15.29
1981 12.34
2005 15.95
2006 16.20
2007 13.73
2008 25.49
2009 19.90
2010 19.05
2011 17.19
2012 20.58
2013 22.50
2014 23.06
2015 19.71
2016 25.40
2017 23.73
2018 21.96
2019 19.56
2020 32.40

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