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

Transport services (% of service imports, BoP) in Singapore was 33.04 as of 2021. Its highest value over the past 49 years was 46.40 in 1974, while its lowest value was 26.31 in 2013.

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
1972 35.39
1973 38.07
1974 46.40
1975 42.47
1976 40.38
1977 39.15
1978 36.54
1979 36.97
1980 38.25
1981 38.01
1982 38.12
1983 34.67
1984 33.58
1985 39.21
1986 36.22
1987 41.67
1988 42.97
1989 41.34
1990 40.65
1991 41.59
1992 37.56
1993 35.46
1994 34.52
1995 42.68
1996 43.63
1997 44.52
1998 45.98
1999 42.34
2000 41.92
2001 38.17
2002 31.85
2003 32.64
2004 35.60
2005 36.70
2006 35.53
2007 35.76
2008 32.63
2009 29.52
2010 29.41
2011 28.20
2012 26.80
2013 26.31
2014 27.38
2015 29.51
2016 27.46
2017 28.10
2018 31.39
2019 31.06
2020 32.33
2021 33.04

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