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

Transport services (% of service exports, BoP) in Singapore was 29.64 as of 2021. Its highest value over the past 49 years was 45.43 in 2000, while its lowest value was 16.53 in 1975.

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 17.14
1973 18.32
1974 19.80
1975 16.53
1976 19.23
1977 22.04
1978 24.86
1979 29.32
1980 26.93
1981 20.35
1982 18.71
1983 17.83
1984 23.32
1985 20.61
1986 20.18
1987 20.63
1988 21.04
1989 19.03
1990 17.37
1991 18.21
1992 17.07
1993 17.06
1994 17.54
1995 32.02
1996 32.18
1997 32.43
1998 39.33
1999 43.82
2000 45.43
2001 44.29
2002 43.13
2003 44.07
2004 42.86
2005 42.73
2006 38.71
2007 39.39
2008 40.51
2009 36.80
2010 38.43
2011 35.68
2012 34.36
2013 32.54
2014 32.81
2015 30.43
2016 27.30
2017 28.44
2018 30.09
2019 29.32
2020 30.08
2021 29.64

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