Solomon Islands - Transport services (% of service imports, BoP)

Transport services (% of service imports, BoP) in Solomon Islands was 20.55 as of 2020. Its highest value over the past 45 years was 62.39 in 1999, while its lowest value was 2.64 in 1994.

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
1975 52.80
1976 51.08
1977 48.75
1978 36.71
1979 50.00
1980 41.12
1981 36.22
1982 39.97
1983 40.79
1984 36.83
1985 36.85
1986 27.40
1987 31.70
1988 29.30
1989 29.41
1990 25.37
1991 25.80
1992 23.62
1993 3.15
1994 2.64
1995 5.08
1996 3.84
1997 5.40
1998 15.65
1999 62.39
2000 48.97
2001 42.69
2002 43.10
2003 41.21
2004 45.35
2005 52.87
2006 37.19
2007 36.33
2008 35.08
2009 33.89
2010 23.94
2011 26.86
2012 24.64
2013 25.25
2014 29.52
2015 31.34
2016 26.45
2017 25.19
2018 28.54
2019 20.09
2020 20.55

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