Upper middle income - Transport services (% of service imports, BoP)

Transport services (% of service imports, BoP) in Upper middle income was 26.58 as of 2020. Its highest value over the past 38 years was 43.74 in 1982, while its lowest value was 21.51 in 2016.

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
1982 43.74
1983 42.28
1984 41.87
1985 40.99
1986 41.00
1987 42.32
1988 41.74
1989 42.75
1990 41.49
1991 40.27
1992 38.99
1993 38.01
1994 36.73
1995 35.60
1996 33.52
1997 30.64
1998 30.10
1999 30.79
2000 31.86
2001 31.28
2002 29.45
2003 30.54
2004 32.29
2005 33.06
2006 33.32
2007 32.71
2008 32.55
2009 28.81
2010 30.29
2011 30.27
2012 29.03
2013 27.03
2014 23.92
2015 22.20
2016 21.51
2017 22.59
2018 23.35
2019 23.25
2020 26.58

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