Arab World - Transport services

Transport services (% of service imports, BoP)

Transport services (% of service imports, BoP) in Arab World was 25.86 as of 2018. Its highest value over the past 7 years was 33.65 in 2012, while its lowest value was 25.86 in 2018.

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
2011 31.68
2012 33.65
2013 32.55
2014 29.48
2015 29.39
2016 28.41
2017 27.14
2018 25.86

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments