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

Transport services (% of service imports, BoP) in Armenia was 41.19 as of 2020. Its highest value over the past 27 years was 73.14 in 1993, while its lowest value was 22.44 in 2015.

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
1993 73.14
1994 64.91
1995 65.07
1996 63.38
1997 50.46
1998 56.63
1999 48.99
2000 56.70
2001 40.89
2002 43.27
2003 42.99
2004 35.77
2005 36.67
2006 34.00
2007 37.80
2008 40.72
2009 35.83
2010 34.97
2011 33.46
2012 31.46
2013 29.13
2014 26.86
2015 22.44
2016 22.97
2017 23.29
2018 25.48
2019 25.91
2020 41.19

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