Barbados - Transport services

Transport services (% of service imports, BoP)

Transport services (% of service imports, BoP) in Barbados was 15.77 as of 2016. Its highest value over the past 49 years was 55.89 in 1979, while its lowest value was 14.25 in 2013.

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
1967 23.58
1968 36.34
1969 39.08
1970 40.61
1971 40.25
1972 39.73
1973 44.84
1974 54.58
1975 55.40
1976 54.16
1977 51.20
1978 53.88
1979 55.89
1980 55.54
1981 53.80
1982 51.02
1983 53.76
1984 53.81
1985 50.25
1986 38.38
1987 32.15
1988 37.19
1989 35.99
1990 35.79
1991 39.60
1992 33.95
1993 29.96
1994 31.04
1995 31.53
1996 30.48
1997 31.77
1998 31.83
1999 31.16
2000 27.14
2001 27.95
2002 26.48
2003 23.92
2004 28.70
2005 25.83
2006 27.13
2007 28.57
2008 25.49
2009 21.07
2010 22.83
2011 22.29
2012 20.60
2013 14.25
2014 18.36
2015 17.00
2016 15.77

Transport services (% of service exports, BoP)

Transport services (% of service exports, BoP) in Barbados was 4.67 as of 2016. Its highest value over the past 49 years was 11.29 in 1967, while its lowest value was 1.14 in 1989.

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
1967 11.29
1968 8.71
1969 6.61
1970 4.94
1971 5.77
1972 4.59
1973 4.01
1974 5.32
1975 8.53
1976 7.51
1977 6.21
1978 7.82
1979 7.71
1980 7.46
1981 5.65
1982 6.53
1983 5.71
1984 5.49
1985 4.73
1986 4.10
1987 1.31
1988 1.49
1989 1.14
1990 1.25
1991 1.65
1992 1.90
1993 1.74
1994 2.16
1995 2.42
1996 2.14
1997 2.64
1998 2.56
1999 2.67
2000 2.59
2001 2.55
2002 2.41
2003 2.42
2004 2.64
2005 2.05
2006 2.23
2007 2.53
2008 1.66
2009 2.74
2010 1.85
2011 3.64
2012 3.79
2013 3.94
2014 4.02
2015 4.19
2016 4.67

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments