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

Transport services (% of service imports, BoP) in Belgium was 20.27 as of 2020. Its highest value over the past 18 years was 28.16 in 2007, while its lowest value was 19.86 in 2014.

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
2002 21.57
2003 21.63
2004 23.21
2005 24.06
2006 24.79
2007 28.16
2008 26.38
2009 21.59
2010 24.21
2011 22.85
2012 22.24
2013 20.52
2014 19.86
2015 22.32
2016 23.03
2017 23.43
2018 22.97
2019 21.35
2020 20.27

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