Caribbean small states - Transport services (% of service imports, BoP)

Transport services (% of service imports, BoP) in Caribbean small states was 25.34 as of 2020. Its highest value over the past 44 years was 47.53 in 1978, while its lowest value was 23.65 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
1976 46.43
1977 45.22
1978 47.53
1979 46.82
1980 46.05
1981 43.60
1982 42.91
1983 40.52
1984 38.62
1985 39.03
1986 38.84
1987 39.09
1988 38.87
1989 42.22
1990 40.38
1991 40.74
1992 39.65
1993 38.74
1994 37.73
1995 36.72
1996 35.67
1997 35.62
1998 34.94
1999 32.95
2000 34.50
2001 33.77
2002 32.17
2003 33.22
2004 33.60
2005 35.68
2006 34.62
2007 35.03
2008 37.28
2009 34.22
2010 33.81
2011 32.80
2012 31.37
2013 30.51
2014 28.00
2015 26.71
2016 23.65
2017 25.61
2018 28.24
2019 28.35
2020 25.34

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