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

Transport services (% of service exports, BoP) in Caribbean small states was 6.95 as of 2020. Its highest value over the past 45 years was 21.27 in 1975, while its lowest value was 5.13 in 2019.

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
1975 21.27
1976 15.95
1977 15.69
1978 15.28
1979 15.28
1980 14.91
1981 13.88
1982 14.20
1983 14.28
1984 14.38
1985 13.47
1986 13.64
1987 10.40
1988 10.89
1989 10.60
1990 11.42
1991 10.76
1992 11.35
1993 10.59
1994 11.18
1995 11.99
1996 10.12
1997 10.68
1998 10.73
1999 10.32
2000 10.45
2001 11.51
2002 11.35
2003 12.62
2004 12.62
2005 11.01
2006 10.10
2007 9.84
2008 9.93
2009 9.81
2010 9.42
2011 9.68
2012 11.20
2013 11.33
2014 9.74
2015 8.04
2016 7.05
2017 7.55
2018 5.80
2019 5.13
2020 6.95

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