Low income - Transport services (% of service imports, BoP)

Transport services (% of service imports, BoP) in Low income was 49.93 as of 2020. Its highest value over the past 15 years was 51.75 in 2017, while its lowest value was 41.61 in 2006.

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
2005 50.43
2006 41.61
2007 46.16
2008 50.39
2009 49.10
2010 50.59
2011 47.92
2012 48.04
2013 49.08
2014 47.15
2015 50.95
2016 47.72
2017 51.75
2018 47.48
2019 50.98
2020 49.93

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