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

Transport services (% of service imports, BoP) in Small states was 29.30 as of 2020. Its highest value over the past 28 years was 40.33 in 1992, while its lowest value was 24.77 in 2010.

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
1992 40.33
1993 38.25
1994 38.99
2008 28.13
2009 24.79
2010 24.77
2011 33.92
2012 30.15
2013 29.10
2014 28.52
2015 28.11
2016 26.14
2017 26.21
2018 26.48
2019 28.89
2020 29.30

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