South Asia - Transport services (% of service imports, BoP)

Transport services (% of service imports, BoP) in South Asia was 22.13 as of 2020. Its highest value over the past 45 years was 69.16 in 1975, while its lowest value was 21.45 in 2018.

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 69.16
1976 60.46
1977 61.17
1978 63.18
1979 61.09
1980 61.32
1981 60.92
1982 60.72
1983 57.62
1984 58.93
1985 57.55
1986 55.35
1987 55.45
1988 55.86
1989 56.42
1990 57.10
1991 54.93
1992 57.80
1993 58.12
1994 55.53
1995 54.72
1996 56.19
1997 57.00
1998 52.20
1999 45.73
2000 49.74
2001 47.01
2002 47.00
2003 42.48
2004 40.67
2005 44.41
2006 43.41
2007 45.13
2008 33.00
2009 28.75
2010 25.71
2011 28.30
2012 26.15
2013 25.48
2014 27.48
2015 26.30
2016 21.54
2017 21.47
2018 21.45
2019 23.18
2020 22.13

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