Trinidad and Tobago - Transport services (% of service imports, BoP)

Transport services (% of service imports, BoP) in Trinidad and Tobago was 29.32 as of 2020. Its highest value over the past 45 years was 53.75 in 1975, while its lowest value was 20.37 in 2017.

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 53.75
1976 52.85
1977 50.07
1978 46.41
1979 44.18
1980 45.70
1981 40.84
1982 43.94
1983 40.11
1984 36.23
1985 38.32
1986 35.95
1987 39.34
1988 38.29
1989 50.01
1990 49.63
1991 52.03
1992 47.92
1993 51.91
1994 53.68
1995 38.94
1996 42.98
1997 42.94
1998 48.49
1999 45.11
2000 44.58
2001 31.51
2002 31.47
2003 43.02
2004 43.52
2005 35.15
2006 44.24
2007 44.75
2008 39.48
2009 33.89
2010 31.71
2011 29.19
2012 26.12
2013 28.45
2014 26.43
2015 25.01
2016 23.17
2017 20.37
2018 25.47
2019 31.67
2020 29.32

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