Upper middle income - Transport services (% of service exports, BoP)

Transport services (% of service exports, BoP) in Upper middle income was 24.78 as of 2020. Its highest value over the past 38 years was 32.57 in 1983, while its lowest value was 13.80 in 1998.

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
1982 32.15
1983 32.57
1984 31.77
1985 31.89
1986 28.59
1987 28.10
1988 27.26
1989 24.26
1990 23.84
1991 22.06
1992 21.05
1993 18.84
1994 20.61
1995 20.79
1996 18.50
1997 13.99
1998 13.80
1999 13.90
2000 14.06
2001 14.26
2002 13.96
2003 18.03
2004 18.93
2005 20.42
2006 21.20
2007 21.84
2008 22.14
2009 18.82
2010 20.11
2011 19.57
2012 20.02
2013 20.57
2014 20.49
2015 19.94
2016 19.45
2017 20.11
2018 20.58
2019 20.21
2020 24.78

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