World - Transport services (% of service imports, BoP)

Transport services (% of service imports, BoP) in World was 20.10 as of 2020. Its highest value over the past 39 years was 36.11 in 1981, while its lowest value was 20.07 in 2019.

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
1981 36.11
1982 34.49
1983 33.97
1984 33.60
1985 32.95
1986 31.34
1987 31.07
1988 31.80
1989 32.23
1990 30.69
1991 29.81
1992 28.89
1993 28.97
1994 29.50
1995 29.67
1996 28.16
1997 27.89
1998 26.92
1999 25.51
2000 26.38
2001 25.83
2002 24.92
2003 25.17
2004 26.00
2005 26.00
2006 25.92
2007 26.22
2008 26.31
2009 22.82
2010 24.48
2011 24.82
2012 24.71
2013 23.57
2014 22.31
2015 21.18
2016 20.07
2017 20.19
2018 20.74
2019 20.07
2020 20.10

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