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

Transport services (% of service exports, BoP) in World was 16.56 as of 2020. Its highest value over the past 38 years was 30.03 in 1982, while its lowest value was 16.52 in 2016.

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 30.03
1983 29.06
1984 28.81
1985 28.25
1986 26.00
1987 25.53
1988 26.54
1989 26.47
1990 25.65
1991 24.62
1992 23.35
1993 23.14
1994 23.42
1995 23.56
1996 23.15
1997 22.16
1998 21.91
1999 21.22
2000 21.41
2001 21.29
2002 20.84
2003 21.25
2004 21.74
2005 21.82
2006 21.60
2007 21.60
2008 22.47
2009 19.48
2010 20.76
2011 20.23
2012 19.91
2013 18.98
2014 18.42
2015 17.54
2016 16.52
2017 16.76
2018 16.84
2019 16.53
2020 16.56

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