Lao PDR - Transport services (% of service imports, BoP)

Transport services (% of service imports, BoP) in Lao PDR was 26.21 as of 2020. Its highest value over the past 36 years was 74.03 in 1989, while its lowest value was 3.04 in 2014.

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
1984 62.26
1985 39.16
1986 47.63
1987 49.34
1988 50.94
1989 74.03
1990 69.70
1991 46.64
1992 44.04
1993 44.40
1994 28.40
1995 42.60
1996 38.57
1997 21.86
1998 21.58
1999 5.60
2000 11.38
2001 23.70
2002 23.78
2003 20.89
2004 20.98
2005 20.43
2006 22.13
2007 18.45
2008 17.51
2009 13.82
2010 8.39
2011 6.89
2012 7.30
2013 3.40
2014 3.04
2015 3.23
2016 6.74
2017 7.72
2018 11.18
2019 11.66
2020 26.21

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