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

Transport services (% of service imports, BoP) in Philippines was at 16.33 %, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 philippines transport services percent of service imports bop wb data




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Transport (% of service imports, BoP) covers all transport services (sea, air, land, internal waterway, space, and pipeline) 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. Excluded are freight insurance, which is included in insurance services; goods procured in ports by nonresident carriers and repairs of transport equipment, which are included in goods; repairs of railway facilities, harbors, and airfield facilities, which are included in construction services; and rental of carriers without crew, which is included in other services. Services imports refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the International Monetary Fund's (IMF) Balance of Payments Manual (1993), but definitions may nevertheless vary among reporting economies.


Philippines | Economy & Growth

GDP (current US$)
292451392607 USD
GDP (current LCU)
13307357227500 LCU
GDP (constant 2000 US$)
265833154133 USD
GDP (constant LCU)
7593828396600 LCU
GNI (current US$)
353758553491 USD
GNI (current LCU)
16097004707800 LCU
GNI (constant 2000 US$)
322599553366 USD
GNI (constant LCU)
9173756337009 LCU
Gross savings (current US$)
125206722581 USD
Gross savings (current LCU)
5697256456263 LCU
Total Reserves
80692 %