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Field Detail
Theme Communication and Infrastructure
Code T-AFD-2.1.7
Sub-theme Transport
Sub-sub-theme Maritime
Name Average annual national expenditure on container freight (TEU) costs as proportion of GDP
Definition Affordibility
Calculation/Formula Average annual cost of container freight / GDP x 100
Unit of Measure %
Limitations Could be inflated by costs that accrue when containers are left on the island due to lack of storage space (again quite frequent) at the port or elsewhere – this includes the extortionately high cost tanktainers; would also be affected by the proportion of the containers that are being returned empty (again quite common for low export countries
Purpose/Rationale Assessment of transport cost affordibility and economic growth.
Policy Linkages National Development plans
Preferred Data Sources Shipping Agents / National Accounts
Primary Data Collection System Survey - SPC contacting national ministries and agencies
Frequency of Data Collection Annual
SPC Responsibility - Data Management EDD
SPC Programme EDD
Numerator Average annual cost of container freight
Denominator GDP per capita
Factor x 100
Unit %