Algeria | Exports of goods and services (% of GDP)
Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
People's Democratic Republic of Algeria
Records
63
Source
Algeria | Exports of goods and services (% of GDP)
1960 39.0431726
1961 46.24455689
1962 19.79387268
1963 24.68468205
1964 25.08405873
1965 22.60394356
1966 25.98619752
1967 23.43441677
1968 23.1356346
1969 23.78877682
1970 22.0727334
1971 18.44251915
1972 20.44956198
1973 25.503663
1974 38.74904361
1975 33.68893622
1976 33.05458393
1977 30.58656693
1978 25.53583672
1979 31.14830021
1980 34.33846147
1981 34.58725077
1982 30.92485632
1983 27.94180611
1984 25.71001618
1985 23.58393289
1986 12.85475734
1987 14.27247473
1988 15.50786788
1989 18.63926334
1990 23.44368508
1991 29.11782217
1992 25.31959428
1993 21.783877
1994 22.53072525
1995 26.19477598
1996 29.76044833
1997 30.90631138
1998 22.57835401
1999 28.15011312
2000 42.06971772
2001 36.68930544
2002 35.50453671
2003 38.24882942
2004 40.0532239
2005 47.20519509
2006 48.81068655
2007 47.06816484
2008 47.973343
2009 35.37165186
2010 38.44454735
2011 38.78811864
2012 36.89054781
2013 33.20989789
2014 30.48765721
2015 23.17177801
2016 20.87248521
2017 22.63223229
2018 25.86118126
2019 22.71441254
2020 17.4699219
2021 26.73454321
2022 35.3352258
Algeria | Exports of goods and services (% of GDP)
Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
People's Democratic Republic of Algeria
Records
63
Source