Algeria | Imports of goods and services (% of GDP)
Imports of goods and services represent the value of all goods and other market services received from 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 | Imports of goods and services (% of GDP)
67.14363171 1960
67.50377104 1961
20.81864668 1962
36.82551514 1963
29.43976253 1964
25.83307835 1965
24.653572 1966
21.63176932 1967
24.18725436 1968
28.07075808 1969
29.15266841 1970
27.66377753 1971
25.7268683 1972
31.58976353 1973
35.48977562 1974
42.96559919 1975
37.11867296 1976
41.7403173 1977
40.16873217 1978
32.86574908 1979
30.33846169 1980
30.87774286 1981
28.99807495 1982
25.80231124 1983
27.46636751 1984
26.74218774 1985
23.17195323 1986
18.41210974 1987
22.6037194 1988
28.51405637 1989
24.9370286 1990
23.59976454 1991
23.86948996 1992
23.13893637 1993
26.05371254 1994
28.99622923 1995
23.94469955 1996
21.33760013 1997
22.51609655 1998
22.77899622 1999
20.78862591 2000
22.01685879 2001
25.62963474 2002
23.87594361 2003
25.64819794 2004
24.07340587 2005
21.91932588 2006
24.8699642 2007
28.71117516 2008
35.95267869 2009
31.42211391 2010
28.68618309 2011
28.51443139 2012
30.40092579 2013
31.9266588 2014
36.52335059 2015
35.05318267 2016
32.68917073 2017
32.20437885 2018
29.0953259 2019
27.86073421 2020
26.46098382 2021
23.70705845 2022
Algeria | Imports of goods and services (% of GDP)
Imports of goods and services represent the value of all goods and other market services received from 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