Argentina | 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
Argentine Republic
Records
63
Source
Argentina | Exports of goods and services (% of GDP)
7.60404911 1960
5.99494699 1961
4.69184276 1962
7.8904542 1963
5.5637156 1964
6.22587444 1965
6.65291738 1966
7.49559623 1967
6.48445346 1968
6.39871332 1969
5.60156668 1970
6.00723288 1971
7.19776584 1972
7.61266772 1973
6.9025708 1974
5.8240518 1975
9.1753883 1976
9.61589241 1977
8.60838994 1978
6.51091547 1979
5.06197268 1980
6.92104948 1981
9.09049308 1982
9.15152069 1983
7.58989531 1984
11.73609802 1985
8.16197754 1986
7.87320581 1987
9.53161297 1988
13.05840891 1989
10.35953659 1990
7.67504335 1991
6.59818747 1992
6.90935153 1993
7.52994873 1994
9.68041026 1995
10.42859676 1996
10.5608501 1997
10.41558196 1998
9.82717451 1999
10.98637523 2000
11.57900808 2001
28.382597 2002
25.93094293 2003
23.84761942 2004
23.24587673 2005
23.0266946 2006
22.66275031 2007
22.06090038 2008
19.56098506 2009
18.93382341 2010
18.44920915 2011
16.23785946 2012
14.61717339 2013
14.40547859 2014
10.70565205 2015
12.52709517 2016
11.32028336 2017
14.43668575 2018
17.92487838 2019
16.60541444 2020
17.99658794 2021
16.29956168 2022
Argentina | 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
Argentine Republic
Records
63
Source