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

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