Argentina | 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
Argentine Republic
Records
63
Source
Argentina | Imports of goods and services (% of GDP)
7.60404698 1960
5.99494532 1961
9.38368289 1962
7.89045203 1963
5.56371407 1964
4.15058297 1965
4.98968803 1966
4.99706415 1967
5.40371142 1968
6.39871332 1969
4.7358774 1970
6.60795603 1971
6.83787736 1972
5.70950079 1973
6.28900906 1974
5.9786725 1975
5.92149633 1976
7.32639416 1977
5.71540643 1978
6.32976917 1979
6.48369978 1980
7.371928 1981
6.52099302 1982
5.83614942 1983
4.75648612 1984
6.27332705 1985
6.32405525 1986
7.57576407 1987
6.21184564 1988
6.57938879 1989
4.63132241 1990
6.07801081 1991
8.13279311 1992
9.31379991 1993
10.60439714 1994
10.09101283 1995
11.07787165 1996
12.77532874 1997
12.93444601 1998
11.55557045 1999
11.63606955 2000
10.27324737 2001
13.37012736 2002
14.7138051 2003
16.84502668 2004
17.30539424 2005
17.40678527 2006
18.28242031 2007
18.341773 2008
14.49614185 2009
16.03718986 2010
16.75694585 2011
14.28868291 2012
14.71675561 2013
14.00131506 2014
11.78057404 2015
13.56679268 2016
13.96931778 2017
16.32585021 2018
14.70573667 2019
13.59828437 2020
14.93343631 2021
15.3509523 2022
Argentina | 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
Argentine Republic
Records
63
Source