Bangladesh | Imports of goods and services (current US$)
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. Data are in current U.S. dollars. 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 Republic of Bangladesh
Records
63
Source
Bangladesh | Imports of goods and services (current US$)
1960 397875437.5
1961 563656854.16667
1962 549204104.16667
1963 620050875
1964 760610875
1965 789516354.16667
1966 814737854.16667
1967 913639937.5
1968 868581375
1969 988170750
1970 1124763291.6667
1971 938861375
1972 863537083.33333
1973 958701323.73731
1974 1294857682.6513
1975 1575422622.8031
1976 1784273649.8317
1977 1194951861.6677
1978 2056130687.8307
1979 2459010308.8042
1980 3243617764.8579
1981 2858506731.9461
1982 2877295409.1816
1983 2590824915.8249
1984 2538320000
1985 2860038461.5385
1986 2577133333.3333
1987 2842322580.6452
1988 3255865280.2607
1989 3679751008.0842
1990 4126169961.935
1991 3785238095.2381
1992 3915198938.992
1993 4677910052.9101
1994 4681795511.2219
1995 6580597014.9254
1996 7601784841.0758
1997 7625081967.2131
1998 8058876651.9824
1999 8525935940.0998
2000 9060862651.5603
2001 10102557449.963
2002 9060891520.1114
2003 9761830742.6598
2004 10229675556.31
2005 13891430894.309
2006 15626727218.583
2007 18268578048.074
2008 22873050575.718
2009 23726335275.94
2010 25106319010.513
2011 35373869598.363
2012 37272063460.344
2013 40135258843.071
2014 44128004306.714
2015 48280625262.557
2016 46185468500.349
2017 50467021620.615
2018 63761124165.583
2019 64920430415.049
2020 59183705070.553
2021 71019877561.116
2022 96171667792.533
Bangladesh | Imports of goods and services (current US$)
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. Data are in current U.S. dollars. 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 Republic of Bangladesh
Records
63
Source