Burundi | 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
Republic of Burundi
Records
63
Source
Burundi | Exports of goods and services (% of GDP)
1960 12.49999962
1961 12.93103499
1962 13.11475373
1963 7.51879706
1964 14.0939593
1965 10.3479635
1966 10.77615982
1967 10.80058971
1968 10.29569557
1969 9.65871538
1970 10.68877683
1971 8.4357499
1972 11.73444345
1973 11.0161732
1974 9.75339745
1975 8.27564572
1976 13.72648388
1977 17.59561023
1978 11.70769278
1979 14.16264464
1980 8.80938056
1981 9.14335051
1982 10.211975
1983 9.04558008
1984 11.50400691
1985 11.02661916
1986 11.7232284
1987 9.74490294
1988 12.59077005
1989 9.74574399
1990 7.87299229
1991 9.9173777
1992 8.74918052
1993 9.38196085
1994 10.27176505
1995 12.92634285
1996 5.82032102
1997 9.83547258
1998 7.99975012
1999 7.57575758
2000 6.31897059
2001 5.17920216
2002 4.68580418
2003 6.38141403
2004 6.95274829
2005 6.20000017
2006 7.3
2007 6.80000014
2008 10.50000026
2009 6.60000027
2010 9.70000164
2011 8.80000028
2012 9.69609532
2013 9.09525607
2014 8.69602119
2015 6.41727357
2016 6.38452219
2017 6.02657433
2018 5.68565431
2019 5.17204
2020 4.54932
2021 5.00029
2022 4.97109851

Burundi | 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
Republic of Burundi
Records
63
Source