Burundi | 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
Republic of Burundi
Records
63
Source
Burundi | Imports of goods and services (current US$)
1960 26250000
1961 29750000
1962 35000000
1963 33250000
1964 31500002
1965 19928888.888889
1966 21494857.142857
1967 21192000
1968 24488000
1969 23004571.428571
1970 28208000
1971 35832000
1972 37205714.285714
1973 40576812.535926
1974 53633015.873016
1975 79994920.634921
1976 74673623.188406
1977 94676666.666667
1978 123426666.66667
1979 177800000
1980 214223333.33333
1981 213555555.55556
1982 272632222.22222
1983 268000000
1984 232495196.72542
1985 239045071.67122
1986 268172621.5293
1987 291223994.01101
1988 280918091.10011
1989 255573911.39935
1990 314442789.99153
1991 332769069.98397
1992 319246482.28782
1993 254942339.37397
1994 263464979.04323
1995 272899694.10389
1996 136902390.42114
1997 140485312.89911
1998 173751533.20374
1999 129001348.56981
2000 141321270.48441
2001 138400674.4144
2002 140218229.17194
2003 164737396.31634
2004 225367196.22857
2005 322845665.25062
2006 446954652.5354
2007 433983785.48887
2008 591543748.57177
2009 520184959.36698
2010 605576363.59602
2011 764650773.88168
2012 793552538.14002
2013 919568792.80247
2014 928056749.06616
2015 509708728.08986
2016 440550588.77677
2017 441594730.67921
2018 557815769.467
2019 614607193.6752
2020 588865206.27045
2021 661150004.21903
2022 779398863.88978

Burundi | 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
Republic of Burundi
Records
63
Source