Cameroon | 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 Cameroon
Records
63
Source
Cameroon | Exports of goods and services (% of GDP)
1960
1961
1962
1963
1964
1965 23.75939244
1966 20.99473486
1967 20.62527266
1968 22.12355169
1969 23.38342862
1970 26.20993168
1971 23.01815778
1972 20.39186958
1973 20.69372592
1974 25.43808981
1975 22.68495913
1976 22.64259686
1977 25.05995286
1978 23.65519781
1979 21.0785468
1980 27.88474819
1981 21.86705334
1982 33.21433786
1983 30.39760328
1984 33.4785942
1985 33.44877106
1986 23.2813706
1987 16.69425643
1988 16.03297487
1989 20.70703664
1990 20.1829144
1991 19.99888046
1992 20.54702225
1993 16.39071724
1994 21.48102051
1995 21.61848797
1996 24.26249197
1997 26.65065533
1998 21.979185
1999 19.42860057
2000 24.85681273
2001 25.26121725
2002 22.98615837
2003 19.43691146
2004 20.54757371
2005 22.2454564
2006 24.17909406
2007 26.9786418
2008 27.00836547
2009 19.58241528
2010 22.3688903
2011 24.22968662
2012 23.87672384
2013 23.63910867
2014 23.60997553
2015 20.98914963
2016 18.94997876
2017 18.35109858
2018 18.73625347
2019 19.85009075
2020 15.23584351
2021 16.51554082
2022 19.29163469

Cameroon | 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 Cameroon
Records
63
Source