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