Cameroon | 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 Cameroon
Records
63
Source
Cameroon | Imports of goods and services (current US$)
1960
1961
1962
1963
1964
1965 197501862.12871
1966 200668814.90295
1967 211381299.69244
1968 257710416.89814
1969 251576564.8371
1970 284005473.49794
1971 335928206.6881
1972 390830241.0037
1973 456280562.5251
1974 491889089.57927
1975 729774049.06564
1976 793051292.87575
1977 943911998.71563
1978 1311288738.5242
1979 1671668197.5248
1980 1810903418.9323
1981 1878440367.0045
1982 1911383891.4076
1983 2013215078.0292
1984 2266220105.2221
1985 2698093752.9453
1986 2694449197.7243
1987 2691627935.7717
1988 1953074690.7035
1989 1956872129.5241
1990 2132071772.3513
1991 1733392181.1181
1992 2211014452.6162
1993 1580660005.2191
1994 1378107626.0926
1995 1636645932.8472
1996 2313348982.2343
1997 2354149770.9426
1998 2295271123.983
1999 2059848165.2534
2000 2437829405.7094
2001 2881977219.4449
2002 3165848305.4987
2003 3322828643.6643
2004 4008132753.4518
2005 4438925461.482
2006 4793806220.742
2007 6278066804.3115
2008 8291276215.6002
2009 6311089300.7322
2010 6841031832.1355
2011 8359880285.5714
2012 7888349867.6693
2013 8781390774.2517
2014 9905295758.3435
2015 7907933406.453
2016 7333874148.3238
2017 7525797297.6289
2018 8734823906.2855
2019 9333954949.9132
2020 7544328670.7431
2021 9102326034.5336
2022 9599642282.7579

Cameroon | 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 Cameroon
Records
63
Source