Chad | Imports of goods and services (% of GDP)

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. 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 Chad
Records
63
Source
Chad | Imports of goods and services (% of GDP)
1960 17.03756863
1961 18.55677586
1962 19.62895421
1963 19.21199442
1964 21.32945252
1965 17.81303858
1966 17.96321924
1967 18.16413181
1968 18.68502888
1969 17.69887442
1970 22.04973095
1971 21.05762886
1972 19.38405926
1973 23.50025335
1974 26.80373669
1975 25.85061153
1976 26.38422549
1977 28.37261312
1978 27.96756917
1979 34.63762863
1980 28.86567674
1981 22.66131867
1982 13.49482613
1983 23.54152924
1984 24.05303152
1985 31.32703029
1986 35.37579471
1987 36.43247812
1988 30.1042396
1989 31.40866736
1990 27.90681519
1991 24.39790826
1992 24.81381364
1993 29.32388722
1994 34.88274936
1995 33.76753903
1996 29.06652395
1997 30.76926506
1998 29.56735683
1999 32.18974699
2000 34.68107558
2001 49.6561205
2002 113.66086725
2003 58.74594805
2004 50.75973286
2005 37.86947084
2006 48.32878742
2007 40.22753001
2008 37.59516101
2009 41.97111149
2010 43.54510339
2011 41.80381796
2012 42.10756547
2013 39.08332409
2014 42.46516028
2015 36.56240346
2016 37.00188837
2017 39.7020457
2018 38.01407128
2019 37.82827212
2020 42.01421109
2021 44.23464962
2022 39.57415454

Chad | Imports of goods and services (% of GDP)

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. 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 Chad
Records
63
Source