Congo, Dem. Rep. | Exports of goods and services (constant 2015 US$)
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. Data are in constant 2015 prices, expressed in U.S. dollars. Development relevance: An economy's growth is measured by the change in the volume of its output or in the real incomes of its residents. The 2008 United Nations System of National Accounts (2008 SNA) offers three plausible indicators for calculating growth: the volume of gross domestic product (GDP), real gross domestic income, and real gross national income. The volume of GDP is the sum of value added, measured at constant prices, by households, government, and industries operating in the economy. GDP accounts for all domestic production, regardless of whether the income accrues to domestic or foreign institutions. 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
Democratic Republic of the Congo
Records
63
Source
Congo, Dem. Rep. | Exports of goods and services (constant 2015 US$)
1045362460.1243 1960
943384659.49804 1961
850610460.56202 1962
727072439.68832 1963
865819067.34027 1964
755512586.6105 1965
764991709.02747 1966
726796177.78539 1967
1046813992.8772 1968
1052265609.3958 1969
1192155515.1204 1970
1328630965.253 1971
1417681898.1215 1972
1551544564.8594 1973
1431456327.1273 1974
1342112888.9664 1975
1257944002.7984 1976
1254220736.7309 1977
1568855985.5049 1978
1314087721.5908 1979
1597302988.047 1980
1382078151.5535 1981
1240928051.8031 1982
1693240888.2439 1983
2851031110.2307 1984
3044523348.3226 1985
2862622619.6653 1986
3090627268.6478 1987
3147272495.7551 1988
2959375656.1248 1989
2930362295.297 1990
2428843475.7086 1991
1414752892.8359 1992
1289027752.5082 1993
1192316220.1827 1994
1435548683.6907 1995
1656623131.3365 1996
1290307092.4876 1997
1601949103.2471 1998
2394722636.7344 1999
2307887440.7077 2000
1857974365.6239 2001
3390317200.0528 2002
3890220616.8126 2003
3996797248.0246 2004
4516315277.9443 2005
4093278607.4592 2006
5187411979.233 2007
5430442230.4203 2008
3894683170.9496 2009
5453548739.4188 2010
6820813498.8093 2011
7627772787.7353 2012
8319721231.5687 2013
10099050204.628 2014
10512899423.428 2015
10420848062.268 2016
11186180044.789 2017
12779604369.014 2018
12963980168.437 2019
14000634396.094 2020
15153138956.999 2021
18019113985.563 2022
Congo, Dem. Rep. | Exports of goods and services (constant 2015 US$)
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. Data are in constant 2015 prices, expressed in U.S. dollars. Development relevance: An economy's growth is measured by the change in the volume of its output or in the real incomes of its residents. The 2008 United Nations System of National Accounts (2008 SNA) offers three plausible indicators for calculating growth: the volume of gross domestic product (GDP), real gross domestic income, and real gross national income. The volume of GDP is the sum of value added, measured at constant prices, by households, government, and industries operating in the economy. GDP accounts for all domestic production, regardless of whether the income accrues to domestic or foreign institutions. 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
Democratic Republic of the Congo
Records
63
Source