Congo, Rep. | Exports of goods and services (current 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 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 the Congo
Records
63
Source
Congo, Rep. | Exports of goods and services (current US$)
26943546.478117 1960
29515424.404415 1961
50771655.354293 1962
62818525.119575 1963
70846987.328557 1964
71410810.831236 1965
65939852.91432 1966
72357447.6777 1967
76343640.503116 1968
85012891.224036 1969
95512627.991628 1970
104954865.83051 1971
116257095.8937 1972
171385616.32217 1973
311584817.29154 1974
275298407.14208 1975
304665660.15971 1976
348827333.04687 1977
384211648.65827 1978
568348371.7341 1979
1023762095.6746 1980
1156656678.9749 1981
1194134306.3852 1982
1215274929.4088 1983
1351850299.9563 1984
1227120963.4523 1985
736631969.1737 1986
958951543.4731 1987
898779925.22091 1988
1159530947.1871 1989
1449116806.0998 1990
1134481545.0798 1991
1193589825.2474 1992
1149866814.4988 1993
1035379949.3079 1994
1369151207.1401 1995
1739316143.9972 1996
1755897583.7437 1997
1487018188.902 1998
1702267046.4973 1999
2591933855.4543 2000
2165209455.4044 2001
2473412893.4232 2002
2831441511.1751 2003
3750252271.5828 2004
4987839329.9188 2005
6253140817.8915 2006
6014868764.4275 2007
8551335536.7606 2008
6269575239.2013 2009
9010344990.6216 2010
11524199117.771 2011
10276401661.279 2012
9506330379.389 2013
9521135774.4653 2014
5080504389.3033 2015
4598614603.196 2016
5676104777.3224 2017
9190872265.7305 2018
7854718301.4456 2019
4669907399.3641 2020
7833396319.4056 2021
10093180164.865 2022
Congo, Rep. | Exports of goods and services (current 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 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 the Congo
Records
63
Source