Costa Rica | 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 Costa Rica
Records
63
Source
Costa Rica | Exports of goods and services (current US$)
1960 107517342.93774
1961 102289846.33926
1962 108885580.66796
1963 113065968.9328
1964 132494248.20679
1965 133796226.41509
1966 160407547.16981
1967 174037735.84906
1968 214867924.5283
1969 227033962.26415
1970 274128301.88679
1971 288612767.63239
1972 374287867.37001
1973 470906267.3863
1974 552345523.32913
1975 589474912.48541
1976 697444574.09568
1977 948424737.45624
1978 992882147.0245
1979 1086476079.3466
1980 1279264877.4796
1981 1135276476.264
1982 1175167517.5979
1983 1134010089.5584
1984 1258545325.0144
1985 1204104950.495
1986 1384953405.0179
1987 1433877648.5582
1988 1570096318.7756
1989 1830043151.276
1990 1952841380.8171
1991 2403995650.5758
1992 3021544050.2716
1993 3453399771.2779
1994 3763147723.1258
1995 4414827041.6968
1996 4672770398.6327
1997 5248818522.7859
1998 6015987690.0346
1999 6066566857.3229
2000 6445399583.3739
2001 6471720164.5027
2002 6502965357.4009
2003 7024720849.3453
2004 7855095380.0836
2005 8710569530.6353
2006 9839017111.198
2007 10910386062.749
2008 11953067007.059
2009 10647949563.155
2010 12363101561.247
2011 13886077279.659
2012 14949441143.601
2013 15586344042.763
2014 16313862272.838
2015 16930125461.643
2016 18395634999.15
2017 19826679964.333
2018 21059634091.643
2019 22111572547.145
2020 19908254085.216
2021 23500424068.875
2022 28089753620.538

Costa Rica | 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 Costa Rica
Records
63
Source