Costa Rica | 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 Costa Rica
Records
63
Source
Costa Rica | Imports of goods and services (current US$)
132338590.91958 1960
122861638.37836 1961
124825190.59864 1962
138870092.17906 1963
155005187.89191 1964
196800000 1965
199200000 1966
218369811.32076 1967
251154716.98113 1968
272754716.98113 1969
340543396.22641 1970
399678048.02807 1971
453262999.24642 1972
563763567.14055 1973
801954602.77427 1974
755869311.55192 1975
842240373.39557 1976
1116359393.2322 1977
1269463243.874 1978
1500945157.5262 1979
1778891481.9137 1980
1264048112.4835 1981
1099079476.9285 1982
1157473273.5184 1983
1243520405.0023 1984
1272805940.5941 1985
1347578853.0466 1986
1621277680.4206 1987
1652553107.2701 1988
2033817038.5896 1989
2347212147.695 1990
2737000652.6178 1991
3495369452.9759 1992
4150830308.5452 1993
4416263838.4629 1994
4821924110.6719 1995
5143782042.7519 1996
5803238051.5907 1997
6578730704.1487 1998
6411945482.7079 1999
6545131998.118 2000
6445457524.5538 2001
6828718281.6408 2002
7367441232.1276 2003
8011642171.1232 2004
9170225548.4641 2005
10562844259.169 2006
12333210658.41 2007
14660106511.608 2008
10800050971.069 2009
13061016238.534 2010
15465815787.567 2011
16718693908.271 2012
17055279990.539 2013
17596280793.74 2014
17360351863.906 2015
18194546245.82 2016
19552292622.889 2017
20727758848.597 2018
20249829012.559 2019
17616395250.439 2020
22479844457.554 2021
27069161692.78 2022
Costa Rica | 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 Costa Rica
Records
63
Source