Cote d'Ivoire | 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
Cote d'Ivoire
Records
63
Source
Cote d'Ivoire | Imports of goods and services (% of GDP)
1960 22.9045205
1961 28.10353653
1962 25.74692896
1963 23.51986591
1964 24.72276998
1965 30.12421965
1966 28.69635519
1967 28.79128767
1968 27.99496361
1969 27.06979362
1970 29.10763118
1971 28.42732647
1972 29.00665084
1973 33.23197974
1974 38.37618374
1975 36.58478424
1976 36.2477536
1977 36.33056219
1978 37.43549421
1979 37.66260588
1980 41.17866036
1981 42.28419538
1982 39.32679298
1983 35.72031705
1984 31.79127049
1985 32.39760073
1986 30.18144875
1987 29.62025808
1988 27.89014302
1989 29.05520841
1990 27.11162094
1991 26.98609497
1992 28.11557841
1993 25.90606897
1994 29.30925615
1995 34.44304424
1996 24.74948551
1997 25.8443393
1998 26.46938005
1999 27.15606106
2000 27.17393307
2001 25.64429009
2002 24.54078679
2003 24.51904727
2004 27.97700744
2005 30.94195582
2006 30.84944683
2007 30.93998962
2008 30.92695223
2009 31.26016244
2010 33.97336549
2011 29.43452671
2012 35.31859892
2013 29.1922766
2014 25.5234588
2015 25.35962095
2016 22.62371591
2017 23.16372087
2018 23.34330879
2019 21.50403621
2020 20.1009581
2021 22.53457119
2022 27.49184412

Cote d'Ivoire | 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
Cote d'Ivoire
Records
63
Source