Denmark | 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
Kingdom of Denmark
Records
63
Source
Denmark | Imports of goods and services (current US$)
1960
1961
1962
1963
1964
1965
3533468958.7987 1966
3762160847.0403 1967
3829653733.3333 1968
4438459866.6667 1969
5119854666.6667 1970
5506203762.3042 1971
6229703998.9639 1972
9178240681.048 1973
11616217493.314 1974
12275876057.22 1975
14607323076.923 1976
15893622567.964 1977
17888293983.244 1978
22246206424.634 1979
23438722475.558 1980
21452392256.507 1981
21123371537.612 1982
20444406670.312 1983
20459800030.898 1984
22341632158.091 1985
28623980348.535 1986
32440355247.577 1987
34827127089.059 1988
35549320948.811 1989
42672845231.555 1990
43805725631.205 1991
45947463428.373 1992
41582170915.653 1993
48298831242.336 1994
59022089997.144 1995
58923841378.24 1996
57971294571.883 1997
60376476838.586 1998
59349185803.159 1999
62604702032.636 2000
63303119743.356 2001
69404219159.689 2002
80789964782.853 2003
96223902121.48 2004
110937740999.52 2005
131928173807.76 2006
155192880577.55 2007
178985961632.77 2008
136941845585.63 2009
140316041482.38 2010
163145712202.19 2011
159028659872.57 2012
165680936172.1 2013
168204207894.33 2014
147190077810.46 2015
146359303724.49 2016
159092675577.84 2017
179902184182.31 2018
178715893807.33 2019
172542692797.8 2020
210995343903.14 2021
235767606238.26 2022
Denmark | 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
Kingdom of Denmark
Records
63
Source