Dominican Republic | 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
Dominican Republic
Records
63
Source
Dominican Republic | Exports of goods and services (current US$)
172100000 1960
152100000 1961
196700000 1962
195000000 1963
202000000 1964
144800000 1965
160800000 1966
187100000 1967
199500000 1968
227400000 1969
266692194.1 1970
300134133 1971
422847716 1972
529005316.6 1973
749535909.4 1974
1039406496.9 1975
880982316 1976
966710293.2 1977
882809470 1978
1211190560 1979
1375636561 1980
1634265437.6 1981
1359153859.5 1982
1565486936.7 1983
2519773063.6 1984
1319814444.9927 1985
1404388029.885 1986
1487383601.2566 1987
1853151083.2608 1988
2050889905.3628 1989
2165302159.4548 1990
3937453795.6232 1991
4271216000 1992
4760104000 1993
5302644573.338 1994
5860800310.8003 1995
6363901907.4313 1996
7050603812.4876 1997
7435712074.8119 1998
7743619441.9376 1999
8628023506.9053 2000
8164580327.9643 2001
8337710063.1363 2002
9022076949.268 2003
9185099134.1229 2004
10136190144.586 2005
10691550324.196 2006
11766045683.706 2007
11504543541.944 2008
10149752806.819 2009
12213202600.278 2010
14035647012.012 2011
14917449840.987 2012
15775318534.114 2013
16896693029.13 2014
16909888897.002 2015
18100511576.781 2016
18945253597.408 2017
20149518936.511 2018
20518136086.857 2019
14425179542.837 2020
20500491675.128 2021
25049444739.849 2022
Dominican Republic | 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
Dominican Republic
Records
63
Source