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

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