Early-demographic dividend | 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
Early-demographic dividend
Records
63
Source
Early-demographic dividend | Exports of goods and services (current US$)
1960
1961
1962
1963
1964
1965
1966
24667184917.592 1967
26587678886.86 1968
28493598383.753 1969
32107345627.164 1970
36785517501.578 1971
45228284616.565 1972
74826474190.551 1973
134225347764.24 1974
139219179232.67 1975
156736747226.75 1976
174521869344.57 1977
173449110869.77 1978
242767516821.18 1979
326727862039.48 1980
347427869823.37 1981
302194639130.83 1982
275205453608.4 1983
267912815559.29 1984
248793247677.82 1985
213280147234.68 1986
249817312933.53 1987
275818296372.53 1988
305909721040.8 1989
371246411471.88 1990
386839599736.94 1991
418528998411.95 1992
434403165532.63 1993
489796730455.86 1994
564886765405.75 1995
639141588054.07 1996
683660047203.06 1997
641261579898.87 1998
694714628960.18 1999
853877552103.54 2000
810451368159.92 2001
851741468538.35 2002
968244527395.65 2003
1208428132522.4 2004
1490537818112.5 2005
1753559664679.2 2006
2025944602614.3 2007
2395249149662.2 2008
1909804165113.9 2009
2447560717779.9 2010
2843187369171.7 2011
2928158437369.6 2012
2912949626354.5 2013
2832103684605.8 2014
2399783016002.7 2015
2383715664883.2 2016
2683737032883.1 2017
2972517250202.2 2018
2917262300963.4 2019
2480857984560.6 2020
3299891445314.9 2021
4039577217201 2022
Early-demographic dividend | 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
Early-demographic dividend
Records
63
Source