Early-demographic dividend | 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
Early-demographic dividend
Records
63
Source
Early-demographic dividend | Imports of goods and services (current US$)
1960
1961
1962
1963
1964
1965
1966
26731440033.16 1967
28220494500.516 1968
30538768535.918 1969
34631011393.865 1970
37549259812.293 1971
41485768117.698 1972
57890695368.907 1973
93562141606.455 1974
121092718398.42 1975
131607315349.98 1976
159605552229.47 1977
179887154961.22 1978
207848449509.95 1979
273594921341.35 1980
312465268860.71 1981
297003713660.46 1982
290508545670.58 1983
276075169547.68 1984
254609330955.26 1985
242451302463.37 1986
255762125663.89 1987
290539088449.38 1988
315417623375.22 1989
364111277146.56 1990
402708297062.75 1991
458731067405.5 1992
491375417964.4 1993
519284669396.97 1994
582424043144.58 1995
647853965870.83 1996
710623447412.51 1997
695786071074.85 1998
700177456099.96 1999
803058233210.44 2000
780745391375.26 2001
801864032654.51 2002
892151430710.18 2003
1129948243751.6 2004
1354790010366 2005
1597657852363.1 2006
1934126599850.6 2007
2305342215197.7 2008
1989190579087.9 2009
2420291709645.9 2010
2801563804452.1 2011
2985079273289.8 2012
3004701194358.2 2013
3075743022479.5 2014
2723307947984.5 2015
2643191872014.6 2016
2964407133000.3 2017
3199334479885.6 2018
3097855884824.8 2019
2623902926518 2020
3448857875078.9 2021
4213504432993 2022

Early-demographic dividend | 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
Early-demographic dividend
Records
63
Source