East Asia & Pacific (IDA & IBRD countries) | Exports of goods and services (% of GDP)
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. 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
East Asia & Pacific (IDA & IBRD countries)
Records
63
Source
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East Asia & Pacific (IDA & IBRD countries) | Exports of goods and services (% of GDP)
6.48921244 1960
6.18934279 1961
6.73863604 1962
6.94420988 1963
6.61841345 1964
6.36695413 1965
6.17667355 1966
6.10255631 1967
6.45984476 1968
6.15294496 1969
5.82055504 1970
6.04499582 1971
6.74280587 1972
8.80479894 1973
11.916614 1974
10.25669477 1975
11.41753889 1976
11.6996284 1977
11.32514198 1978
13.33263337 1979
14.62688271 1980
15.51114719 1981
14.86078838 1982
15.05262993 1983
16.12192862 1984
15.75054022 1985
15.37404568 1986
17.5429485 1987
18.43103965 1988
18.33246568 1989
22.28499234 1990
24.06976837 1991
24.28070765 1992
22.58764305 1993
28.41649029 1994
28.43327122 1995
27.89391532 1996
29.71039702 1997
30.47219919 1998
29.89677621 1999
33.27825034 2000
31.02744845 2001
31.82887269 2002
34.68125006 2003
38.39208384 2004
40.59101165 2005
41.67272713 2006
40.41581978 2007
37.57786406 2008
29.34878873 2009
31.24819856 2010
30.81959026 2011
29.42389691 2012
28.35066933 2013
27.33374576 2014
25.01792052 2015
23.38123427 2016
23.79713261 2017
23.3109267 2018
22.40474107 2019
21.87414668 2020
23.458578 2021
24.82429298 2022
East Asia & Pacific (IDA & IBRD countries) | Exports of goods and services (% of GDP)
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. 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
East Asia & Pacific (IDA & IBRD countries)
Records
63
Source
Create chart Download showed records Download Full dataset