Egypt, Arab Rep. | 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
Arab Republic of Egypt
Records
63
Source
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Egypt, Arab Rep. | Exports of goods and services (% of GDP)
19.86619334 1960
17.64630718 1961
15.05238008 1962
17.75885746 1963
18.3980464 1964
17.13087619 1965
16.33337423 1966
16.82578507 1967
11.79992123 1968
13.45283159 1969
13.56821589 1970
13.24169802 1971
12.7102388 1972
13.53515136 1973
20.36741034 1974
18.16794181 1975
17.16731796 1976
21.58613381 1977
19.903171 1978
26.49273846 1979
30.51463829 1980
30.96143632 1981
26.33327396 1982
22.93233083 1983
20.56962025 1984
18.230563 1985
13.83219955 1986
12.62135922 1987
17.37012987 1988
17.79220779 1989
20.35490605 1990
27.46666667 1991
28.39683681 1992
25.83762887 1993
22.57142857 1994
22.54901961 1995
20.74978204 1996
18.8416698 1997
16.21433542 1998
15.0520156 1999
16.20111732 2000
17.47978812 2001
18.31617841 2002
21.79640719 2003
28.22996085 2004
30.34354689 2005
29.94981383 2006
30.24973147 2007
33.04299274 2008
24.95682211 2009
21.34924581 2010
20.56742761 2011
16.39696662 2012
17.01784562 2013
14.24413146 2014
13.18384549 2015
10.34546394 2016
15.01408682 2017
17.98465561 2018
16.64403145 2019
12.47277574 2020
10.56115022 2021
15.08702582 2022
Egypt, Arab Rep. | 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
Arab Republic of Egypt
Records
63
Source
Create chart Download showed records Download Full dataset