Finland | 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
Republic of Finland
Records
63
Source
Finland | Imports of goods and services (current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
2901994620.6115 1970
3116111111.1111 1971
3558591912.819 1972
4849296716.9753 1973
7338853001.418 1974
8310974624.2121 1975
8192029543.0066 1976
8555407997.6391 1977
8979061371.8412 1978
12688139215.387 1979
17233025183.296 1980
15896941306.145 1981
15153570988.035 1982
14637062339.88 1983
14340126632.37 1984
15264773599.386 1985
17894675111.424 1986
22422561882.862 1987
26449182658.138 1988
29576001108.494 1989
33514227958.327 1990
28389942655.492 1991
27792673214.76 1992
23895076506.714 1993
29329538986.91 1994
37987472766.884 1995
38849339891.276 1996
38637040430.649 1997
39579439252.336 1998
38733513445.174 1999
41414786698.039 2000
39524131051.181 2001
42352247164.706 2002
52757320690.196 2003
63874383957.529 2004
74385401475.486 2005
84467899655.294 2006
100068194989.41 2007
117956059349.22 2008
86296583223.828 2009
92411731683.333 2010
109357572490.27 2011
104251607201.95 2012
106038272369.02 2013
103434414065.1 2014
84375126793.359 2015
86889680551.751 2016
95877171128.236 2017
109520540284.71 2018
106666889717.65 2019
97093522437.354 2020
116939899937.98 2021
134914485420.23 2022
Finland | 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
Republic of Finland
Records
63
Source