France | Imports of goods and services (% of GDP)
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. 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
French Republic
Records
63
Source
France | Imports of goods and services (% of GDP)
12.37989495 1960
12.2639094 1961
11.96007451 1962
12.23155783 1963
12.91074836 1964
12.38517704 1965
12.9898824 1966
13.11742699 1967
13.38922842 1968
14.69572647 1969
15.43779535 1970
15.52727688 1971
15.84732278 1972
16.88125017 1973
21.72538306 1974
17.85853584 1975
20.26469855 1976
20.40240281 1977
19.19561925 1978
20.31767158 1979
22.52030901 1980
23.4410816 1981
23.85369009 1982
22.70350124 1983
23.70634909 1984
23.69217449 1985
20.50452003 1986
20.69538764 1987
21.02549137 1988
22.3436273 1989
21.76032181 1990
21.64879707 1991
20.66105326 1992
19.11254431 1993
20.16591701 1994
21.02320252 1995
21.27367508 1996
22.51030147 1997
23.38027481 1998
23.68438521 1999
27.26627147 2000
26.69347289 2001
25.5409745 2002
24.68586455 2003
25.45617156 2004
26.94765573 2005
28.16836936 2006
28.56749907 2007
29.27769803 2008
25.62690364 2009
28.07949124 2010
30.36923895 2011
30.49903198 2012
30.39931721 2013
30.81211202 2014
31.15907156 2015
30.8526052 2016
32.01321411 2017
32.72428539 2018
32.54941778 2019
29.4544212 2020
31.91731965 2021
38.56345288 2022
France | Imports of goods and services (% of GDP)
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. 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
French Republic
Records
63
Source