Gabon | Exports of goods and services (constant 2015 US$)
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. Data are in constant 2015 prices, expressed in U.S. dollars. Development relevance: An economy's growth is measured by the change in the volume of its output or in the real incomes of its residents. The 2008 United Nations System of National Accounts (2008 SNA) offers three plausible indicators for calculating growth: the volume of gross domestic product (GDP), real gross domestic income, and real gross national income. The volume of GDP is the sum of value added, measured at constant prices, by households, government, and industries operating in the economy. GDP accounts for all domestic production, regardless of whether the income accrues to domestic or foreign institutions. 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
Gabonese Republic
Records
63
Source
Gabon | Exports of goods and services (constant 2015 US$)
504385719.29384 1960
546070496.70118 1961
604429146.64295 1962
758662836.66851 1963
942075819.97429 1964
1021276871.039 1965
984340828.35908 1966
1267815533.95 1967
1342614161.3217 1968
1551298091.6887 1969
1722127289.5117 1970
1822774865.1554 1971
1939126540.6847 1972
1952051014.8207 1973
2932693527.5661 1974
3623399097.6525 1975
4223601940.4815 1976
4080474774.6684 1977
4234681182.7418 1978
3481190621.7034 1979
3730508910.3641 1980
3461183598.5375 1981
3399152404.3458 1982
3543630122.4379 1983
4375947412.6691 1984
4073643491.2253 1985
3698315505.8125 1986
3462754008.6688 1987
3576608732.0551 1988
4920879675.9911 1989
5496434934.3043 1990
5656539167.8208 1991
5800950719.7984 1992
6528440446.6238 1993
6821484408.4519 1994
7246531458.6775 1995
7422619869.0501 1996
7673352720.2824 1997
7195556274.0615 1998
6814182697.9078 1999
6050992015.0247 2000
5700896787.1362 2001
5281523635.2485 2002
5376669864.8067 2003
5448227960.5172 2004
5907127893.0428 2005
5503801066.5487 2006
5672550441.9098 2007
5327366472.7609 2008
5244265943.7247 2009
6020922632.5641 2010
6319979791.5621 2011
6089985043.7582 2012
6069122006.0159 2013
6093221515.5881 2014
6620833388.5166 2015
6402553836.1345 2016
6650914373.4726 2017
6741195233.8036 2018
7685131509.1645 2019
8456218579.9451 2020
8288840098.9378 2021
8858419392.8955 2022
Gabon | Exports of goods and services (constant 2015 US$)
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. Data are in constant 2015 prices, expressed in U.S. dollars. Development relevance: An economy's growth is measured by the change in the volume of its output or in the real incomes of its residents. The 2008 United Nations System of National Accounts (2008 SNA) offers three plausible indicators for calculating growth: the volume of gross domestic product (GDP), real gross domestic income, and real gross national income. The volume of GDP is the sum of value added, measured at constant prices, by households, government, and industries operating in the economy. GDP accounts for all domestic production, regardless of whether the income accrues to domestic or foreign institutions. 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
Gabonese Republic
Records
63
Source