Greece | 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
Hellenic Republic
Records
63
Source
Greece | Exports of goods and services (constant 2015 US$)
1960 1972008602.1867
1961 2167265340.633
1962 2068359811.1214
1963 2389501882.1381
1964 2236468988.16
1965 2597850761.7425
1966 3406293446.2013
1967 3509075724.704
1968 3443897500.8955
1969 3775591927.1123
1970 4210971997.2273
1971 4986530383.8773
1972 6152152450.8941
1973 7960965797.6836
1974 7970138140.7504
1975 8792657770.009
1976 10051688617.775
1977 10686346633.906
1978 11973974066.914
1979 14225675002.793
1980 15800630770.061
1981 17128976216.643
1982 14308842979.561
1983 13472288012.236
1984 14946779606.284
1985 15220474246.143
1986 17784964618.096
1987 18840899131.232
1988 18440935267.343
1989 18799233593.651
1990 18147131815.854
1991 18895390637.83
1992 20788929717.486
1993 20249071811.269
1994 21744270244.394
1995 22396387555.372
1996 23311162071.973
1997 28696714343.296
1998 29992196018.057
1999 37323750686.07
2000 45603334191.041
2001 45658145237.351
2002 42313867015.61
2003 42003211172.825
2004 49795063906.207
2005 51457958555.673
2006 54140329124.689
2007 59889140354.455
2008 61968972196.011
2009 50492730049.883
2010 52947278789.504
2011 53285582584.01
2012 54331413872.764
2013 55302520577.848
2014 59863506168.63
2015 62867562248.077
2016 62606905494.195
2017 67935678443.341
2018 74129804876.4
2019 77751979463.318
2020 61019238037.739
2021 75773374030.337
2022 80507048645.467

Greece | 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
Hellenic Republic
Records
63
Source