Greece | 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
Hellenic Republic
Records
63
Source
Greece | Exports of goods and services (% of GDP)
9.90385787 1960
9.48361416 1961
8.35003042 1962
9.07138303 1963
7.64662717 1964
7.6515725 1965
9.348094 1966
8.99497204 1967
7.98790762 1968
7.69564441 1969
7.8829343 1970
8.15685077 1971
9.1299359 1972
11.63747382 1973
14.21569177 1974
14.14164293 1975
14.04866594 1976
13.98022989 1977
13.65272881 1978
15.17378736 1979
19.32407431 1980
21.38946151 1981
17.20910151 1982
16.47614027 1983
16.80096297 1984
16.13379795 1985
17.69452328 1986
18.12407804 1987
16.31457778 1988
15.94575273 1989
14.77858859 1990
14.19963847 1991
14.87883875 1992
14.0477676 1993
14.44560977 1994
14.4252832 1995
14.28695712 1996
16.22226532 1997
16.29658373 1998
19.25607888 1999
23.71838095 2000
22.78874392 2001
20.11285473 2002
18.54458287 2003
20.70811469 2004
21.31223061 2005
21.17400899 2006
22.52026973 2007
23.36156903 2008
18.98218682 2009
21.79810215 2010
25.48977484 2011
28.74257947 2012
30.20720698 2013
32.48559818 2014
32.12716124 2015
31.28745626 2016
35.03409423 2017
38.9929061 2018
40.11076393 2019
32.06408533 2020
40.94179961 2021
49.13682964 2022
Greece | 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
Hellenic Republic
Records
63
Source