Greece | Imports of goods and services (constant 2015 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 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 | Imports of goods and services (constant 2015 US$)
1960 2695851039.6866
1961 3033556695.7935
1962 3353489619.662
1963 3895793336.0952
1964 4675981830.9891
1965 5443970233.0889
1966 5501449768.8519
1967 5814548093.3141
1968 6466898291.0476
1969 7387168446.8986
1970 7527733189.7684
1971 8121298176.9691
1972 9282612005.4316
1973 12404623728.82
1974 10553658877.803
1975 10709464444.494
1976 11736301982.075
1977 12923388685.473
1978 13509421189.66
1979 14822964624.768
1980 16206850067.628
1981 17253784212.196
1982 16804151894.244
1983 17236834183.766
1984 16870986731.75
1985 17618455580.548
1986 20063419238.306
1987 20492792960.388
1988 21996068647.357
1989 24299509497.864
1990 26332426696.354
1991 27869403837.376
1992 28169483803.287
1993 28346415604.929
1994 28771690786.393
1995 31345319106.513
1996 34459879341.327
1997 37367532064.734
1998 44154159462.132
1999 50550449129.479
2000 60751583586.057
2001 61353894863.374
2002 59248114843.844
2003 63628590453.911
2004 66439449272.74
2005 67006911859.676
2006 75925385062.943
2007 87693379171.225
2008 88851556406.746
2009 70766786981.936
2010 68339054059.369
2011 61781989317.093
2012 58376935307.742
2013 56346805205.634
2014 60147971959.631
2015 64870128721.443
2016 66268609806.38
2017 71155342834.284
2018 76918531132.086
2019 79149830344.932
2020 73385427130.515
2021 86490185669.193
2022 92733402500.098

Greece | Imports of goods and services (constant 2015 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 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