Guatemala | Exports of goods and services (current 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 current U.S. dollars. 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
Republic of Guatemala
Records
63
Source
Guatemala | Exports of goods and services (current US$)
131900000 1960
128700000 1961
134800000 1962
180400000 1963
199900000 1964
223500000 1965
263400000 1966
235600000 1967
269500000 1968
305400000 1969
353600000 1970
343100000 1971
397300000 1972
536500000 1973
708400000 1974
792000000 1975
941700000 1976
1340300000 1977
1303700000 1978
1473600000 1979
1748000000 1980
1471000100 1981
1288999900 1982
1176000000 1983
1231300000 1984
1161565304.3478 1985
1160867534.2466 1986
1122800040 1987
1262786259.542 1988
1455681818.1818 1989
1608646743.761 1990
1688646378.5177 1991
1886230498.0244 1992
2018148609.0603 1993
2274655328.5131 1994
2822490792.6892 1995
2791706609.5351 1996
3194396325.6757 1997
3524472507.1938 1998
3481400349.3426 1999
3895405852.1795 2000
5275589192.6201 2001
5463975082.1433 2002
5648926179.6522 2003
6464755962.8797 2004
6817685366.83 2005
7537142602.3439 2006
8721101392.5683 2007
9673807861.5582 2008
9046835388.5993 2009
10667621566.808 2010
12688259461.47 2011
12530944105.556 2012
11658240604.907 2013
12579582120.715 2014
12331439231.386 2015
12387053734.788 2016
13252394991.303 2017
13323270230.139 2018
13591570112.274 2019
12702168241.244 2020
15241812034.772 2021
18065395862.598 2022
Guatemala | Exports of goods and services (current 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 current U.S. dollars. 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
Republic of Guatemala
Records
63
Source