Guatemala | Imports of goods and services (current 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 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 | Imports of goods and services (current US$)
151700000 1960
145300000 1961
153500000 1962
201200000 1963
235000000 1964
261100000 1965
266100000 1966
283600000 1967
296600000 1968
299000000 1969
338500000 1970
371100000 1971
389500000 1972
519100000 1973
811400000 1974
858000000 1975
1204100000 1976
1439000100 1977
1655000100 1978
1784400000 1979
1963300000 1980
2031500000 1981
1628999900 1982
1316999900 1983
1434800000 1984
1262260869.5652 1985
1055296757.9909 1986
1579400000 1987
1720152709.9237 1988
1890234375 1989
1900459186.6079 1990
2028682330.857 1991
2849942850.291 1992
2972656774.7277 1993
3226456526.2108 1994
3726925962.8954 1995
3539822366.6929 1996
4197706680.7395 1997
5091730420.3678 1998
5011108418.0737 1999
5584251720.2082 2000
7731202010.3344 2001
8255070815.8073 2002
8807734236.6734 2003
10090013799.793 2004
11154959729.859 2005
12662747619.87 2006
14441173645.668 2007
15422428184.128 2008
12501436111.133 2009
15009546895.785 2010
17803200264.905 2011
18197166630.179 2012
18382911953.879 2013
19287280918.72 2014
18695335942.149 2015
18243717678.186 2016
19758074202.848 2017
21149627997.258 2018
21534755007.927 2019
19272211289.038 2020
27347177475.451 2021
33872884101.223 2022
Guatemala | Imports of goods and services (current 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 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