Honduras | 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
Republic of Honduras
Records
63
Source
Honduras | Exports of goods and services (constant 2015 US$)
1113091526.3923 1960
1126313701.5622 1961
1163012040.2769 1962
1207535720.4631 1963
1315741681.7692 1964
1797945979.2468 1965
2093151091.2473 1966
2250737826.5464 1967
2534609818.2152 1968
2382959743.4629 1969
2593165248.6261 1970
2935862418.9123 1971
2941259226.5238 1972
3240781788.0918 1973
2919672004.7735 1974
3033004929.8322 1975
3065385766.8055 1976
3057290381.475 1977
3797679533.7843 1978
4175229487.1389 1979
4051227169.3802 1980
4213900858.1146 1981
3784077529.7309 1982
3811281537.9247 1983
3794959132.9911 1984
3895880566.6319 1985
4154052040.2274 1986
4254706870.2749 1987
4216621258.9079 1988
4431532923.0563 1989
4453296129.5766 1990
4363522902.0066 1991
4711734210.5046 1992
4660046589.7799 1993
4189417247.7576 1994
4757981023.5558 1995
5141557538.4535 1996
5209567556.1119 1997
5291179575.5629 1998
4700852603.8532 1999
5005537494.4411 2000
5203798643.6278 2001
5724721117.4515 2002
6224373996.0598 2003
7046105589.7878 2004
7420001769.2935 2005
7535280192.7483 2006
7726445679.7536 2007
7792871860.3956 2008
6554044026.2338 2009
7582028084.7671 2010
8216055065.9361 2011
9025238815.8799 2012
8909621261.5121 2013
9208847770.4886 2014
9475891625.3801 2015
9559917830.8446 2016
10025509791.849 2017
10162649115.701 2018
10408432071.042 2019
8240463796.0136 2020
10096431631.006 2021
10794736963.701 2022
Honduras | 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
Republic of Honduras
Records
63
Source