Honduras | 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 Honduras
Records
63
Source
Honduras | Imports of goods and services (current US$)
77300000 1960
78100000 1961
85600000 1962
101400000 1963
113100000 1964
136400000 1965
165400000 1966
182700000 1967
204500000 1968
206200000 1969
246600000 1970
223000000 1971
226498980.75459 1972
301999849.00007 1973
456000000 1974
446000000 1975
514500000 1976
655500050 1977
1234878272.6 1978
1479471525.3 1979
1795536832.4 1980
1688328750.85 1981
1293644183.95 1982
1428646953.3 1983
1688328750.85 1984
1726447179.85 1985
1712152768.95 1986
1703417295.65 1987
1824122245.8369 1988
1943711271.5172 1989
1934349590.6128 1990
1896551789.6439 1991
2118269211.8809 1992
2344007289.6364 1993
2590593425.9347 1994
2888355828.9885 1995
3165076342.9054 1996
3548150098.8593 1997
4090622570.1625 1998
4310374703.8328 1999
4773363655.5064 2000
4939695318.6458 2001
5128837532.848 2002
5609361468.0819 2003
6832799506.8569 2004
7560116527.1956 2005
8414884874.5142 2006
10082042434.282 2007
11719468689.771 2008
8369540251.1762 2009
10086959052.876 2010
12567072763.951 2011
13022871719.93 2012
12647258280.637 2013
12923231435.147 2014
13027957170.54 2015
12401102552.229 2016
13585432742.524 2017
14945193703.413 2018
14579530832.091 2019
12038985137.061 2020
17883535404.91 2021
21934814334.175 2022

Honduras | 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 Honduras
Records
63
Source