Indonesia | Exports of goods and services (% of GDP)
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. 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 Indonesia
Records
63
Source
Indonesia | Exports of goods and services (% of GDP)
1960 11.53254741
1961 11.06147628
1962 5.1681522
1963 9.06881077
1964 12.25205019
1965 5.27625474
1966 12.75720165
1967 8.77565464
1968 10.86946153
1969 9.01398087
1970 12.84431138
1971 14.41993464
1972 16.51621385
1973 20.05360263
1974 28.99794546
1975 22.54775559
1976 22.17409014
1977 23.49098139
1978 21.86714148
1979 30.06582275
1980 30.47417027
1981 27.63044404
1982 22.37903429
1983 27.74540826
1984 27.31497861
1985 23.7776708
1986 20.49560246
1987 24.5768001
1988 25.0416594
1989 26.08755466
1990 27.30575898
1991 28.35126107
1992 30.30746351
1993 26.75481342
1994 26.51142785
1995 26.31216501
1996 25.82455198
1997 27.85924328
1998 52.96813457
1999 35.51412908
2000 40.97730847
2001 39.0321391
2002 32.68762089
2003 30.47765478
2004 32.21669462
2005 34.06726763
2006 31.03471631
2007 29.43571849
2008 29.80828417
2009 24.15911967
2010 24.29903094
2011 26.32735309
2012 24.59437879
2013 23.92357638
2014 23.6659846
2015 21.16017926
2016 19.08899385
2017 20.17730444
2018 21.0027465
2019 18.5915278
2020 17.33116828
2021 21.40812311
2022 24.49244937
Indonesia | Exports of goods and services (% of GDP)
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. 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 Indonesia
Records
63
Source