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

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