Indonesia | Imports of goods and services (constant 2015 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 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 Indonesia
Records
63
Source
Indonesia | Imports of goods and services (constant 2015 US$)
1960 3014627639.4195
1961 4060518861.2198
1962 3980538944.2744
1963 2922343119.8376
1964 3180739774.6286
1965 2922343119.8376
1966 2799297093.7604
1967 3586791660.7698
1968 3832883712.9242
1969 4589616773.4382
1970 5149476192.2479
1971 5660117200.5115
1972 7198192526.7165
1973 8736267853.0176
1974 11083027551.305
1975 11956919957.518
1976 12925107744.563
1977 15792484196.205
1978 18256117043.017
1979 21939613377.183
1980 25256553018.892
1981 32090976000.507
1982 34724606154.717
1983 39006413323.644
1984 36075451801.523
1985 37979274980.981
1986 39562316176.461
1987 40344197415.458
1988 32802044582.92
1989 37211703718.811
1990 45812397343.933
1991 53521499907.399
1992 57035195489.008
1993 59566272655.754
1994 71655376994.762
1995 86659302090.544
1996 92608253975.707
1997 106236462097.9
1998 100616411673.45
1999 59690446634.424
2000 75170549300.225
2001 78312573807.84
2002 74984717375.663
2003 76157278637.694
2004 96455702366.333
2005 113594866366.21
2006 123344336087.94
2007 134524585373.33
2008 147980497505.57
2009 125816785893.14
2010 147638855591.84
2011 169827326038.16
2012 183410813937.1
2013 186825733758.04
2014 190785883227.42
2015 178863652302.64
2016 174561779194.5
2017 188645329712.58
2018 211539357378.9
2019 196463073205.98
2020 161875833619.57
2021 202127126423.71
2022 231940863632.3

Indonesia | Imports of goods and services (constant 2015 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 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 Indonesia
Records
63
Source