Italy | Exports of goods and services (current 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 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
Italian Republic
Records
63
Source
Italy | Exports of goods and services (current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
17194739776.952 1970
19424023096.13 1971
23697035192.563 1972
28263779475.257 1973
36967362310.211 1974
42652568208.778 1975
45043912537.799 1976
55073254333.992 1977
68300727812.001 1978
88125534840.364 1979
96339527470.043 1980
93313282234.713 1981
90239862562.634 1982
90083429372.769 1983
91976627727.573 1984
95474838251.699 1985
119777358098.45 1986
144899858081.86 1987
156726916096.4 1988
171957047699.69 1989
215684612152.55 1990
212306182300.61 1991
230753561665.36 1992
217241821090.19 1993
240410654418.83 1994
289818376322.36 1995
311106537834.11 1996
299911323328.79 1997
305612133377.94 1998
290576914388.96 1999
293867282501.65 2000
299586464835.35 2001
311627059267.45 2002
367620453604.67 2003
433747867067.61 2004
457141717037.82 2005
510265693771.41 2006
605527905412.94 2007
647031659500.39 2008
492765610867.3 2009
535606767650 2010
616721503899.81 2011
592262781313.01 2012
613302332503.14 2013
629335664494.08 2014
545774938462.89 2015
550505533785.41 2016
602933211569.65 2017
655895167113.49 2018
635620162864.31 2019
558466165047.01 2020
691207511818.98 2021
750824732036.97 2022
Italy | Exports of goods and services (current 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 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
Italian Republic
Records
63
Source