Jamaica | 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
Jamaica
Records
63
Source
Jamaica | Exports of goods and services (current US$)
232383807.04648 1960
249074320.37027 1961
256777677.28893 1962
282455487.0178 1963
300429939.82802 1964
323539870.58405 1965
410759835.69607 1966
413831956.88525 1967
399239680.60826 1968
437879649.69628 1969
466800186.72008 1970
520772044.25542 1971
614624866.44255 1972
601285460.99291 1973
847330847.33085 1974
1008701008.701 1975
861520861.52086 1976
967340967.34097 1977
1072415652.3437 1978
1207857305.5648 1979
1368290408.775 1980
1405788640.5227 1981
1252876862.2784 1982
1291935636.6288 1983
1319188070.216 1984
1173217910.1127 1985
1345404286.6951 1986
1531804281.1783 1987
1670348929.791 1988
1921094525.9948 1989
2207161027.4185 1990
2061617580.2408 1991
2201691650.3704 1992
2398215527.5557 1993
3029414343.552 1994
3372676722.9191 1995
3345729493.8695 1996
3409513268.4811 1997
3377181942.5445 1998
3469205911.9572 1999
3493068625.1474 2000
3270027447.8898 2001
3184137158.7896 2002
3452736098.1754 2003
3819978691.8356 2004
3966075212.8488 2005
4787762835.5793 2006
5085113542.1957 2007
5750176380.15 2008
4179085017.2913 2009
4142694563.5877 2010
4386643486.4781 2011
4469328280.8676 2012
4361406704.1633 2013
4344148372.2141 2014
4245566251.9691 2015
4478410914.8998 2016
5132359257.0715 2017
6066399083.171 2018
6021403155.7757 2019
2020
2021
2022
Jamaica | 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
Jamaica
Records
63
Source