Kenya | Imports of goods and services (current 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 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
Republic of Kenya
Records
63
Source
Kenya | Imports of goods and services (current US$)
266419907.43204 1960
246847901.26084 1961
261519895.39204 1962
268365892.65364 1963
291759883.29605 1964
306319877.47205 1965
359519856.19206 1966
362039855.18406 1967
396479841.40806 1968
409639836.14407 1969
491679803.32808 1970
625800029.67999 1971
605359757.8561 1972
719305941.04547 1973
1214639514.1442 1974
1124851546.1871 1975
1103363094.58 1976
1419913415.7291 1977
2051910223.6233 1978
1970754653.7541 1979
2608236153.6171 1980
2318209962.5775 1981
2029695252.6133 1982
1686897646.6018 1983
1984603543.4607 1984
1849498186.9956 1985
2163994299.9217 1986
2104101026.0299 1987
2306399997.7461 1988
2495151393.3647 1989
2685575018.0659 1990
2327744590.3021 1991
2189413217.6183 1992
1953010595.4634 1993
2446514204.3592 1994
3541999889.4416 1995
3868109121.2206 1996
4114510959.8299 1997
4048921325.8303 1998
3528289113.006 1999
4030324231.8906 2000
4287364071.6825 2001
3980437856.7071 2002
4478129486.2087 2003
5290013363.0064 2004
6739990276.3727 2005
8329126840.2093 2006
10218887779.719 2007
12529038544.105 2008
11505843417.106 2009
13744246852.631 2010
17272679878.803 2011
17910885230.478 2012
18299434694.932 2013
20279300677.813 2014
17669406544.835 2015
16171498982.472 2016
19080378151.031 2017
20167352977.161 2018
20408411705.869 2019
17711643822.619 2020
21847594150.215 2021
24401529536.133 2022
Kenya | Imports of goods and services (current 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 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
Republic of Kenya
Records
63
Source