Madagascar | Exports of goods and services (constant 2015 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 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 Madagascar
Records
63
Source
Madagascar | Exports of goods and services (constant 2015 US$)
618643681.52857 1960
1078409760.4031 1961
1061558501.5987 1962
977309676.014 1963
1059154422.8162 1964
1179509882.7589 1965
1218028144.1242 1966
1263762449.2287 1967
1403377033.2138 1968
1453927074.4709 1969
1367270402.6056 1970
1095261043.8937 1971
1080817631.3178 1972
1128959805.4621 1973
1196361128.2829 1974
1405784902.2536 1975
1078409762.3301 1976
1136183410.6546 1977
1256542643.7201 1978
1362454666.4529 1979
921236935.48145 1980
712551324.31685 1981
682014611.9459 1982
651743668.40196 1983
870617928.53253 1984
877475851.95415 1985
848421983.5386 1986
881752929.33087 1987
835426136.65455 1988
1162727184.7576 1989
1057392093.1348 1990
1080158723.4949 1991
1085717557.1092 1992
1144710287.1823 1993
1259722786.1075 1994
1303404354.3451 1995
1357922175.5587 1996
1307566391.5918 1997
1249476035.2534 1998
1442930305.6708 1999
1636188731.5422 2000
1793376547.869 2001
970715122.31024 2002
1349766252.4683 2003
1481852429.8244 2004
1509003149.0956 2005
1770693443.9058 2006
2312470318.6085 2007
2604202227.3421 2008
1963738369.9139 2009
2075376729.5763 2010
2209148582.8134 2011
2099541568.6595 2012
2321723075.2651 2013
3235447339.446 2014
3214678738.4974 2015
3183170975.9806 2016
4628202344.313 2017
4741560801.5304 2018
5258968972.4783 2019
3332307453.1236 2020
5165304776.5452 2021
6583331764.6114 2022
Madagascar | Exports of goods and services (constant 2015 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 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 Madagascar
Records
63
Source