Mali | Exports of goods and services (% of GDP)

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. 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 Mali
Records
63
Source
Mali | Exports of goods and services (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967 11.36164061
1968 10.22256998
1969 11.20363207
1970 12.46955562
1971 13.41591101
1972 10.0292728
1973 10.18791935
1974 12.72372531
1975 9.66118501
1976 11.00570802
1977 12.75569507
1978 11.59798482
1979 11.99242118
1980 14.80687435
1981 13.29978495
1982 14.25504314
1983 15.92609488
1984 19.06437243
1985 17.01653806
1986 14.49123888
1987 15.56172645
1988 14.58072076
1989 15.81019386
1990 15.65359181
1991 16.21126857
1992 15.62910335
1993 15.85350477
1994 19.44277535
1995 19.56106766
1996 18.87147761
1997 23.82655929
1998 21.25395252
1999 20.25098892
2000 22.47859046
2001 26.31243707
2002 28.08745381
2003 25.76934039
2004 23.67718471
2005 22.98886934
2006 28.4289451
2007 24.15211115
2008 25.14419
2009 21.71331369
2010 22.83717018
2011 22.72617792
2012 27.85634001
2013 24.94054026
2014 22.55548696
2015 24.04370851
2016 23.44291297
2017 22.21409394
2018 24.5223744
2019 25.70529113
2020 30.65663005
2021 27.86714592
2022 29.06253344

Mali | Exports of goods and services (% of GDP)

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. 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 Mali
Records
63
Source