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