Malta | 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
Republic of Malta
Records
63
Source
Malta | Exports of goods and services (current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970 110771069.44158
1971 120412316.77739
1972 137305918.09181
1973 200096030.72983
1974 280721795.30014
1975 349757335.71349
1976 398139351.7116
1977 481215004.57456
1978 583776094.46363
1979 794924550.8982
1980 1011865523.2414
1981 901957038.18828
1982 760449062.5
1983 697201131.73831
1984 687744389.60797
1985 721004117.86237
1986 923257046.10007
1987 1218522365.8052
1988 1421810951.0834
1989 1528217541.2663
1990 1931606510.874
1991 2127761088.9774
1992 2470701036.4787
1993 2297713307.1308
1994 2577626150.1761
1995 4384484435.7977
1996 4091353025.2501
1997 4100767434.1008
1998 4331196817.3279
1999 4640766250.5381
2000 4893557071.6459
2001 4441806871.8618
2002 5069588791.3155
2003 5858257346.5163
2004 6288802702.6231
2005 6645853407.8704
2006 8364566054.17
2007 10243091859.633
2008 13498804345.182
2009 12785572756.247
2010 13639282423.308
2011 15478481458.988
2012 15434046809.406
2013 16456699273.549
2014 17416976749.503
2015 17149447462.321
2016 18412285257.925
2017 21318655585.599
2018 24755306920.649
2019 26218369224.741
2020 26504877518.939
2021 30104697116.657
2022 29959867378.745

Malta | 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
Republic of Malta
Records
63
Source