Malta | 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 Malta
Records
63
Source
Malta | Imports of goods and services (current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
178912116.21677 1970
182399240.7466 1971
199083145.81458 1972
262352694.68048 1973
380157924.04499 1974
409750864.66585 1975
456620115.11663 1976
565700620.10776 1977
639163194.83124 1978
847294011.97605 1979
1080289709.1723 1980
1001867673.1794 1981
945154375 1982
858687779.21175 1983
842635347.79775 1984
884790812.59151 1985
1059441664.846 1986
1374164264.4135 1987
1613825872.5834 1988
1747152500.6159 1989
2258063352.6948 1990
2416347144.7543 1991
2680610176.336 1992
2549153958.4503 1993
2870834261.0474 1994
4566026264.5914 1995
4442115292.9967 1996
4322433544.6558 1997
4589015360.8133 1998
4840292724.9247 1999
5224306697.0138 2000
4613063207.7809 2001
4940016154.0462 2002
6013495698.7386 2003
6678629805.7599 2004
7315905766.1195 2005
8841301739.5285 2006
10546509379.96 2007
13664973117.208 2008
12864369743.604 2009
13634151264.083 2010
15336863331.521 2011
15096877214.257 2012
15653107005.945 2013
16023781615.106 2014
16066236197.06 2015
16943113264.841 2016
18712852346.508 2017
21873184228.937 2018
23296777779.542 2019
24304808345.465 2020
26925429527.232 2021
27633210085.401 2022
Malta | 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 Malta
Records
63
Source