Middle East & North Africa (IDA & IBRD countries) | Imports of goods and services (% of GDP)

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. 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
Middle East & North Africa (IDA & IBRD countries)
Records
63
Source
Middle East & North Africa (IDA & IBRD countries) | Imports of goods and services (% of GDP)
1960
1961
1962
1963
1964
1965 17.3038855
1966 18.09758114
1967 17.99040711
1968 18.27731675
1969 18.92353984
1970 20.18394678
1971 20.29408226
1972 20.08990506
1973 21.43700158
1974 26.77882846
1975 35.0260029
1976 29.72760194
1977 31.98943318
1978 27.60955386
1979 25.46713295
1980 30.16085069
1981 35.07033708
1982 31.08037689
1983 26.24542796
1984 22.6403666
1985 20.80912347
1986 16.78350321
1987 17.81451264
1988 21.02423437
1989 23.5960611
1990 19.06611899
1991 30.13642268
1992 29.83639546
1993 31.57278203
1994 29.26916945
1995 27.98020401
1996 26.70872579
1997 27.00254799
1998 27.30523696
1999 27.37654831
2000 27.6141059
2001 28.85772166
2002 30.20684981
2003 30.95910272
2004 34.2478461
2005 34.15989224
2006 31.49493599
2007 31.8610685
2008 33.63995911
2009 32.45935946
2010 30.08170284
2011 27.04055185
2012 29.27068987
2013 30.55032393
2014 30.82973437
2015 29.5450674
2016 27.17391756
2017 29.72896359
2018 32.29411334
2019 32.12144452
2020 28.59999107
2021 28.2143867
2022 30.96471993

Middle East & North Africa (IDA & IBRD countries) | Imports of goods and services (% of GDP)

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. 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
Middle East & North Africa (IDA & IBRD countries)
Records
63
Source