Morocco | 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
Kingdom of Morocco
Records
63
Source
Morocco | Exports of goods and services (% of GDP)
1960 23.57163466
1961 21.75397217
1962 18.02026579
1963 17.92221374
1964 19.49014908
1965 18.16353887
1966 18.96125309
1967 17.90347691
1968 18.48384174
1969 18.37761784
1970 17.63698117
1971 16.9533203
1972 18.57399871
1973 20.836714
1974 27.55664878
1975 22.47287908
1976 17.91505336
1977 16.8959627
1978 16.37088878
1979 17.01013813
1980 19.33593407
1981 22.67121087
1982 21.60473912
1983 22.75469821
1984 25.6341793
1985 25.5132263
1986 21.88236768
1987 22.48125303
1988 24.99654686
1989 22.5549373
1990 24.55932051
1991 22.31876775
1992 22.17215462
1993 22.0607515
1994 20.93850146
1995 22.67322004
1996 21.83597496
1997 23.92411787
1998 21.04243571
1999 22.63466928
2000 24.19682789
2001 25.39554536
2002 25.94437981
2003 24.67648658
2004 25.34920551
2005 27.99589963
2006 29.6289668
2007 31.42777381
2008 32.47222341
2009 25.71717754
2010 29.78894868
2011 31.95448426
2012 32.09709615
2013 30.25326564
2014 30.13298664
2015 29.99585389
2016 30.73459514
2017 32.60646099
2018 33.82843737
2019 34.09305747
2020 30.79410695
2021 33.18381112
2022 44.80963916

Morocco | 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
Kingdom of Morocco
Records
63
Source