Morocco | Imports of goods and services (constant 2015 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 constant 2015 prices, expressed in U.S. dollars. Development relevance: An economy's growth is measured by the change in the volume of its output or in the real incomes of its residents. The 2008 United Nations System of National Accounts (2008 SNA) offers three plausible indicators for calculating growth: the volume of gross domestic product (GDP), real gross domestic income, and real gross national income. The volume of GDP is the sum of value added, measured at constant prices, by households, government, and industries operating in the economy. GDP accounts for all domestic production, regardless of whether the income accrues to domestic or foreign institutions. 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 | Imports of goods and services (constant 2015 US$)
1960 2999033796.2105
1961 3117651723.2942
1962 3172931673.9246
1963 3305378806.8404
1964 2961031121.1196
1965 2486519629.3704
1966 2711192776.1391
1967 3149719088.7111
1968 3221908282.998
1969 3408812068.1654
1970 4078721174.6981
1971 3831658382.6855
1972 3773199114.8988
1973 4386169737.9329
1974 5185798277.464
1975 6776860516.1596
1976 8557790789.9728
1977 10528648801.178
1978 8527005769.0177
1979 8833880649.5489
1980 7742213065.4034
1981 8301054372.3401
1982 8422851573.1366
1983 7999126167.8814
1984 8615729995.2355
1985 8891160903.3152
1986 8706316276.4089
1987 9464932666.1819
1988 9878679092.0899
1989 10669879217.104
1990 11648986835.792
1991 12217416760.592
1992 13462874817.798
1993 12749484947.029
1994 12689305729.932
1995 13850531737.075
1996 13051582456.682
1997 14304322671.029
1998 15460085379.364
1999 16564373871.219
2000 17820465010.404
2001 18063554469.994
2002 19245974224.116
2003 20612453360.488
2004 22627617725.909
2005 24808044502.141
2006 26852242906.122
2007 30884658699.484
2008 35161565837.449
2009 32220606379.783
2010 34742846504.672
2011 37895821883.051
2012 39165189707.671
2013 39137214367.807
2014 40635611370.779
2015 41176430827.742
2016 47286721222.144
2017 49485179223.199
2018 51860169380.13
2019 52964819577.927
2020 46668725322.649
2021 51524033452.502
2022 56168900772.185

Morocco | Imports of goods and services (constant 2015 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 constant 2015 prices, expressed in U.S. dollars. Development relevance: An economy's growth is measured by the change in the volume of its output or in the real incomes of its residents. The 2008 United Nations System of National Accounts (2008 SNA) offers three plausible indicators for calculating growth: the volume of gross domestic product (GDP), real gross domestic income, and real gross national income. The volume of GDP is the sum of value added, measured at constant prices, by households, government, and industries operating in the economy. GDP accounts for all domestic production, regardless of whether the income accrues to domestic or foreign institutions. 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