Morocco | 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
Kingdom of Morocco
Records
63
Source
Morocco | Imports of goods and services (current US$)
462405814.4567 1960
501927678.94018 1961
501927678.94018 1962
533545170.52697 1963
535521283.51207 1964
497975492.49183 1965
557258289.21705 1966
614564992.7181 1967
656062950.42575 1968
687680442.01253 1969
853751316.57211 1970
859393115.8649 1971
975395583.3768 1972
1379890190.2423 1973
2163914002.7375 1974
2996086107.1238 1975
3520253831.3656 1976
4123911420.5304 1977
3980131860.6629 1978
4752055199.9495 1979
6085317298.0248 1980
6184035097.7593 1981
5968583544.9381 1982
4852572439.7556 1983
5148384842.8745 1984
5067330815.8601 1985
5526888962.5526 1986
5914964604.9724 1987
6462582987.1728 1988
7314302140.5085 1989
9074317736.3909 1990
8865788883.0823 1991
9469830979.152 1992
8739349822.5616 1993
9390609855.4819 1994
11335099531.616 1995
10902426721.078 1996
10658406549.806 1997
11452325638.54 1998
12003458114.142 1999
12579800084.698 2000
12314903925.736 2001
13353797749.75 2002
16048236121.325 2003
19968080462.633 2004
23064213861.961 2005
26592143477.016 2006
34711235492.991 2007
46189159809.427 2008
37077112112.299 2009
40097025623.138 2010
49394706345.895 2011
49324878352.936 2012
50467526991.838 2013
49749730471.191 2014
41176430827.742 2015
45062154625.716 2016
49273637902.113 2017
55299739977.256 2018
54024112942.437 2019
46174693558.82 2020
60199361761.116 2021
73711943909.156 2022
Morocco | 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
Kingdom of Morocco
Records
63
Source