Spain | 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 Spain
Records
63
Source
Spain | Imports of goods and services (current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
5612317565.9615 1970
6005008383.2335 1971
8184905513.8493 1972
11627327241.576 1973
18006241707.528 1974
19179420289.855 1975
20751355384.233 1976
21074990142.388 1977
22236108940.972 1978
30327211204.759 1979
40198398700.395 1980
38729690034.24 1981
38319943964.865 1982
35375280742.459 1983
34830824880.977 1984
36162100782.779 1985
43101606273.019 1986
59271552351.435 1987
73015349235.824 1988
86194007027.407 1989
106699693111.33 1990
113804595676.54 1991
124860130017.88 1992
101029836579.95 1993
113186748230.03 1994
141042167066.99 1995
149163273348.22 1996
150448863636.36 1997
164460407617.77 1998
179583331467.18 1999
188597988059.61 2000
189199946437.8 2001
202315899879.61 2002
252598296012.16 2003
311225603516.22 2004
343611512778.21 2005
389914914257.65 2006
468185448712.94 2007
495423979648.44 2008
356956901753.52 2009
383635889000 2010
433229369007.78 2011
389343643913.67 2012
393448328527.45 2013
416625816965.49 2014
365693229724.22 2015
368554460451.36 2016
414020243408.24 2017
461056450172.55 2018
445722134501.96 2019
375005826490.27 2020
480171276565.88 2021
562334291054.48 2022
Spain | 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 Spain
Records
63
Source