Sri Lanka | Exports of goods and services (current US$)
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. 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
Democratic Socialist Republic of Sri Lanka
Records
63
Source
Sri Lanka | Exports of goods and services (current US$)
422303067.22689 1960
397732379.89496 1961
398590401.83128 1962
319557568.52101 1963
322401283.94958 1964
439915966.38656 1965
391806722.68908 1966
380452674.89712 1967
371463229.31092 1968
361512605.04202 1969
584537815.12605 1970
583136593.59191 1971
570184254.60636 1972
700156250 1973
944812030.07519 1974
1042225392.2967 1975
1043162901.308 1976
1387936865.8399 1977
950352338.24471 1978
1134232498.3944 1979
1296672716.2734 1980
1345038961.039 1981
1304565112.9265 1982
1360645983.8504 1983
1740762578.6163 1984
1555117820.324 1985
1519200571.0207 1986
1683389945.6522 1987
1819710782.7727 1988
1904743411.9279 1989
2424288567.1493 1990
2586802030.4569 1991
3082683093.7714 1992
3494577814.5695 1993
3962059894.7794 1994
4638263414.6341 1995
4860502985.3447 1996
5514301315.4772 1997
5724701318.8518 1998
5555445147.2254 1999
6371581612.7776 2000
5879570277.5291 2001
5773455293.7487 2002
6543193120.5968 2003
7300256942.3856 2004
7892069651.7413 2005
8520287929.9381 2006
9418771913.8528 2007
10113919886.638 2008
8972038339.4869 2009
2010
2011
2012
2013
2014
16937417044.063 2015
17447586546.732 2016
19086839119.089 2017
20265390542.702 2018
19426213079.896 2019
13031457073.181 2020
14993955151.906 2021
15984998949.316 2022
Sri Lanka | Exports of goods and services (current US$)
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. 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
Democratic Socialist Republic of Sri Lanka
Records
63
Source