Sub-Saharan Africa (IDA & IBRD countries) | 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
Sub-Saharan Africa (IDA & IBRD countries)
Records
63
Source
Sub-Saharan Africa (IDA & IBRD countries) | Exports of goods and services (current US$)
1960
1961
1962
1963
1964
1965 9910925670.289
1966 10602764057.472
1967 11159303686.418
1968 12476206548.577
1969 13092863932.74
1970 13960558579.69
1971 14800964757.374
1972 17492866380.99
1973 23186153148.164
1974 32099872070.894
1975 33305998602.324
1976 34635113869.882
1977 41136901604.99
1978 47542720998.784
1979 60063901476.811
1980 81245240011.192
1981 69715952554.169
1982 62764596604.735
1983 62980853303.961
1984 62421631856.699
1985 60426024572.219
1986 65664874836.797
1987 77225812822.842
1988 79629432543.225
1989 80619287698.946
1990 88852777245.325
1991 86451591615.176
1992 87813381063.822
1993 89702890283.273
1994 93400845548.241
1995 109723421913.77
1996 116376646698.86
1997 117481866500.38
1998 111012912948.74
1999 110707799683.24
2000 121293737501.4
2001 116645926823.38
2002 123906190625.12
2003 149906884564.21
2004 186938825770.58
2005 230794925173.57
2006 275164301738.34
2007 336303314694.5
2008 407931083588.01
2009 320703234803.25
2010 407347463784.3
2011 486849473482.51
2012 473427116995.39
2013 467010686420.13
2014 463659441175.02
2015 360623371498.51
2016 332768740889.08
2017 388304094149.75
2018 435167476041.45
2019 419706451433.51
2020 361769877150.42
2021 479813542301.38
2022 548867271783.45
Sub-Saharan Africa (IDA & IBRD countries) | 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
Sub-Saharan Africa (IDA & IBRD countries)
Records
63
Source