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