Togo | Exports of goods and services (constant 2015 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 constant 2015 prices, expressed in U.S. dollars. Development relevance: An economy's growth is measured by the change in the volume of its output or in the real incomes of its residents. The 2008 United Nations System of National Accounts (2008 SNA) offers three plausible indicators for calculating growth: the volume of gross domestic product (GDP), real gross domestic income, and real gross national income. The volume of GDP is the sum of value added, measured at constant prices, by households, government, and industries operating in the economy. GDP accounts for all domestic production, regardless of whether the income accrues to domestic or foreign institutions. 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
Togolese Republic
Records
63
Source
Togo | Exports of goods and services (constant 2015 US$)
117272036.29338 1960
165428090.54958 1961
156929949.92289 1962
111607114.12898 1963
168260518.06186 1964
182864157.08524 1965
218293688.62257 1966
222294039.57685 1967
248580347.20906 1968
295439695.62344 1969
300011231.72865 1970
645669549.57191 1971
623917778.45041 1972
558664485.37914 1973
540347737.95057 1974
598731488.88794 1975
496845004.03132 1976
657117765.1323 1977
978102971.23902 1978
675434411.44695 1979
987966236.78359 1980
862210124.07733 1981
863032057.21248 1982
764399066.02792 1983
766041922.52481 1984
791523399.50323 1985
872004844.70847 1986
904987008.98482 1987
986363443.39311 1988
889986711.81517 1989
819566558.29084 1990
856447030.52164 1991
688583456.84403 1992
666548752.92588 1993
654550898.49935 1994
789388339.54508 1995
864126082.75407 1996
864126082.75407 1997
854620691.95104 1998
843510622.48401 1999
808926674.71765 2000
788107043.10378 2001
873263234.83753 2002
1021106906.8367 2003
965228003.27005 2004
952980320.76249 2005
896989165.34293 2006
889694844.97582 2007
923046688.43004 2008
1010319995.3936 2009
1154890883.0962 2010
1385505399.7934 2011
1525264136.4346 2012
1703048169.3886 2013
1565092509.384 2014
1537319039.9896 2015
1634786664.8606 2016
1626183938.0436 2017
1636331790.0684 2018
1692187471.398 2019
1724067364.987 2020
1814838743.2751 2021
1794628468.6541 2022
Togo | Exports of goods and services (constant 2015 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 constant 2015 prices, expressed in U.S. dollars. Development relevance: An economy's growth is measured by the change in the volume of its output or in the real incomes of its residents. The 2008 United Nations System of National Accounts (2008 SNA) offers three plausible indicators for calculating growth: the volume of gross domestic product (GDP), real gross domestic income, and real gross national income. The volume of GDP is the sum of value added, measured at constant prices, by households, government, and industries operating in the economy. GDP accounts for all domestic production, regardless of whether the income accrues to domestic or foreign institutions. 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
Togolese Republic
Records
63
Source