Togo | 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
Togolese Republic
Records
63
Source
Togo | Exports of goods and services (current US$)
37708626.16052 1960
49603527.034332 1961
46343072.661635 1962
36412071.535585 1963
58256757.748153 1964
59902246.597983 1965
84046485.121525 1966
87870803.159295 1967
101651407.93461 1968
122866745.55504 1969
126062927.78797 1970
134158102.20132 1971
131854590.68739 1972
134617116.43494 1973
369940142.16625 1974
267965252.67494 1975
292993688.05657 1976
322394956.89361 1977
527351687.21078 1978
445904805.53074 1979
580273833.87853 1980
444924577.06028 1981
412043277.21664 1982
348233596.44678 1983
367999873.928 1984
369048898.20619 1985
466639448.05284 1986
516742464.7654 1987
601984488.95207 1988
536694496.15165 1989
545098057.26328 1990
535853561.10509 1991
455990716.53904 1992
300774195.51967 1993
300177572.1652 1994
424723362.74581 1995
487731027.10117 1996
434321227.66928 1997
471224972.92257 1998
455259334.38915 1999
420973869.17973 2000
429265415.50425 2001
516664503.50095 2002
694055503.53314 2003
752312512.89685 2004
811251238.51284 2005
831771986.68231 2006
925780995.64645 2007
1159663570.5242 2008
1221146143.9043 2009
1315957055.2983 2010
1707777923.5796 2011
1785883226.0741 2012
2054079312.2774 2013
1862941457.4969 2014
1537319039.9896 2015
1622914085.9558 2016
1616151022.097 2017
1710211643.8377 2018
1671782878.7424 2019
1727046855.4912 2020
1909849221.1095 2021
1999439054.8623 2022
Togo | 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
Togolese Republic
Records
63
Source