Turkiye | Exports of goods and services (% of GDP)
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. 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
Republic of Turkiye
Records
63
Source
Turkiye | Exports of goods and services (% of GDP)
2.05580029 1960
5.14603616 1961
5.60398506 1962
4.18454936 1963
4.47316103 1964
4.54967502 1965
4.09771474 1966
4.11931818 1967
3.68253968 1968
3.59589041 1969
4.42748092 1970
5.31958763 1971
6.01867866 1972
7.03296703 1973
5.72811618 1974
4.42134657 1975
4.85908649 1976
3.81520401 1977
4.14691194 1978
3.21802671 1979
5.16193171 1980
8.23693203 1981
11.86405139 1982
12.47321262 1983
15.60660269 1984
15.86072288 1985
13.31243772 1986
15.58084042 1987
18.65397042 1988
16.20291575 1989
13.36510285 1990
13.84113011 1991
14.39223573 1992
13.67380285 1993
21.36213121 1994
19.8916075 1995
21.54265814 1996
24.58171768 1997
20.66622987 1998
18.8109125 1999
19.8811989 2000
27.18194188 2001
25.10511902 2002
23.0061779 2003
23.62475321 2004
21.87626756 2005
22.39483394 2006
21.88952569 2007
23.56629093 2008
23.37019915 2009
21.19413332 2010
22.99370125 2011
24.36087552 2012
23.79300951 2013
25.2055417 2014
24.53127734 2015
23.08350913 2016
26.03942234 2017
31.23269256 2018
33.07421471 2019
29.12078986 2020
35.74369481 2021
38.58420213 2022
Turkiye | Exports of goods and services (% of GDP)
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. 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
Republic of Turkiye
Records
63
Source