Uganda | Imports of goods and services (current US$)

Imports of goods and services represent the value of all goods and other market services received from 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
Republic of Uganda
Records
63
Source
Uganda | Imports of goods and services (current US$)
92285115.303983 1960
95562893.081761 1961
96302935.010482 1962
123258909.85325 1963
136049266.24738 1964
215455690.88618 1965
234355312.89374 1966
235895282.09436 1967
234635307.29385 1968
237715245.69509 1969
253394932.10136 1970
339493210.1358 1971
250174996.50007 1972
223858656.84806 1973
315796977.47362 1974
257555555.55556 1975
235100000 1976
229000000 1977
456521739.13043 1978
375000000 1979
324000000 1980
295000000 1981
381500000 1982
305666666.66667 1983
517947171.11216 1984
528247560.8666 1985
597834914.46188 1986
1131228161.9919 1987
1157116666.6667 1988
954685691.90047 1989
833711479.37882 1990
728713354.57086 1991
694106643.58471 1992
682002410.01188 1993
762125448.53314 1994
1199003459.972 1995
1415906250.0617 1996
1303961976.5179 1997
1343623399.2445 1998
1426046616.957 1999
1368560402.2485 2000
1390734598.6855 2001
1548626997.4655 2002
1664868876.2179 2003
1807281865.8993 2004
2292674584.3027 2005
2829448599.0816 2006
3577000117.7966 2007
4617770608.2101 2008
7148939023.8228 2009
6520260385.212 2010
7497355182.8345 2011
7648498555.7053 2012
7690477050.1996 2013
6870189626.6622 2014
8035899288.305 2015
5485150866.2131 2016
6202981526.4862 2017
7096219371.84 2018
7865670039.5278 2019
8117468248.617 2020
10505367996.817 2021
10245036756.082 2022

Uganda | Imports of goods and services (current US$)

Imports of goods and services represent the value of all goods and other market services received from 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
Republic of Uganda
Records
63
Source