Uruguay | 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
Eastern Republic of Uruguay
Records
63
Source
Uruguay | Exports of goods and services (constant 2015 US$)
895474417.23888 1960
1100449397.0269 1961
944733146.16692 1962
986064640.27526 1963
1024050255.1857 1964
1310856509.149 1965
1162235700.0391 1966
1084582401.2248 1967
1241968616.648 1968
1240304925.055 1969
1274534704.4429 1970
1212872681.1481 1971
1191157817.8851 1972
1187395893.902 1973
1432976246.4156 1974
1706541331.0469 1975
2065730530.6125 1976
2213581571.1687 1977
2309640984.4334 1978
2461247741.9284 1979
2550211640.9521 1980
2707666140.704 1981
2422827698.2397 1982
2446913391.5007 1983
2307387266.1956 1984
2345756950.6705 1985
2728152245.5693 1986
2497153209.0048 1987
2674580460.8888 1988
2875279420.991 1989
3269232476.961 1990
3358206413.6346 1991
3664487080.4256 1992
3980607466.7416 1993
4583433218.9582 1994
4498311870.3701 1995
4960830559.0622 1996
5606815693.426 1997
5651164618.939 1998
5481063288.7255 1999
5919093347.0403 2000
5612572692.9679 2001
5237407981.3724 2002
5971730091.1302 2003
7371987644.3156 2004
8551115991.9706 2005
9031320373.2551 2006
9463065677.7311 2007
10270387094.239 2008
10727839735.021 2009
11498038605.428 2010
12165367212.17 2011
12608407001.52 2012
12600668230.232 2013
13043555098.949 2014
12965298328.961 2015
12934056739.913 2016
13613823318.101 2017
13469928569.647 2018
14094553896.942 2019
11794745195.718 2020
13176106460.944 2021
14639358822.35 2022
Uruguay | 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
Eastern Republic of Uruguay
Records
63
Source