Uruguay | 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
Eastern Republic of Uruguay
Records
63
Source
Uruguay | Exports of goods and services (current US$)
166666666.66667 1960
227272727.27273 1961
200000000 1962
186666666.66667 1963
235294117.64706 1964
348275862.06897 1965
309259259.25926 1966
233333333.33333 1967
241810344.82759 1968
268548387.09677 1969
296774193.54839 1970
288709677.41935 1971
337853107.34463 1972
413068844.80747 1973
588433515.4827 1974
593694096.60107 1975
717383403.99758 1976
818614159.67291 1977
925485638.38619 1978
1208867057.9229 1979
1527719607.627 1980
1679848049.6618 1981
1314971486.3207 1982
1310710961.1357 1983
1289231209.6327 1984
1266123611.0562 1985
1541476814.9821 1986
1594966344.7469 1987
1811733104.2351 1988
1982636216.9942 1989
2188206935.7084 1990
2318969025.0552 1991
2633269108.9562 1992
2869311094.4885 1993
3454168853.294 1994
3665940935.5804 1995
4035386466.3246 1996
4184600574.9096 1997
4168339941.961 1998
3621012840.2988 1999
3811052356.1456 2000
3511965703.1318 2001
2805891108.5481 2002
3304410120.8128 2003
4394994711.5016 2004
5279006691.5592 2005
5981157817.7004 2006
6922888126.9565 2007
9399061014.7338 2008
8863697956.5254 2009
11050981363.983 2010
13301545753.261 2011
14056802468.665 2012
14324258529.897 2013
14477839204.767 2014
12965298328.961 2015
15480542619.005 2016
16856823025.205 2017
17279187777.691 2018
17255957992.221 2019
13528693057.426 2020
18719727181.929 2021
22294271154.986 2022
Uruguay | 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
Eastern Republic of Uruguay
Records
63
Source