Uruguay | 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
Eastern Republic of Uruguay
Records
63
Source
Uruguay | Imports of goods and services (current US$)
225000000 1960
236363636.36364 1961
254545454.54546 1962
186666666.66667 1963
223529411.76471 1964
217241379.31034 1965
207407407.40741 1966
210476190.47619 1967
194396551.72414 1968
243145161.29032 1969
325000000 1970
320967741.93548 1971
325988700.56497 1972
376896149.35823 1973
691074681.23862 1974
717441860.46512 1975
736432465.17262 1976
932257370.34646 1977
1038801261.8297 1978
1520107170.1965 1979
2096660421.0294 1980
2102705457.2408 1981
1587121923.0492 1982
1204328601.3498 1983
1036766679.1906 1984
998457827.51394 1985
1191819538.5448 1986
1414997206.481 1987
1456747009.124 1988
1493668481.4981 1989
1682744697.6615 1990
2001561707.7778 1991
2527397074.595 1992
2934260605.9437 1993
3561674785.6874 1994
3686020003.1501 1995
4074053357.6155 1996
4853524479.8335 1997
4879194086.4314 1998
4386374776.2207 1999
4568223556.629 2000
4076272834.0024 2001
2640670228.2597 2002
2930315874.7255 2003
4018907625.4712 2004
4943843928.9829 2005
6252911446.7537 2006
7167879856.1205 2007
10893438974.645 2008
8600719067.3619 2009
10636951485.036 2010
13504292327.182 2011
15804109317.437 2012
16171486174.328 2013
15709177870.195 2014
13180179645.555 2015
12380702429.499 2016
13291653157.3 2017
13963979703.604 2018
13493648988.275 2019
11167356516.6 2020
14698594454.598 2021
18413033217.87 2022
Uruguay | 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
Eastern Republic of Uruguay
Records
63
Source