Cambodia - Imports of goods and services (% of GDP)

Imports of goods and services (% of GDP) in Cambodia was 62.62 as of 2020. Its highest value over the past 60 years was 76.02 in 2006, while its lowest value was 7.77 in 1970.

Definition: 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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 21.97
1961 18.67
1962 22.94
1963 20.78
1964 15.69
1965 12.50
1966 12.81
1967 10.09
1968 10.72
1969 10.55
1970 7.77
1993 32.67
1994 38.68
1995 46.58
1996 43.80
1997 45.32
1998 44.38
1999 53.63
2000 61.76
2001 61.60
2002 64.27
2003 66.56
2004 70.91
2005 72.75
2006 76.02
2007 72.94
2008 67.78
2009 55.92
2010 59.52
2011 59.50
2012 62.71
2013 67.66
2014 67.01
2015 66.15
2016 65.67
2017 64.11
2018 63.30
2019 62.47
2020 62.62

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.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts