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

Imports of goods and services (% of GDP) in Chad was 41.57 as of 2020. Its highest value over the past 60 years was 113.66 in 2002, while its lowest value was 13.49 in 1982.

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 17.04
1961 18.56
1962 19.63
1963 19.21
1964 21.33
1965 17.81
1966 17.96
1967 18.16
1968 18.69
1969 17.70
1970 22.05
1971 21.06
1972 19.38
1973 23.50
1974 26.80
1975 25.85
1976 26.38
1977 28.37
1978 27.97
1979 34.64
1980 28.87
1981 22.66
1982 13.49
1983 23.54
1984 24.05
1985 31.33
1986 35.38
1987 36.43
1988 30.10
1989 31.41
1990 27.91
1991 24.40
1992 24.81
1993 29.32
1994 34.88
1995 33.77
1996 29.07
1997 30.77
1998 29.57
1999 32.19
2000 34.68
2001 49.66
2002 113.66
2003 58.75
2004 50.76
2005 37.87
2006 48.33
2007 40.23
2008 37.60
2009 41.97
2010 43.55
2011 41.80
2012 42.11
2013 39.08
2014 42.47
2015 36.56
2016 37.00
2017 39.70
2018 38.01
2019 37.83
2020 41.57

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