Middle income - Imports of goods and services

Imports of goods and services (BoP, current US$)

The latest value for Imports of goods and services (BoP, current US$) in Middle income was $6,581,660,000,000 as of 2020. Over the past 38 years, the value for this indicator has fluctuated between $7,591,090,000,000 in 2018 and $362,467,000,000 in 1986.

Definition: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, nonmonetary gold, and services. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1982 $406,851,000,000
1983 $384,844,000,000
1984 $386,641,000,000
1985 $381,644,000,000
1986 $362,467,000,000
1987 $401,086,000,000
1988 $453,471,000,000
1989 $506,795,000,000
1990 $578,475,000,000
1991 $625,209,000,000
1992 $708,162,000,000
1993 $799,453,000,000
1994 $894,091,000,000
1995 $1,060,680,000,000
1996 $1,161,920,000,000
1997 $1,177,640,000,000
1998 $1,129,500,000,000
1999 $1,119,790,000,000
2000 $1,322,820,000,000
2001 $1,321,050,000,000
2002 $1,385,520,000,000
2003 $1,765,700,000,000
2004 $2,255,850,000,000
2005 $2,703,470,000,000
2006 $3,194,820,000,000
2007 $3,902,860,000,000
2008 $4,853,090,000,000
2009 $3,954,880,000,000
2010 $5,094,400,000,000
2011 $6,305,490,000,000
2012 $6,653,310,000,000
2013 $6,980,630,000,000
2014 $7,059,340,000,000
2015 $6,177,210,000,000
2016 $5,923,030,000,000
2017 $6,750,460,000,000
2018 $7,591,090,000,000
2019 $7,484,400,000,000
2020 $6,581,660,000,000

Imports of goods and services (current US$)

The latest value for Imports of goods and services (current US$) in Middle income was $6,632,540,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $7,627,570,000,000 in 2018 and $37,911,120,000 in 1962.

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. Data are in current U.S. dollars.

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

See also:

Year Value
1960 $41,605,350,000
1961 $39,885,270,000
1962 $37,911,120,000
1963 $42,602,040,000
1964 $45,325,550,000
1965 $48,386,430,000
1966 $51,699,480,000
1967 $53,662,520,000
1968 $56,511,420,000
1969 $61,332,070,000
1970 $70,288,200,000
1971 $78,247,100,000
1972 $87,562,950,000
1973 $120,830,000,000
1974 $196,103,000,000
1975 $232,513,000,000
1976 $241,454,000,000
1977 $271,282,000,000
1978 $290,644,000,000
1979 $355,056,000,000
1980 $477,197,000,000
1981 $533,126,000,000
1982 $500,178,000,000
1983 $468,166,000,000
1984 $458,087,000,000
1985 $468,745,000,000
1986 $452,492,000,000
1987 $483,809,000,000
1988 $572,317,000,000
1989 $623,333,000,000
1990 $672,336,000,000
1991 $645,234,000,000
1992 $892,656,000,000
1993 $875,505,000,000
1994 $928,604,000,000
1995 $1,099,910,000,000
1996 $1,178,370,000,000
1997 $1,269,540,000,000
1998 $1,185,700,000,000
1999 $1,191,750,000,000
2000 $1,400,950,000,000
2001 $1,419,280,000,000
2002 $1,507,260,000,000
2003 $1,797,520,000,000
2004 $2,290,610,000,000
2005 $2,722,480,000,000
2006 $3,228,730,000,000
2007 $3,972,050,000,000
2008 $4,868,630,000,000
2009 $4,081,800,000,000
2010 $5,207,560,000,000
2011 $6,414,450,000,000
2012 $6,751,280,000,000
2013 $7,018,870,000,000
2014 $7,064,680,000,000
2015 $6,184,800,000,000
2016 $6,002,970,000,000
2017 $6,822,010,000,000
2018 $7,627,570,000,000
2019 $7,490,360,000,000
2020 $6,632,540,000,000

Imports of goods and services (constant 2010 US$)

The latest value for Imports of goods and services (constant 2010 US$) in Middle income was 6,247,630,000,000 as of 2016. Over the past 5 years, the value for this indicator has fluctuated between 6,424,070,000,000 in 2014 and 6,017,380,000,000 in 2011.

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. Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
2011 6,017,380,000,000
2012 6,263,640,000,000
2013 6,399,510,000,000
2014 6,424,070,000,000
2015 6,184,800,000,000
2016 6,247,630,000,000

Imports of goods and services (annual % growth)

Definition: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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
2012 4.09
2013 2.17
2014 0.38
2015 -3.72
2016 1.02

Imports of goods and services (% of GDP)

Imports of goods and services (% of GDP) in Middle income was 21.72 as of 2020. Its highest value over the past 60 years was 28.77 in 2008, while its lowest value was 11.12 in 1965.

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 12.61
1961 12.61
1962 11.74
1963 12.30
1964 11.50
1965 11.12
1966 11.48
1967 11.61
1968 11.58
1969 11.24
1970 11.73
1971 12.14
1972 12.12
1973 13.11
1974 16.74
1975 17.96
1976 17.35
1977 17.38
1978 17.18
1979 17.64
1980 20.07
1981 19.92
1982 18.97
1983 18.39
1984 17.77
1985 17.16
1986 15.99
1987 16.61
1988 18.38
1989 19.60
1990 18.44
1991 18.43
1992 24.39
1993 22.32
1994 21.52
1995 22.59
1996 22.10
1997 22.51
1998 21.72
1999 22.33
2000 24.07
2001 24.15
2002 25.03
2003 26.45
2004 28.37
2005 28.31
2006 28.27
2007 28.09
2008 28.77
2009 24.74
2010 25.98
2011 26.92
2012 26.59
2013 26.07
2014 25.40
2015 23.44
2016 22.60
2017 23.37
2018 24.62
2019 23.58
2020 21.72

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments