Cayman Islands - Imports of goods and services

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

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
2016 $2,016,607,000
2017 $2,242,870,000
2018 $2,517,795,000
2019 $2,695,674,000

Imports of goods and services (current US$)

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
2017 $2,243,010,000
2018 $2,517,941,000
2019 $2,695,788,000
2020 $2,592,464,000

Imports of goods and services (current LCU)

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 local currency.

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

Year Value
2017 1,869,100,000
2018 2,098,200,000
2019 2,246,400,000
2020 2,160,300,000

Imports of goods and services (% of GDP)

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
2017 43.41
2018 45.59
2019 45.42
2020 46.36

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments