Low 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 Low income was $141,858,000,000 as of 2020. Over the past 15 years, the value for this indicator has fluctuated between $151,430,000,000 in 2014 and $53,852,610,000 in 2005.

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
2005 $53,852,610,000
2006 $62,167,680,000
2007 $77,565,930,000
2008 $97,929,430,000
2009 $88,668,750,000
2010 $102,659,000,000
2011 $120,563,000,000
2012 $135,830,000,000
2013 $142,582,000,000
2014 $151,430,000,000
2015 $132,632,000,000
2016 $128,389,000,000
2017 $131,100,000,000
2018 $146,249,000,000
2019 $147,515,000,000
2020 $141,858,000,000

Imports of goods and services (current US$)

The latest value for Imports of goods and services (current US$) in Low income was $139,262,000,000 as of 2020. Over the past 12 years, the value for this indicator has fluctuated between $214,121,000,000 in 2010 and $125,212,000,000 in 2016.

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
2008 $202,488,000,000
2009 $186,587,000,000
2010 $214,121,000,000
2011 $137,153,000,000
2012 $137,467,000,000
2013 $146,345,000,000
2014 $144,508,000,000
2015 $128,784,000,000
2016 $125,212,000,000
2017 $127,249,000,000
2018 $146,266,000,000
2019 $144,975,000,000
2020 $139,262,000,000

Imports of goods and services (constant 2010 US$)

The latest value for Imports of goods and services (constant 2010 US$) in Low income was 157,992,000,000 as of 2020. Over the past 12 years, the value for this indicator has fluctuated between 157,992,000,000 in 2020 and 114,912,000,000 in 2009.

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
2008 121,297,000,000
2009 114,912,000,000
2010 129,909,000,000
2011 124,458,000,000
2012 127,846,000,000
2013 129,900,000,000
2014 134,772,000,000
2015 128,784,000,000
2016 131,946,000,000
2017 134,328,000,000
2018 142,758,000,000
2019 153,541,000,000
2020 157,992,000,000

Imports of goods and services (annual % growth)

The value for Imports of goods and services (annual % growth) in Low income was 2.90 as of 2020. As the graph below shows, over the past 11 years this indicator reached a maximum value of 13.05 in 2010 and a minimum value of -5.26 in 2009.

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
2009 -5.26
2010 13.05
2011 -4.20
2012 2.72
2013 1.61
2014 3.75
2015 -4.44
2016 2.46
2017 1.81
2018 6.28
2019 7.55
2020 2.90

Imports of goods and services (% of GDP)

Imports of goods and services (% of GDP) in Low income was 30.29 as of 2020. Its highest value over the past 12 years was 39.25 in 2008, while its lowest value was 30.29 in 2020.

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
2008 39.25
2009 35.75
2010 37.03
2011 33.95
2012 35.76
2013 37.00
2014 34.09
2015 30.80
2016 32.34
2017 31.10
2018 34.37
2019 32.33
2020 30.29

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments