North America - Imports of goods and services (annual % growth)

The value for Imports of goods and services (annual % growth) in North America was -9.24 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 22.99 in 1984 and a minimum value of -12.57 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
1971 5.59
1972 11.88
1973 6.67
1974 0.49
1975 -9.11
1976 16.05
1977 8.24
1978 7.45
1979 2.82
1980 -5.87
1981 2.48
1982 -4.56
1983 12.12
1984 22.99
1985 6.82
1986 8.16
1987 5.84
1988 5.70
1989 4.68
1990 3.25
1991 0.38
1992 6.63
1993 8.41
1994 11.21
1995 7.57
1996 8.06
1997 13.63
1998 10.50
1999 10.97
2000 12.22
2001 -2.87
2002 3.37
2003 4.98
2004 10.59
2005 6.63
2006 6.25
2007 3.07
2008 -1.66
2009 -12.57
2010 13.28
2011 4.95
2012 2.66
2013 1.36
2014 4.71
2015 4.45
2016 1.23
2017 4.47
2018 3.98
2019 1.03
2020 -9.24

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts