Côte d'Ivoire - Exports of goods and services (% of GDP)

Exports of goods and services (% of GDP) in Côte d'Ivoire was 21.55 as of 2020. Its highest value over the past 60 years was 46.77 in 1985, while its lowest value was 21.55 in 2020.

Definition: Exports of goods and services represent the value of all goods and other market services provided to 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 34.24
1961 35.29
1962 34.39
1963 33.94
1964 35.89
1965 36.82
1966 36.41
1967 36.22
1968 40.70
1969 36.76
1970 35.77
1971 32.21
1972 33.51
1973 35.75
1974 45.70
1975 36.73
1976 41.74
1977 42.63
1978 36.52
1979 34.60
1980 35.00
1981 35.18
1982 36.42
1983 36.96
1984 45.31
1985 46.77
1986 39.50
1987 33.43
1988 30.49
1989 32.03
1990 31.69
1991 30.01
1992 31.91
1993 29.44
1994 40.53
1995 41.76
1996 28.05
1997 28.16
1998 27.18
1999 28.74
2000 27.79
2001 27.47
2002 31.36
2003 28.74
2004 30.14
2005 31.88
2006 32.84
2007 30.49
2008 31.01
2009 35.41
2010 33.50
2011 35.28
2012 34.98
2013 29.16
2014 28.16
2015 27.36
2016 24.60
2017 24.92
2018 22.64
2019 23.78
2020 21.55

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