Mauritius - Imports of goods and services (% of GDP)

Imports of goods and services (% of GDP) in Mauritius was 48.69 as of 2020. Its highest value over the past 44 years was 72.16 in 1990, while its lowest value was 47.00 in 1983.

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
1976 57.65
1977 59.45
1978 55.56
1979 54.42
1980 61.42
1981 55.19
1982 49.97
1983 47.00
1984 52.02
1985 55.42
1986 53.84
1987 62.51
1988 69.69
1989 71.53
1990 72.16
1991 66.05
1992 62.55
1993 64.28
1994 65.46
1995 61.08
1996 64.27
1997 66.34
1998 66.52
1999 66.89
2000 61.22
2001 61.79
2002 58.21
2003 54.11
2004 55.15
2005 64.22
2006 68.62
2007 65.01
2008 64.42
2009 56.75
2010 62.22
2011 65.09
2012 65.71
2013 61.55
2014 59.29
2015 57.15
2016 53.74
2017 54.91
2018 54.02
2019 53.67
2020 48.69

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