Algeria - Exports of goods and services (% of GDP)

Exports of goods and services (% of GDP) in Algeria was 18.00 as of 2020. Its highest value over the past 60 years was 48.81 in 2006, while its lowest value was 12.85 in 1986.

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 39.04
1961 46.24
1962 19.79
1963 24.68
1964 25.08
1965 22.60
1966 25.99
1967 23.43
1968 23.14
1969 23.79
1970 22.07
1971 18.44
1972 20.45
1973 25.50
1974 38.75
1975 33.69
1976 33.05
1977 30.59
1978 25.54
1979 31.15
1980 34.34
1981 34.59
1982 30.92
1983 27.94
1984 25.71
1985 23.58
1986 12.85
1987 14.27
1988 15.51
1989 18.64
1990 23.44
1991 29.12
1992 25.32
1993 21.78
1994 22.53
1995 26.19
1996 29.76
1997 30.91
1998 22.58
1999 28.15
2000 42.07
2001 36.69
2002 35.50
2003 38.25
2004 40.05
2005 47.21
2006 48.81
2007 47.07
2008 47.97
2009 35.37
2010 38.44
2011 38.79
2012 36.89
2013 33.21
2014 30.49
2015 23.17
2016 20.87
2017 22.63
2018 25.86
2019 22.71
2020 18.00

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