Central African Republic - Exports of goods and services (current US$)

The latest value for Exports of goods and services (current US$) in Central African Republic was $390,647,400 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $419,401,300 in 2018 and $26,101,660 in 1960.

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. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $26,101,660
1961 $32,618,430
1962 $30,610,510
1963 $32,650,880
1964 $40,403,680
1965 $40,806,180
1966 $44,773,980
1967 $43,089,270
1968 $65,799,810
1969 $51,399,880
1970 $60,397,790
1971 $60,030,780
1972 $57,429,310
1973 $77,607,280
1974 $78,051,060
1975 $80,012,180
1976 $100,096,600
1977 $127,861,400
1978 $142,999,400
1979 $157,199,600
1980 $201,027,800
1981 $169,417,100
1982 $165,958,800
1983 $159,064,500
1984 $149,211,700
1985 $190,340,600
1986 $204,099,900
1987 $214,306,700
1988 $224,453,300
1989 $250,535,800
1990 $245,893,000
1991 $242,234,400
1992 $238,129,800
1993 $218,665,900
1994 $199,169,800
1995 $247,850,100
1996 $216,376,700
1997 $252,105,000
1998 $219,168,800
1999 $192,136,100
2000 $186,304,000
2001 $159,877,000
2002 $158,252,300
2003 $207,845,700
2004 $177,784,800
2005 $178,708,400
2006 $209,094,000
2007 $239,617,000
2008 $218,449,300
2009 $202,648,800
2010 $249,093,400
2011 $320,054,000
2012 $289,923,000
2013 $253,274,100
2014 $315,975,100
2015 $289,437,800
2016 $270,502,000
2017 $357,682,900
2018 $419,401,300
2019 $364,422,400
2020 $390,647,400

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: Gap-filled total

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts