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

Exports of goods and services (% of GDP) in Chad was 26.44 as of 2020. Its highest value over the past 60 years was 51.01 in 2004, while its lowest value was 6.56 in 1982.

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 13.39
1961 13.91
1962 14.03
1963 12.95
1964 13.73
1965 13.50
1966 13.91
1967 14.36
1968 14.94
1969 13.21
1970 16.26
1971 15.91
1972 14.57
1973 15.73
1974 18.39
1975 14.40
1976 16.08
1977 15.35
1978 16.42
1979 17.78
1980 16.94
1981 15.10
1982 6.56
1983 16.42
1984 18.02
1985 11.91
1986 13.39
1987 15.45
1988 15.02
1989 13.78
1990 13.48
1991 11.95
1992 11.09
1993 13.32
1994 16.11
1995 21.93
1996 17.54
1997 18.54
1998 18.49
1999 18.32
2000 16.89
2001 14.67
2002 12.69
2003 24.63
2004 51.01
2005 47.98
2006 47.58
2007 44.50
2008 42.69
2009 35.14
2010 36.85
2011 38.88
2012 38.47
2013 33.57
2014 34.16
2015 30.00
2016 26.30
2017 33.87
2018 36.19
2019 36.74
2020 26.44

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