Comoros - Exports of goods and services (constant 2010 US$)

The latest value for Exports of goods and services (constant 2010 US$) in Comoros was 106,045,000 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between 154,671,600 in 2019 and 30,780,910 in 1980.

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 constant 2010 U.S. dollars.

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

See also:

Year Value
1980 30,780,910
1981 31,970,560
1982 34,011,440
1983 35,651,140
1984 37,116,500
1985 37,962,900
1986 38,671,740
1987 39,305,180
1988 40,361,520
1989 39,077,750
1990 41,067,350
1991 38,851,520
1992 42,165,910
1993 43,433,390
1994 41,141,550
1995 42,626,820
1996 42,076,220
1997 43,772,030
1998 44,333,480
1999 45,186,510
2000 50,088,380
2001 51,256,910
2002 52,448,520
2003 53,552,090
2004 54,580,080
2005 56,128,730
2006 57,614,410
2007 57,148,390
2008 56,576,900
2009 67,269,940
2010 77,158,620
2011 80,244,970
2012 78,961,050
2013 87,488,840
2014 93,613,060
2015 97,918,670
2016 106,407,600
2017 118,956,300
2018 141,841,000
2019 154,671,600
2020 106,045,000

Development Relevance: An economy's growth is measured by the change in the volume of its output or in the real incomes of its residents. The 2008 United Nations System of National Accounts (2008 SNA) offers three plausible indicators for calculating growth: the volume of gross domestic product (GDP), real gross domestic income, and real gross national income. The volume of GDP is the sum of value added, measured at constant prices, by households, government, and industries operating in the economy. GDP accounts for all domestic production, regardless of whether the income accrues to domestic or foreign institutions.

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

Base Period: 2010

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts