Comoros - Imports of goods and services (current US$)

The latest value for Imports of goods and services (current US$) in Comoros was $269,754,400 as of 2016. Over the past 36 years, the value for this indicator has fluctuated between $390,568,000 in 2014 and $56,236,160 in 1981.

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. Data are in current U.S. dollars.

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

See also:

Year Value
1980 $64,152,500
1981 $56,236,160
1982 $57,656,120
1983 $59,866,770
1984 $59,695,210
1985 $57,312,130
1986 $67,420,730
1987 $83,484,740
1988 $86,665,680
1989 $78,080,130
1990 $92,877,280
1991 $94,305,480
1992 $111,402,200
1993 $99,396,030
1994 $87,769,220
1995 $103,347,800
1996 $95,381,330
1997 $91,253,600
1998 $80,249,280
1999 $75,484,880
2000 $57,301,990
2001 $64,978,810
2002 $69,491,720
2003 $101,202,000
2004 $119,511,200
2005 $138,381,700
2006 $155,667,600
2007 $191,350,700
2008 $255,325,600
2009 $253,617,300
2010 $274,155,700
2011 $306,255,200
2012 $321,496,800
2013 $370,280,800
2014 $390,568,000
2015 $267,487,300
2016 $269,754,400

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