Euro area - Imports of goods and services

Imports of goods and services (BoP, current US$)

The latest value for Imports of goods and services (BoP, current US$) in Euro area was $5,437,710,000,000 as of 2020. Over the past 45 years, the value for this indicator has fluctuated between $6,052,470,000,000 in 2018 and $337,033,000,000 in 1975.

Definition: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, nonmonetary gold, and services. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1975 $337,033,000,000
1976 $382,835,000,000
1977 $430,021,000,000
1978 $503,633,000,000
1979 $658,737,000,000
1980 $799,681,000,000
1981 $732,149,000,000
1982 $692,294,000,000
1983 $651,964,000,000
1984 $651,184,000,000
1985 $677,208,000,000
1986 $808,571,000,000
1987 $1,000,900,000,000
1988 $1,120,290,000,000
1989 $1,214,410,000,000
1990 $1,518,550,000,000
1991 $1,574,690,000,000
1992 $1,688,670,000,000
1993 $1,454,600,000,000
1994 $1,604,170,000,000
1995 $1,959,900,000,000
1996 $1,982,150,000,000
1997 $1,953,180,000,000
1998 $2,069,480,000,000
1999 $2,142,110,000,000
2000 $2,229,250,000,000
2001 $2,219,930,000,000
2002 $2,299,670,000,000
2003 $2,767,600,000,000
2004 $3,346,500,000,000
2005 $3,663,230,000,000
2006 $4,161,090,000,000
2007 $4,895,350,000,000
2008 $5,509,220,000,000
2009 $4,312,940,000,000
2010 $4,734,120,000,000
2011 $5,505,530,000,000
2012 $5,171,460,000,000
2013 $5,356,340,000,000
2014 $5,518,530,000,000
2015 $4,869,060,000,000
2016 $4,941,290,000,000
2017 $5,455,420,000,000
2018 $6,052,470,000,000
2019 $5,979,520,000,000
2020 $5,437,710,000,000

Imports of goods and services (current US$)

The latest value for Imports of goods and services (current US$) in Euro area was $5,424,430,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $6,027,490,000,000 in 2018 and $125,483,000,000 in 1970.

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
1970 $125,483,000,000
1971 $140,488,000,000
1972 $170,218,000,000
1973 $234,906,000,000
1974 $318,692,000,000
1975 $335,104,000,000
1976 $379,176,000,000
1977 $429,095,000,000
1978 $503,149,000,000
1979 $655,274,000,000
1980 $795,565,000,000
1981 $714,078,000,000
1982 $680,591,000,000
1983 $645,784,000,000
1984 $646,466,000,000
1985 $668,173,000,000
1986 $808,908,000,000
1987 $997,325,000,000
1988 $1,121,280,000,000
1989 $1,212,880,000,000
1990 $1,497,320,000,000
1991 $1,548,850,000,000
1992 $1,668,300,000,000
1993 $1,450,340,000,000
1994 $1,614,370,000,000
1995 $1,971,720,000,000
1996 $2,004,650,000,000
1997 $1,965,260,000,000
1998 $2,084,290,000,000
1999 $2,138,680,000,000
2000 $2,230,940,000,000
2001 $2,221,100,000,000
2002 $2,308,370,000,000
2003 $2,803,170,000,000
2004 $3,348,460,000,000
2005 $3,672,300,000,000
2006 $4,167,320,000,000
2007 $4,914,620,000,000
2008 $5,500,570,000,000
2009 $4,327,380,000,000
2010 $4,752,920,000,000
2011 $5,508,180,000,000
2012 $5,150,210,000,000
2013 $5,323,970,000,000
2014 $5,490,810,000,000
2015 $4,850,300,000,000
2016 $4,922,540,000,000
2017 $5,432,750,000,000
2018 $6,027,490,000,000
2019 $6,000,010,000,000
2020 $5,424,430,000,000

Imports of goods and services (constant 2010 US$)

The latest value for Imports of goods and services (constant 2010 US$) in Euro area was 5,261,810,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 5,787,030,000,000 in 2019 and 597,659,000,000 in 1970.

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 constant 2010 U.S. dollars.

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

See also:

Year Value
1970 597,659,000,000
1971 631,170,000,000
1972 691,573,000,000
1973 766,176,000,000
1974 785,928,000,000
1975 743,919,000,000
1976 836,255,000,000
1977 861,913,000,000
1978 900,331,000,000
1979 987,595,000,000
1980 1,020,500,000,000
1981 1,001,870,000,000
1982 1,006,890,000,000
1983 1,010,430,000,000
1984 1,069,450,000,000
1985 1,114,640,000,000
1986 1,169,010,000,000
1987 1,261,050,000,000
1988 1,363,550,000,000
1989 1,490,760,000,000
1990 1,605,550,000,000
1991 1,693,110,000,000
1992 1,757,470,000,000
1993 1,676,440,000,000
1994 1,821,480,000,000
1995 1,971,030,000,000
1996 2,054,460,000,000
1997 2,258,420,000,000
1998 2,489,150,000,000
1999 2,681,390,000,000
2000 3,005,470,000,000
2001 3,083,340,000,000
2002 3,101,370,000,000
2003 3,194,700,000,000
2004 3,418,870,000,000
2005 3,629,700,000,000
2006 3,939,870,000,000
2007 4,208,960,000,000
2008 4,218,650,000,000
2009 3,740,440,000,000
2010 4,106,200,000,000
2011 4,286,400,000,000
2012 4,234,450,000,000
2013 4,293,300,000,000
2014 4,497,840,000,000
2015 4,850,300,000,000
2016 5,058,280,000,000
2017 5,322,160,000,000
2018 5,523,930,000,000
2019 5,787,030,000,000
2020 5,261,810,000,000

Imports of goods and services (annual % growth)

The value for Imports of goods and services (annual % growth) in Euro area was -9.08 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 12.41 in 1976 and a minimum value of -11.34 in 2009.

Definition: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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

See also:

Year Value
1971 5.61
1972 9.57
1973 10.79
1974 2.58
1975 -5.35
1976 12.41
1977 3.07
1978 4.46
1979 9.69
1980 3.33
1981 -1.83
1982 0.50
1983 0.35
1984 5.84
1985 4.23
1986 4.88
1987 7.87
1988 8.13
1989 9.33
1990 7.70
1991 5.45
1992 3.80
1993 -4.61
1994 8.65
1995 8.21
1996 4.23
1997 9.93
1998 10.22
1999 7.72
2000 12.09
2001 2.59
2002 0.58
2003 3.01
2004 7.02
2005 6.17
2006 8.55
2007 6.83
2008 0.23
2009 -11.34
2010 9.78
2011 4.39
2012 -1.21
2013 1.39
2014 4.76
2015 7.84
2016 4.29
2017 5.22
2018 3.79
2019 4.76
2020 -9.08

Imports of goods and services (% of GDP)

Imports of goods and services (% of GDP) in Euro area was 41.66 as of 2020. Its highest value over the past 50 years was 44.73 in 2019, while its lowest value was 19.29 in 1971.

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.

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

See also:

Year Value
1970 19.53
1971 19.29
1972 19.35
1973 20.57
1974 24.60
1975 22.31
1976 24.19
1977 24.07
1978 23.04
1979 24.78
1980 26.86
1981 27.74
1982 27.31
1983 26.56
1984 27.72
1985 27.88
1986 24.05
1987 23.98
1988 24.51
1989 25.96
1990 25.46
1991 25.33
1992 24.73
1993 23.50
1994 24.78
1995 26.23
1996 26.36
1997 28.27
1998 29.15
1999 30.05
2000 34.35
2001 33.67
2002 32.06
2003 31.63
2004 32.96
2005 34.90
2006 37.26
2007 38.16
2008 38.85
2009 33.45
2010 37.60
2011 40.39
2012 40.75
2013 40.35
2014 40.65
2015 41.55
2016 41.12
2017 42.85
2018 44.00
2019 44.73
2020 41.66

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments