Mauritania - Imports of goods and services (% of GDP)

Imports of goods and services (% of GDP) in Mauritania was 51.29 as of 2020. Its highest value over the past 59 years was 62.53 in 2012, while its lowest value was 14.54 in 1966.

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
1961 18.68
1962 21.47
1963 20.40
1964 15.63
1965 14.93
1966 14.54
1967 16.09
1968 15.16
1969 16.23
1970 17.24
1971 16.99
1972 33.98
1973 32.00
1974 40.95
1975 41.71
1976 53.80
1977 50.81
1978 44.79
1979 41.29
1980 46.04
1981 51.76
1982 58.50
1983 52.70
1984 50.51
1985 55.80
1986 54.78
1987 45.99
1988 43.53
1989 39.19
1990 41.94
1991 28.28
1992 19.96
1993 20.72
1994 27.99
1995 31.93
1996 31.29
1997 29.36
1998 26.93
1999 26.45
2000 33.42
2001 35.16
2002 32.01
2003 36.19
2004 51.95
2005 61.48
2006 40.42
2007 45.54
2008 52.52
2009 44.76
2010 47.68
2011 48.30
2012 62.53
2013 56.85
2014 54.22
2015 47.15
2016 39.23
2017 44.31
2018 47.93
2019 50.00
2020 51.29

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