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

Exports of goods and services (% of GDP) in Niger was 10.29 as of 2020. Its highest value over the past 60 years was 28.54 in 1979, while its lowest value was 7.10 in 1960.

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 7.10
1961 8.12
1962 9.28
1963 9.31
1964 9.27
1965 9.48
1966 12.45
1967 8.43
1968 7.98
1969 9.36
1970 10.77
1971 12.37
1972 14.21
1973 15.51
1974 12.27
1975 19.25
1976 22.26
1977 19.64
1978 22.53
1979 28.54
1980 24.58
1981 24.16
1982 20.97
1983 20.82
1984 22.91
1985 20.69
1986 20.00
1987 20.80
1988 18.30
1989 16.60
1990 15.07
1991 12.02
1992 11.78
1993 10.91
1994 13.14
1995 14.54
1996 15.30
1997 13.54
1998 13.97
1999 12.66
2000 14.34
2001 13.46
2002 11.92
2003 13.27
2004 14.26
2005 14.41
2006 13.87
2007 13.07
2008 13.18
2009 14.98
2010 16.18
2011 15.29
2012 16.10
2013 16.98
2014 15.95
2015 14.27
2016 12.18
2017 13.29
2018 11.84
2019 11.42
2020 10.29

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