South Asia - 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 South Asia was $640,470,000,000 as of 2020. Over the past 45 years, the value for this indicator has fluctuated between $831,785,000,000 in 2018 and $10,551,670,000 in 1976.

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 $11,146,960,000
1976 $10,551,670,000
1977 $12,145,290,000
1978 $16,252,280,000
1979 $21,677,200,000
1980 $29,531,420,000
1981 $30,360,800,000
1982 $30,438,650,000
1983 $30,143,800,000
1984 $31,901,330,000
1985 $32,638,800,000
1986 $33,633,880,000
1987 $36,756,280,000
1988 $41,457,510,000
1989 $45,172,490,000
1990 $48,105,590,000
1991 $46,939,240,000
1992 $51,732,470,000
1993 $53,467,280,000
1994 $62,786,830,000
1995 $78,662,850,000
1996 $87,048,420,000
1997 $89,159,160,000
1998 $88,677,800,000
1999 $93,155,430,000
2000 $106,127,000,000
2001 $103,179,000,000
2002 $107,645,000,000
2003 $130,628,000,000
2004 $179,786,000,000
2005 $241,779,000,000
2006 $295,369,000,000
2007 $357,353,000,000
2008 $479,213,000,000
2009 $409,520,000,000
2010 $538,043,000,000
2011 $677,602,000,000
2012 $708,259,000,000
2013 $693,727,000,000
2014 $693,909,000,000
2015 $629,231,000,000
2016 $617,307,000,000
2017 $732,793,000,000
2018 $831,785,000,000
2019 $792,784,000,000
2020 $640,470,000,000

Imports of goods and services (current US$)

The latest value for Imports of goods and services (current US$) in South Asia was $660,070,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $824,725,000,000 in 2018 and $3,959,516,000 in 1960.

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
1960 $3,959,516,000
1961 $3,967,920,000
1962 $4,218,488,000
1963 $4,720,498,000
1964 $5,312,988,000
1965 $5,596,628,000
1966 $5,420,094,000
1967 $5,583,302,000
1968 $5,067,594,000
1969 $4,987,849,000
1970 $5,468,068,000
1971 $5,703,274,000
1972 $5,257,058,000
1973 $6,929,338,000
1974 $10,381,210,000
1975 $12,200,280,000
1976 $12,069,640,000
1977 $13,251,160,000
1978 $16,024,920,000
1979 $21,492,000,000
1980 $29,099,280,000
1981 $28,788,360,000
1982 $28,941,380,000
1983 $29,437,510,000
1984 $28,953,040,000
1985 $31,080,200,000
1986 $29,932,490,000
1987 $32,334,580,000
1988 $36,966,170,000
1989 $40,150,550,000
1990 $44,094,600,000
1991 $40,440,390,000
1992 $47,439,620,000
1993 $50,250,010,000
1994 $55,709,580,000
1995 $70,673,510,000
1996 $75,832,870,000
1997 $80,338,720,000
1998 $82,472,160,000
1999 $90,741,370,000
2000 $96,997,880,000
2001 $97,633,710,000
2002 $109,565,000,000
2003 $130,557,000,000
2004 $179,000,000,000
2005 $236,567,000,000
2006 $295,807,000,000
2007 $375,112,000,000
2008 $442,318,000,000
2009 $429,135,000,000
2010 $541,877,000,000
2011 $685,347,000,000
2012 $696,846,000,000
2013 $656,452,000,000
2014 $664,067,000,000
2015 $604,632,000,000
2016 $617,922,000,000
2017 $738,350,000,000
2018 $824,725,000,000
2019 $778,988,000,000
2020 $660,070,000,000

Imports of goods and services (constant 2010 US$)

The latest value for Imports of goods and services (constant 2010 US$) in South Asia was 704,449,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 812,380,000,000 in 2018 and 29,781,160,000 in 1975.

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
1960 29,834,720,000
1961 31,317,250,000
1962 31,910,910,000
1963 35,599,270,000
1964 38,476,890,000
1965 39,285,470,000
1966 41,023,400,000
1967 44,739,190,000
1968 43,906,600,000
1969 40,657,220,000
1970 51,571,570,000
1971 47,200,350,000
1972 39,791,940,000
1973 32,754,980,000
1974 31,062,110,000
1975 29,781,160,000
1976 32,482,460,000
1977 34,810,970,000
1978 38,147,020,000
1979 47,170,680,000
1980 52,474,680,000
1981 45,683,500,000
1982 47,012,850,000
1983 53,992,320,000
1984 52,183,400,000
1985 57,178,510,000
1986 60,950,770,000
1987 61,116,830,000
1988 63,003,590,000
1989 66,088,850,000
1990 66,917,790,000
1991 64,817,690,000
1992 79,126,400,000
1993 93,137,850,000
1994 100,564,000,000
1995 120,155,000,000
1996 123,916,000,000
1997 133,039,000,000
1998 149,349,000,000
1999 155,276,000,000
2000 161,630,000,000
2001 165,636,000,000
2002 180,090,000,000
2003 203,040,000,000
2004 241,159,000,000
2005 317,546,000,000
2006 381,047,000,000
2007 411,963,000,000
2008 484,067,000,000
2009 466,367,000,000
2010 530,155,000,000
2011 630,084,000,000
2012 664,087,000,000
2013 621,731,000,000
2014 630,004,000,000
2015 604,632,000,000
2016 631,678,000,000
2017 735,027,000,000
2018 812,380,000,000
2019 808,789,000,000
2020 704,449,000,000

Imports of goods and services (annual % growth)

The value for Imports of goods and services (annual % growth) in South Asia was -12.90 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 31.67 in 2005 and a minimum value of -17.68 in 1973.

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
1961 4.97
1962 1.90
1963 11.56
1964 8.08
1965 2.10
1966 4.42
1967 9.06
1968 -1.86
1969 -7.40
1970 26.84
1971 -8.48
1972 -15.70
1973 -17.68
1974 -5.17
1975 -4.12
1976 9.07
1977 7.17
1978 9.58
1979 23.65
1980 11.24
1981 -12.94
1982 2.91
1983 14.85
1984 -3.35
1985 9.57
1986 6.60
1987 0.27
1988 3.09
1989 4.90
1990 1.25
1991 -3.14
1992 22.08
1993 17.71
1994 7.97
1995 19.48
1996 3.13
1997 7.36
1998 12.26
1999 3.97
2000 4.09
2001 2.48
2002 8.73
2003 12.74
2004 18.77
2005 31.67
2006 20.00
2007 8.11
2008 17.50
2009 -3.66
2010 13.68
2011 18.85
2012 5.40
2013 -6.38
2014 1.33
2015 -4.03
2016 4.47
2017 16.36
2018 10.52
2019 -0.44
2020 -12.90

Imports of goods and services (% of GDP)

Imports of goods and services (% of GDP) in South Asia was 19.49 as of 2020. Its highest value over the past 60 years was 30.30 in 2012, while its lowest value was 5.73 in 1972.

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
1960 8.39
1961 7.88
1962 7.85
1963 7.81
1964 7.68
1965 7.53
1966 8.68
1967 8.12
1968 7.03
1969 6.30
1970 6.38
1971 6.25
1972 5.73
1973 6.61
1974 8.18
1975 8.98
1976 9.10
1977 8.63
1978 9.17
1979 10.98
1980 12.33
1981 11.51
1982 11.18
1983 10.74
1984 10.61
1985 10.48
1986 9.53
1987 9.27
1988 9.86
1989 10.62
1990 10.83
1991 11.16
1992 12.33
1993 13.19
1994 12.89
1995 14.73
1996 14.45
1997 14.59
1998 14.77
1999 15.17
2000 15.39
2001 15.12
2002 16.17
2003 16.51
2004 19.52
2005 22.52
2006 24.73
2007 24.94
2008 28.96
2009 25.49
2010 26.29
2011 30.13
2012 30.30
2013 27.82
2014 25.69
2015 22.40
2016 21.12
2017 22.05
2018 24.00
2019 21.66
2020 19.49

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments