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

Imports of goods and services (% of GDP) in Sudan was 0.35 as of 2020. Its highest value over the past 60 years was 24.42 in 1982, while its lowest value was 0.35 in 2020.

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 13.00
1961 14.35
1962 15.05
1963 18.04
1964 17.94
1965 15.05
1966 13.95
1967 15.54
1968 16.84
1969 15.40
1970 16.41
1971 17.18
1972 16.67
1973 17.02
1974 20.73
1975 22.70
1976 19.14
1977 16.63
1978 15.21
1979 19.36
1980 23.15
1981 23.65
1982 24.42
1983 21.24
1984 16.47
1985 11.88
1986 8.22
1987 11.13
1988 7.69
1989 9.34
1990 7.07
1991 11.74
1992 14.42
1993 7.24
1994 9.92
1995 9.80
1996 13.87
1997 12.51
1998 15.17
1999 16.93
2000 13.42
2001 10.73
2002 14.22
2003 14.19
2004 16.13
2005 21.41
2006 21.11
2007 17.50
2008 17.61
2009 22.58
2010 23.30
2011 13.85
2012 16.05
2013 14.46
2014 0.71
2015 0.77
2016 0.74
2017 0.80
2018 0.68
2019 0.59
2020 0.35

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