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

Imports of goods and services (% of GDP) in Tunisia was 58.62 as of 2018. Its highest value over the past 53 years was 58.69 in 2008, while its lowest value was 10.85 in 1968.

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
1965 14.40
1966 13.49
1967 14.53
1968 10.85
1969 12.67
1970 24.75
1971 24.43
1972 24.74
1973 26.41
1974 32.21
1975 32.92
1976 34.01
1977 38.01
1978 38.74
1979 41.97
1980 45.60
1981 49.84
1982 47.44
1983 42.72
1984 44.33
1985 38.13
1986 37.30
1987 35.82
1988 41.66
1989 47.66
1990 50.60
1991 45.32
1992 46.47
1993 47.97
1994 47.87
1995 48.81
1996 43.61
1997 41.39
1998 41.46
1999 39.93
2000 42.91
2001 46.74
2002 44.56
2003 42.91
2004 44.73
2005 45.32
2006 47.91
2007 52.98
2008 58.69
2009 47.98
2010 52.19
2011 54.05
2012 55.64
2013 54.07
2014 53.16
2015 48.82
2016 48.65
2017 54.07
2018 58.62

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