Latin America and Caribbean Compared by Economy > GDP > Composition, by end use > Exports of goods and services

DEFINITION: This entry is derived from Economy > GDP > Composition, by end use, which shows who does the spending in an economy: consumers, businesses, government, and foreigners. The distribution gives the percentage contribution to total GDP of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of GDP if the data are complete.
household consumption consists of expenditures by resident households, and by nonprofit institutions that serve households, on goods and services that are consumed by individuals. This includes consumption of both domestically produced and foreign goods and services.
government consumption consists of government expenditures on goods and services. These figures exclude government transfer payments, such as interest on debt, unemployment, and social security, since such payments are not made in exchange for goods and services supplied.
investment in fixed capital consists of total business spending on fixed assets, such as factories, machinery, equipment, dwellings, and inventories of raw materials, which provide the basis for future production. It is measured gross of the depreciation of the assets, i.e., it includes investment that merely replaces worn-out or scrapped capital. Earlier editions of The World Factbook referred to this concept as Investment (gross fixed) and that data now have been moved to this new field.
investment in inventories consists of net changes to the stock of outputs that are still held by the units that produce them, awaiting further sale to an end user, such as automobiles sitting on a dealer’s lot or groceries on the store shelves. This figure may be positive or negative. If the stock of unsold output increases during the relevant time period, investment in inventories is positive, but, if the stock of unsold goods declines, it will be negative. Investment in inventories normally is an early indicator of the state of the economy. If the stock of unsold items increases unexpectedly – because people stop buying - the economy may be entering a recession; but if the stock of unsold items falls - and goods "go flying off the shelves" - businesses normally try to replace those stocks, and the economy is likely to accelerate.
exports of goods and services consist of sales, barter, gifts, or grants of goods and services from residents to nonresidents.
imports of goods and ...
Full definition


1 Trinidad and Tobago 92.4% 2013
2 Panama 83.4% 2013
3 Bermuda 68.1% 2013
4 Belize 67.5% 2013
5 Cayman Islands 60.8% 2013
6 Guyana 60.2% 2013
7 Suriname 58.6% 2013
8 Paraguay 51.3% 2013
9 Honduras 50.4% 2013
10 Saint Lucia 49.6% 2013
11 Bolivia 47.3% 2013
12 Antigua and Barbuda 47% 2013
13 The Bahamas 44.8% 2013
14 Barbados 42.5% 2013
15 Dominica 40.1% 2013
16 Nicaragua 39.8% 2013
17 Costa Rica 37.7% 2013
18 Chile 34.2% 2013
19 Jamaica 33.7% 2013
20 Saint Kitts and Nevis 33.5% 2013
21 Mexico 32.9% 2013
22 Ecuador 31.2% 2013
23 El Salvador 28.2% 2013
24 Saint Vincent and the Grenadines 26.9% 2013
25 Uruguay 26.3% 2013
26 Venezuela 25.8% 2013
27 Peru 25.5% 2013
=28 Cuba 24.9% 2013
=28 Guatemala 24.9% 2013
30 Dominican Republic 24.8% 2013
31 Grenada 24.5% 2013
32 Argentina 19.7% 2013
33 Colombia 18.2% 2013
34 Brazil 12.6% 2013


"Countries Compared by Economy > GDP > Composition, by end use > Exports of goods and services. International Statistics at NationMaster.com", CIA World Factbooks 2010, 2011, 2012, 2013. Aggregates compiled by NationMaster. Retrieved from http://www.nationmaster.com/country-info/group-stats/Latin-America-and-Caribbean/Economy/GDP/Composition,-by-end-use/Exports-of-goods-and-services

Latin America and Caribbean Compared by Economy > GDP > Composition, by end use > Exports of goods and services


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