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Liberia

Liberia Imports Stats

Definitions

  • Commercial service imports > Current US$: Commercial service imports are total service imports minus imports of government services not included elsewhere. International transactions in services are defined by the IMF's Balance of Payments Manual (1993) as the economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Definitions may vary among reporting economies."
  • Customs and other import duties > Current LCU: Customs and other import duties (current LCU). Customs and other import duties are all levies collected on goods that are entering the country or services delivered by nonresidents to residents. They include levies imposed for revenue or protection purposes and determined on a specific or ad valorem basis as long as they are restricted to imported goods or services.
  • Documents to import > Number: Documents to import (number). All documents required per shipment to import goods are recorded. It is assumed that the contract has already been agreed upon and signed by both parties. Documents required for clearance by government ministries, customs authorities, port and container terminal authorities, health and technical control agencies and banks are taken into account. Since payment is by letter of credit, all documents required by banks for the issuance or securing of a letter of credit are also taken into account. Documents that are renewed annually and that do not require renewal per shipment (for example, an annual tax clearance certificate) are not included.
  • Goods and services > BoP > Current US$ > Per $ GDP: 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, goods sent for processing and repairs, nonmonetary gold, and services. Data are in current U.S. dollars. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Imports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
  • Imports of goods and services per capita: GDP by Type of Expenditure at current prices - US dollars. Figures expressed per capita for the same year.
  • Insurance and financial services > % of commercial service imports: Insurance and financial services cover freight insurance on goods imported and other direct insurance such as life insurance; financial intermediation services such as commissions, foreign exchange transactions, and brokerage services; and auxiliary services such as financial market operational and regulatory services."
  • Insurance and financial services > % of service imports: Insurance and financial services (% of service imports, BoP) cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents. Services imports refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the International Monetary Fund's (IMF) Balance of Payments Manual (1993), but definitions may nevertheless vary among reporting economies."
  • Merchandise imports by the reporting economy > Current US$: Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars."
  • Merchandise imports from high-income economies > % of total merchandise imports: Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies as of July 1, 2009. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data."
  • Merchandise imports from third world economies in Europe and Central Asia > % of total merchandise i: Merchandise imports from third world economies in Europe and Central Asia are the sum of merchandise imports by the reporting economy from third world economies in the Europe and Central Asia region according to the World Bank classification of economies as of July 1, 2009. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data."
  • Merchandise imports from third world economies outside region > % of total merchandise imports: Merchandise imports from third world economies outside region are the sum of merchandise imports by the reporting economy from other third world economies in other World Bank regions according to the World Bank classification of economies as of July 1, 2009. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data."
  • Services: Services (previously nonfactor services) refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the IMF's Balance of Payments Manual (1993), but definitions may nevertheless vary among reporting economies. Data are in current U.S. dollars."
  • Spending on imports: 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."
  • Travel services > % of commercial service imports: Travel services (% of commercial service imports) covers goods and services acquired from an economy by travelers in that economy for their own use during visits of less than one year for business or personal purposes. Travel services include the goods and services consumed by travelers, such as lodging, meals, and transport (within the economy visited)."
STAT AMOUNT DATE RANK HISTORY
Commercial service imports > Current US$ $140.68 million 2009 131st out of 143
Customs and other import duties > Current LCU 7.57 billion 2011 41st out of 86
Documents to import > Number 12 2013 10th out of 188
Goods and services > BoP > Current US$ > Per $ GDP 0.397 BoP $ per $1 of GDP 1987 69th out of 174
Imports of goods and services 1.17 billion 2012 171st out of 203
Imports of goods and services per capita 280.24 2012 173th out of 200
Insurance and financial services > % of commercial service imports 2.34% 2009 119th out of 138
Insurance and financial services > % of service imports 0.29% 2009 136th out of 138
Merchandise imports by the reporting economy > Current US$ $12.89 billion 2009 76th out of 180
Merchandise imports from high-income economies > % of total merchandise imports 80.1% 2009 30th out of 177
Merchandise imports from third world economies in Europe and Central Asia > % of total merchandise i 1.74% 2009 82nd out of 122
Merchandise imports from third world economies outside region > % of total merchandise imports 18.96% 2009 75th out of 154
Services 1.15 billion 2009 95th out of 143
Spending on imports 172.61 2008 2nd out of 157
Travel services > % of commercial service imports 20.42% 2009 86th out of 141

SOURCES: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; International Monetary Fund, Government Finance Statistics Yearbook and data files. World Bank World Development Indicators.; World Bank, Doing Business project (http://www.doingbusiness.org/).; World Development Indicators database; United Nations Statistics Division. Source tables; United Nations Statistics Division. Source tables. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; World Bank national accounts data, and OECD National Accounts data files.

Citation

Liberia Economy > Trade > Imports Profiles (Subcategories)

Goods and services 9

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