Exports of goods and services (constant 2015 US$)

This economic indicator captures the total value of all goods and tangible services produced by a nation and sold to foreign markets, expressed in constant 2015 U.S. dollars to account for inflation. The measure encompasses a diverse array of items, including physical merchandise, transport logistics, and various service sectors such as financial consulting, tourism, and governmental services, contributing significantly to the economic health of a country. Importantly, it does not account for employee compensation or investment income, focusing solely on market-driven transactions. By evaluating exports in constant terms, analysts can gain valuable insights into trade performance and global competitiveness, aiding policymakers in formulating strategies to enhance economic growth and address trade imbalances. Source: