Imports Of Goods And Services (% of GDP)

South America Ranking

percent of GDPSource: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	Guyana	109.73	2005	1	105.16
2	Suriname	38.41	2010	2	43.8
3 ↑	Venezuela	31.4	2014	5	29.51
4 ↓	Paraguay	29.33	2020	3	35.16
5 ↑	Chile	26.3	2020	6	28.85
6 ↓	Bolivia	25.3	2020	4	31.43
7	Peru	21.1	2020	7	22.89
8	Uruguay	21	2020	8	21.86
9	Colombia	20.13	2020	9	21.67
10 ↑	Brazil	15.48	2020	11	14.35
11 ↓	Argentina	13.56	2020	10	14.52

Definition of Imports Of Goods And Services (% of GDP)

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.