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World map by current account balance (% of GDP), 2023, according to World Bank [1]. This is the list of countries by current account balance, expressed in current U.S. dollars and as percentage of GDP, based on the data published by World Bank, United Nations Conference on Trade and Development and Organisation for Economic Co-operation and Development.
World map by trade as a share of GDP. [1] This is the list of countries by trade-to-GDP ratio, i.e. the sum of exports and imports of goods and services, divided by gross domestic product, expressed as a percentage, based on the data published by World Bank.
This is a list of countries by net goods exports, also known as balance of trade, which is the difference between the monetary value of a nation's exports and imports over a certain time period. [1] The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1 .
This article includes a list of countries of the world sorted by current account balance as a percentage of gross domestic product (nominal GDP). The first list includes 2017 data for members of the International Monetary Fund. The UN World Bank cites the IMF as the source for their data on Current Account Balance, and so is not included ...
A trade deficit occurs when a country imports more than it exports — and that’s a good thing for a national economy.Or a terrible thing. Or it might not matter one way or the other. Trade ...
For comparison, the world average in 2021 based on 129 countries is 90.86%. See the global rankings for that indicator or use the country comparator to compare trends over time. [6] [7] Worldwide trade-to-GDP ratio rose from just over 20% in 1995 to about 30% in 2014. [8]: 17
Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money. Countries with high budget deficits (relative to their GDPs) generally have more difficulty raising funds to finance expenditures, than those with lower deficits." [12]
Instead, our trade deficit surged another 40 percent before Donald Trump took office in 2017. ... This is why the U.S. has so few bilateral trade agreements compared to countries like Mexico ...