Economic Indicators
Select indicator

Exports, percent of GDP

(percent, source: The World Bank)


Exports of goods and services as percent of GDP: For that indicator, The World Bank provides data for from to . The average value for during that period was percent with a minumum of 0 percent in 2020 and a maximum of -1000000000000000 percent in .


From:    To:

Do you need help on your research project? We can assist with data collection and analysis, feedback, editing and proofreading. From our partners at simplesite.com: a simple way to create your own professional website.

The exports of and other countries are calculated as the total amount of goods and services produced at home and sold abroad. Exports are often reported as percent of GDP so that we can evaluate their magnitude relative to the size of the economy.

If exports are about 15 percent or less of GDP the economy is considered relatively closed as only 15 percent of its products are sold internationally. That, for example, applies to the U.S. In contrast, many small European countries export over 40 percent of their production. They are considered more open to international trade.
The global economy explained in a brief and easy guide to the world economy. Exports, percent of GDP rankings around the world. Create and download charts for Exports, percent of GDP and other indicators with the country comparator.

Exports, percent of GDP: Compare to other countries


Do you need help on your research project? We can assist with data collection and analysis, feedback, editing and proofreading. From our partners at simplesite.com: a simple way to create your own professional website.

World Bank definition: Exports of goods and services represent the value of all goods and other market services provided to 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.