macro · macro
Trade openness: trade, exports and imports as a share of GDP
The standard openness triplet from the World Bank Indicators API, annual, from 1970. Useful as the denominator layer under every trade question on the site.
Exports of goods and services (% of GDP)
Definitions and method
Ratios computed by the World Bank from national accounts; trade equals the sum of exports and imports of goods and services divided by GDP.
| Indicator | Code | Unit |
|---|---|---|
| Exports of goods and services (% of GDP) | NE.EXP.GNFS.ZS | — |
| Imports of goods and services (% of GDP) | NE.IMP.GNFS.ZS | — |
| Trade (% of GDP) | NE.TRD.GNFS.ZS | — |