10.2: Trade Balances in Historical and International Context
- Page ID
- 393
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Exports of Goods and Services | Current Account Balance | |
United States | 13.5% | –2.3% |
Japan | 16.2% | 0.7% |
Germany | 45.6% | 7.4% |
United Kingdom | 29.8% | –4.2% |
Canada | 30.1% | –3.2% |
Sweden | 43.8% | 6.7% |
Korea | 53.9% | 5.4% |
Mexico | 31.7% | –2.3% |
Brazil | 12.6% | –3.6% |
China | 26.4% | 2.0% |
India | 24.8% | –2.6% |
Nigeria | 18.0% | 4.1% |
World | - | 0.0% |
Key Concepts and Summary
Glossary
- exports of goods and services as a percentage of GDP
- the dollar value of exports divided by the dollar value of a country’s GDP