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October 5, 2008    DOL Home > OASP > Chartbook of International Labor Comparisons > Chart 4.5


CHART 4.5

Trade in goods as a percent of GDP, 2005

  • This indicator shows the relative importance of trade in goods to an economy; the United States and Japan had the lowest ratios.
  • The relatively high figures for Singapore and the Netherlands reflect their status as platforms for re-exports and trans-shipments.

Text only

Chart of Trade in goods as a percent of GDP, 2005

SOURCE: World Bank.


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