Trade in goods as a percent of GDP
(charts 4.5
and 5.7)
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Trade in goods as a percent of GDP is the sum of merchandise exports and imports divided by GDP, all of which are valued in
current U.S. dollars. The value taken by the indicator does not give the share of GDP generated by imports and exports; rather,
it indicates that the value of imports and export is equivalent to the resulting percentage of GDP. GDP has been defined previously
(see Gross Domestic Product section).
Source: World Bank, World Development Indicators, Washington, D.C., 2005, table 6.1.
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