| 词条 | Trade-to-GDP ratio |
| 释义 |
The trade-to-GDP ratio is an indicator of the relative importance of international trade in the economy of a country. It is calculated by dividing the aggregate value of imports and exports over a period by the gross domestic product for the same period. Although called a ratio, it is usually expressed as a percentage. It is used as a measure of the openness of a country to international trade, and so may also be called the trade openness ratio.{{r|harris|oecd|page1=63}} It may be seen as an indicator of the degree of globalisation of an economy.{{r|harris|page1=64}} Other factors aside, the trade-to-GDP ratio tends to be low in countries with large economies and large populations such as Japan and the United States, and to have a higher value in small economies.{{r|harris|oecd|page1=63}} Singapore has the highest trade-to-GDP ratio of any country; between 2008 and 2011 it averaged about 400%.{{r|wto|page=vii}} Worldwide trade-to-GDP ratio rose from just over 20% in 1995 to about 30% in 2014.{{r|wto2|page=17}} See also
References1. ^OECD Science, Technology and Industry Scoreboard 2011: 6. Competing in the Global Economy: 6. Trade openness. Organisation for Economic Co-operation and Development. Accessed November 2015. .[1][2][3]2. ^[Trade Policy Review Body] (2012). [https://www.wto.org/english/tratop_e/tpr_e/s267_sum_e.pdf Trade Policy Review: Report by the Secretariat: Singapore; Revision (Summary)]. World Trade Organization. Accessed November 2015. 3. ^[s.n.] (2015). [https://www.wto.org/english/res_e/statis_e/its2015_e/its15_highlights_e.pdf World trade and the WTO: 1995-2014]. World Trade Organization: International Trade Statistics. Accessed November 2015. }}{{economics-stub}} 1 : Macroeconomic indicators |
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