Global trade openness over time
Global trade openness over time
By Agathe Demarais @AgatheDemarais
"A historical perspective on trade and globalisation... World's merchandise exports have grown from ~5% of global GDP in 1950s to 20-25% currently. Average tariffs rate has been declining for three decades almost everywhere; United States among only exceptions."
A historical perspective on trade and globalisation...
— Agathe Demarais (@AgatheDemarais) October 22, 2021
• World's merchandise exports have grown from ~5% of global GDP in 1950s to 20-25% currently
• Average tariffs rate has been declining for three decades almost everywhere; 🇺🇸 among only exceptions pic.twitter.com/0zB5pODOhy
Related Datasets
BOP - Global - World Bank - Trade - Trade as a Share of GDP
BOP - Global - World Bank - Trade - Mean Weighted Tariff Rate
GlobalBalance of Payments (old)
