Figure 3 U.S. Share of World Gross Domestic Product and Merchandise Exports: 1990-2008
Wednesday, December 21, 2011
Figure 3
U.S. Share of World Gross Domestic Product and Merchandise Exports: 1990-2008
Excel | CSV | Graphic Version
| Year | U.S. share of world GDP (percent) | U.S. share of world merchandise exports |
|---|---|---|
| 1990 | 27.5 | 11.6 |
| 1991 | 26.8 | 12.1 |
| 1992 | 26.2 | 12.0 |
| 1993 | 26.8 | 12.5 |
| 1994 | 26.5 | 12.0 |
| 1995 | 25.0 | 11.5 |
| 1996 | 25.8 | 11.8 |
| 1997 | 27.5 | 12.5 |
| 1998 | 29.2 | 12.6 |
| 1999 | 29.8 | 12.3 |
| 2000 | 30.7 | 12.2 |
| 2001 | 31.9 | 11.9 |
| 2002 | 31.7 | 10.8 |
| 2003 | 29.5 | 9.6 |
| 2004 | 28.0 | 9.0 |
| 2005 | 27.5 | 8.7 |
| 2006 | 27.0 | 8.7 |
| 2007 | 25.1 | 8.4 |
| 2008 | 23.4 | 8.1 |
SOURCES: U.S. Department of Transportation, Research and Innovative Technology Administration, Bureau of Transportation Statistics, based on data from various sources. GDP-International Monetary Fund, World Economic Outlook Database, April 2009. Available at www.imf.org/external/data.htm as of Sept. 14, 2009. Trade-International Monetary Fund, Direction of Trade Statistics. Available at www.imfstatistics.org/dot as of Sept. 14, 2009.
- The U.S. share of world GDP and merchandise exports increased from 1995 to 2001 during the "dot-com boom" period of U.S. economic expansion. Since 2001, the expansion of developing economies in Asia-notably China's economy-contributed to the decline of the U.S. share of world GDP and merchandise exports.
- Top goods exports from the United States include civilian aircraft and parts, motor vehicles and parts, electrical equipment, electronics, and medical equipment (USDOC CB FTD 2009).