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Q: US Exports and imports as a percent of GDP for 1960 and 1970 ( Answered,   0 Comments )
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Subject: US Exports and imports as a percent of GDP for 1960 and 1970
Category: Miscellaneous
Asked by: cgreen23-ga
List Price: $15.00
Posted: 13 Jan 2003 14:57 PST
Expires: 12 Feb 2003 14:57 PST
Question ID: 142215
U.S. Exports and imports as a percent of GDP for 1960 and 1970
Answer  
Subject: Re: US Exports and imports as a percent of GDP for 1960 and 1970
Answered By: tar_heel_v-ga on 13 Jan 2003 15:21 PST
 
cgreen23..

Thank you for your question.  In 1960, the GDP was $527.4 billion and
exports made up 4.9% of the GDP while imports made up 4.40%.  In 1970,
the GDP was $1.04 trillion and exports rose to 5.6% while imports went
up to 5.52% of the GDP.  For your reference, here are some more
export/import percentages as they relate to GDP:

1980:
GDP:  $2.795 trillion
Export:  10.31%
Import:  10.85%

1990:
GDP:  $5.803 trillion
Export:  10.04%
Import:  11.33%

You can get some very detailed information regarding GDP break outs
and percentages at the Bureau of Economic Analysis at
http://www.bea.gov/

Thanks again for your question.  If you need any additional
clarification, please let me know prior to rating my answer.

Regards,

-THV

Search Strategy:
1960 United States GDP exports percentage

References:
Economics FAQs
http://bernard.pitzer.edu/~lyamane/FAQs.htm

United States Department of Commerce, Bureau of Economic Analysis
http://www.bea.gov/
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