Figure A
Globalization has steadily increased trade shares of U.S. GDP, 1970–2019
| Date | Goods only | Goods and services |
|---|---|---|
| 1970 | 8.0% | 10.8% |
| 1971 | 8.0% | 10.8% |
| 1972 | 8.6% | 11.3% |
| 1973 | 10.4% | 13.1% |
| 1974 | 13.5% | 16.5% |
| 1975 | 12.6% | 15.5% |
| 1976 | 13.1% | 16.0% |
| 1977 | 13.5% | 16.4% |
| 1978 | 13.9% | 17.0% |
| 1979 | 15.2% | 18.4% |
| 1980 | 16.8% | 20.1% |
| 1981 | 16.0% | 19.4% |
| 1982 | 14.1% | 17.5% |
| 1983 | 13.4% | 16.7% |
| 1984 | 14.1% | 17.5% |
| 1985 | 13.2% | 16.6% |
| 1986 | 13.1% | 16.9% |
| 1987 | 14.0% | 18.0% |
| 1988 | 15.0% | 19.1% |
| 1989 | 15.2% | 19.4% |
| 1990 | 15.3% | 19.8% |
| 1991 | 15.1% | 19.8% |
| 1992 | 15.3% | 20.0% |
| 1993 | 15.5% | 20.0% |
| 1994 | 16.4% | 21.1% |
| 1995 | 17.7% | 22.5% |
| 1996 | 17.8% | 22.7% |
| 1997 | 18.5% | 23.4% |
| 1998 | 17.9% | 22.8% |
| 1999 | 18.3% | 23.3% |
| 2000 | 20.0% | 25.0% |
| 2001 | 18.1% | 22.8% |
| 2002 | 17.4% | 22.2% |
| 2003 | 17.7% | 22.5% |
| 2004 | 19.1% | 24.4% |
| 2005 | 20.2% | 25.6% |
| 2006 | 21.3% | 26.9% |
| 2007 | 21.9% | 28.0% |
| 2008 | 23.4% | 29.9% |
| 2009 | 18.3% | 24.6% |
| 2010 | 21.5% | 28.1% |
| 2011 | 23.8% | 30.8% |
| 2012 | 23.6% | 30.6% |
| 2013 | 23.0% | 30.0% |
| 2014 | 22.9% | 30.0% |
| 2015 | 20.8% | 27.7% |
| 2016 | 19.6% | 26.5% |
| 2017 | 20.1% | 27.1% |
| 2018 | 20.6% | 27.5% |
| 2019 | 19.5% | 26.3% |
Source: EPI analysis of Bureau of Economic Analysis NIPA [Table 1.1.5] Gross Domestic Product.
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