Chart of the day: US economic interdependence with globalization

Saturday, June 30, 2012 at 1:01PM
Thomas P.M. Barnett in Chart of the day, US, economy, global economy, globalization

From the Financial Times and very interesting.

Key fact:  goods and services trade only 1/5th of US economy in 1980.  Now it's one-third.

 

Other key data:

 

• US outward FDI stock 13% of GDP in 1990 and 33% now.
• Inward is 9% in 1990 and 24% now.
• So combined = 22% of GDP in 1990 and 57% now.

 

We also have the highest percentage of foreign born citizens since 1920.

Article originally appeared on Thomas P.M. Barnett (https://thomaspmbarnett.com/).