Nations With Less Trade Freedom Have Large Trade Deficits
Created on October 7, 2011
Trade Surplus or Deficit as Percentage of GDP, by Trade Freedom Score Group
Chart 6 • B 2614
Sources: Heritage Foundation calculations from the 2012 Index of Economic Freedom (forthcoming January 2012) and The World Bank, “External balance on goods and services (% of GDP),” at http://data.worldbank.org/indicator/NE.RSB.GNFS.ZS (September 12, 2011). Figures based on data for 168 countries.