GDP

The GDP makes news a couple of days every three months when the figures come out but many people are not aware that imports/exports are part of the GDP. Last year imports exceeded imports by $600 billion dollars. In 2018 there were $2.5 trillion in exports and $3.1 trillion in imports of both goods and services.The United States. This means that $600 billion was subtracted from the GDP figure. Germany for example has more exports that imports and the result is that they have a budget surplus. Their debt to GDP ration is 54% whereas ours is 110%