Analysis of GDP Growth in Small Countries Through International Trade

Desklib provides past papers and solved assignments for students. This report analyzes the impact of international trade on small countries' GDP growth.

International Trade and
Enterprises
Small countries with less population and their
GDP growth

Table of Content
 Introduction
 Small countries with GDP revenues
 Industries
Impact on GDP/Standard Living
 Conclusion
 References

Introduction
This report explains that from past few years
small countries with less population are
performing better than developed countries.
These developing countries have better place
at UN’s HDI (Human development index).
These countries have better infrastructure
than other developed countries.

Small Countries with GDP revenues
 The following are the few small
countries with less population
which took advantages of global
trade in past few years:
 Singapore – The trade volume
percentage is 326%.
 Maldives – The trade volume
percentage is 201%.
 Luxembourg – The trade volume
percentage is 391%.

Industries
 Private industries
 Government industries
 Domestic industries
 Export industry
 Real estate & advance building industry
 Aviation industry
 Research & Innovation industry

Impact on GDP/Standard Living
 The growing developing countries' GDP
share increased by 23% to 40% among other
developed countries in world GDP growth.
 The GDP per capita increased in these
developing countries from last some years.
 The infrastructure is getting better in small
countries.
 Healthcare and education systems are
getting better day by day.
 Small developing countries are taking over
in UN’s HDI (Human development index).

Conclusion
 The growth in small countries’ GDP
increased in last some years rapidly.
It helps them to grow and provide better
infrastructure to their citizens.
 some countries are doing better than other
developed countries.
 The open trade helps to small countries to
grow their GDP and standard living.

References
 The World Trade Report. 2014. B. The
increasing importance of developing
countries in the global economy. WORLD
TRADE REPORT 2014, pp. 54-71.
Brien, O. B., 2016. 10 small countries who
are major players in the international trade
world. [Online] Trade Ready, Available at:
http://www.tradeready.ca/2016/topics/researc
hdevelopment/10-small-countries-major-
players-international-trade-world/ [Accessed
on: April 27, 2019]