Is international trade included in GDP?

GDP includes four sub-items: consumption demand, investment demand, government expenditure and net export.

So we can see that exports MINUS imports are net exports calculated by GDP. In the past, China's GDP was largely driven by exports, so international trade must be reflected in GDP.

Gross domestic product (GDP) refers to the final result of the production activities of all permanent units in a country (or region) at market prices in a certain period of time, and is generally recognized as the best indicator to measure the national economic situation. Gross domestic product (GDP) is an important comprehensive statistical indicator in the accounting system, and also the core indicator in China's new national economic accounting system, which reflects the economic strength and market size of a country (or region).

Extended data:

Gross domestic product growth:

Real GDP and nominal GDP are usually unequal (only the fixed price base year for calculating real GDP is equal), and the relationship between them is:

1, real GDP= nominal GDP÷ GDP deflator (refers to the index with the base period of 100),

2. Nominal GDP= actual GDP× GDP deflator;

3. As for the relationship between nominal GDP growth rate and real GDP growth rate, it is

4. Nominal GDP growth rate =[( 1+ real GDP growth rate) ×( 1+ local deflator increase rate )×100%]-1.

Baidu encyclopedia -GDP