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Caribbean Region: Review of Economic Growth and ... - USITC

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Table D.1–ContinuedTable or figurename Indicator Source DefinitionSelectedinternationalintegrationindicatorsExports <strong>of</strong> goods<strong>and</strong> services (% <strong>of</strong>GDP)WDI [Exports <strong>of</strong>goods <strong>and</strong>services (% <strong>of</strong>GDP)]Exports <strong>of</strong> goods <strong>and</strong> services represent the value <strong>of</strong> all goods <strong>and</strong> othermarket services provided to the rest <strong>of</strong> the world. They include the value <strong>of</strong>merch<strong>and</strong>ise, freight, insurance, transport, travel, royalties, license fees, <strong>and</strong>other services, such as communication, construction, financial, information,business, personal, <strong>and</strong> government services. They exclude labor <strong>and</strong>property income (formerly called factor services) as well as transfer payments.SelectedinternationalintegrationindicatorsImports <strong>of</strong> goods<strong>and</strong> services (% <strong>of</strong>GDP)WDI [Imports <strong>of</strong>goods <strong>and</strong>services (% <strong>of</strong>GDP)]Imports <strong>of</strong> goods <strong>and</strong> services represent the value <strong>of</strong> all goods <strong>and</strong> othermarket services received from the rest <strong>of</strong> the world. They include the value <strong>of</strong>merch<strong>and</strong>ise, freight, insurance, transport, travel, royalties, license fees, <strong>and</strong>other services, such as communication, construction, financial, information,business, personal, <strong>and</strong> government services. They exclude labor <strong>and</strong>property income (formerly called factor services) as well as transfer payments.SelectedinternationalintegrationindicatorsExportconcentrationindicator:Herfindahl-Hirschmann indexUNCTADH<strong>and</strong>book <strong>of</strong>Statistics on line[ConcentrationIndex]The Herfindahl-Hirschmann index is a measure <strong>of</strong> the degree <strong>of</strong> marketconcentration. It has been normalized to obtain values ranking from 0 to 1(maximum concentration). Values closer to 1 imply more concentration (lessdiversification). World value is 0.067SelectedinternationalintegrationindicatorsExportconcentrationindicator: number<strong>of</strong> productsexportedUNCTADH<strong>and</strong>book <strong>of</strong>Statistics on line[Number <strong>of</strong>products]The number <strong>of</strong> products exported <strong>and</strong> imported is calculated at three-digitSITC, Revision 3 level; the table includes only those products whose value,when exported or imported, exceeds $100,000 or 0.3 per cent <strong>of</strong> a country'stotal exports. World value is 260.SelectedinternationalintegrationindicatorsMFN tariffs, total,applied 2006(simple average <strong>of</strong>ad-valorem duties,%)• Agriculturalgoods• Non-agriculturalgoodsWTO countrypr<strong>of</strong>ileSimple average <strong>of</strong> MFN applied duties.

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