<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Chart 2: Trade is growing faster in emerging and developing economies</label>
    <description><![CDATA[Annual data, index: 1980 = 100

Note: High-income countries are defined by the World Bank as economies with a gross national income per capita of more than US$14,005. For more detail, see the World Bank Country and Lending Groups list.

Sources: World Bank and Bank of Canada calculations]]></description>
    <link>https://www.bankofcanada.ca/?p=240647</link>
</groupDetail>
<seriesDetail>
<series id="SPEECH_MACK20240910_C2_S1">
<label>High-income countries</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="SPEECH_MACK20240910_C2_S2">
<label>Low- and middle-income countries</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="SPEECH_MACK20240910_C2_S3">
<label>World</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
</seriesDetail>
<observations>
<o d="1980-12-31"><v s="SPEECH_MACK20240910_C2_S1">100.00</v><v s="SPEECH_MACK20240910_C2_S2">100.00</v><v s="SPEECH_MACK20240910_C2_S3">100.00</v></o>
<o d="1981-12-31"><v s="SPEECH_MACK20240910_C2_S1">99.73</v><v s="SPEECH_MACK20240910_C2_S2">102.03</v><v s="SPEECH_MACK20240910_C2_S3">100.13</v></o>
<o d="1982-12-31"><v s="SPEECH_MACK20240910_C2_S1">93.91</v><v s="SPEECH_MACK20240910_C2_S2">95.24</v><v s="SPEECH_MACK20240910_C2_S3">94.07</v></o>
<o d="1983-12-31"><v s="SPEECH_MACK20240910_C2_S1">91.71</v><v s="SPEECH_MACK20240910_C2_S2">88.95</v><v s="SPEECH_MACK20240910_C2_S3">90.91</v></o>
<o d="1984-12-31"><v s="SPEECH_MACK20240910_C2_S1">97.75</v><v s="SPEECH_MACK20240910_C2_S2">91.26</v><v s="SPEECH_MACK20240910_C2_S3">96.37</v></o>
<o d="1985-12-31"><v s="SPEECH_MACK20240910_C2_S1">99.47</v><v s="SPEECH_MACK20240910_C2_S2">90.20</v><v s="SPEECH_MACK20240910_C2_S3">97.59</v></o>
<o d="1986-12-31"><v s="SPEECH_MACK20240910_C2_S1">113.99</v><v s="SPEECH_MACK20240910_C2_S2">85.57</v><v s="SPEECH_MACK20240910_C2_S3">108.77</v></o>
<o d="1987-12-31"><v s="SPEECH_MACK20240910_C2_S1">135.43</v><v s="SPEECH_MACK20240910_C2_S2">96.89</v><v s="SPEECH_MACK20240910_C2_S3">128.52</v></o>
<o d="1988-12-31"><v s="SPEECH_MACK20240910_C2_S1">154.67</v><v s="SPEECH_MACK20240910_C2_S2">112.67</v><v s="SPEECH_MACK20240910_C2_S3">147.11</v></o>
<o d="1989-12-31"><v s="SPEECH_MACK20240910_C2_S1">166.10</v><v s="SPEECH_MACK20240910_C2_S2">112.99</v><v s="SPEECH_MACK20240910_C2_S3">156.48</v></o>
<o d="1990-12-31"><v s="SPEECH_MACK20240910_C2_S1">191.09</v><v s="SPEECH_MACK20240910_C2_S2">126.55</v><v s="SPEECH_MACK20240910_C2_S3">179.43</v></o>
<o d="1991-12-31"><v s="SPEECH_MACK20240910_C2_S1">197.22</v><v s="SPEECH_MACK20240910_C2_S2">131.20</v><v s="SPEECH_MACK20240910_C2_S3">185.35</v></o>
<o d="1992-12-31"><v s="SPEECH_MACK20240910_C2_S1">210.16</v><v s="SPEECH_MACK20240910_C2_S2">146.58</v><v s="SPEECH_MACK20240910_C2_S3">198.87</v></o>
<o d="1993-12-31"><v s="SPEECH_MACK20240910_C2_S1">208.24</v><v s="SPEECH_MACK20240910_C2_S2">163.54</v><v s="SPEECH_MACK20240910_C2_S3">200.44</v></o>
<o d="1994-12-31"><v s="SPEECH_MACK20240910_C2_S1">233.37</v><v s="SPEECH_MACK20240910_C2_S2">187.18</v><v s="SPEECH_MACK20240910_C2_S3">225.24</v></o>
<o d="1995-12-31"><v s="SPEECH_MACK20240910_C2_S1">275.54</v><v s="SPEECH_MACK20240910_C2_S2">223.11</v><v s="SPEECH_MACK20240910_C2_S3">266.29</v></o>
<o d="1996-12-31"><v s="SPEECH_MACK20240910_C2_S1">280.10</v><v s="SPEECH_MACK20240910_C2_S2">242.96</v><v s="SPEECH_MACK20240910_C2_S3">273.90</v></o>
<o d="1997-12-31"><v s="SPEECH_MACK20240910_C2_S1">286.94</v><v s="SPEECH_MACK20240910_C2_S2">269.14</v><v s="SPEECH_MACK20240910_C2_S3">284.44</v></o>
<o d="1998-12-31"><v s="SPEECH_MACK20240910_C2_S1">288.36</v><v s="SPEECH_MACK20240910_C2_S2">255.74</v><v s="SPEECH_MACK20240910_C2_S3">282.98</v></o>
<o d="1999-12-31"><v s="SPEECH_MACK20240910_C2_S1">308.81</v><v s="SPEECH_MACK20240910_C2_S2">268.86</v><v s="SPEECH_MACK20240910_C2_S3">302.08</v></o>
<o d="2000-12-31"><v s="SPEECH_MACK20240910_C2_S1">341.66</v><v s="SPEECH_MACK20240910_C2_S2">318.20</v><v s="SPEECH_MACK20240910_C2_S3">338.32</v></o>
<o d="2001-12-31"><v s="SPEECH_MACK20240910_C2_S1">330.01</v><v s="SPEECH_MACK20240910_C2_S2">316.68</v><v s="SPEECH_MACK20240910_C2_S3">328.48</v></o>
<o d="2002-12-31"><v s="SPEECH_MACK20240910_C2_S1">345.28</v><v s="SPEECH_MACK20240910_C2_S2">342.56</v><v s="SPEECH_MACK20240910_C2_S3">345.58</v></o>
<o d="2003-12-31"><v s="SPEECH_MACK20240910_C2_S1">399.35</v><v s="SPEECH_MACK20240910_C2_S2">399.65</v><v s="SPEECH_MACK20240910_C2_S3">400.16</v></o>
<o d="2004-12-31"><v s="SPEECH_MACK20240910_C2_S1">479.01</v><v s="SPEECH_MACK20240910_C2_S2">512.82</v><v s="SPEECH_MACK20240910_C2_S3">486.51</v></o>
<o d="2005-12-31"><v s="SPEECH_MACK20240910_C2_S1">538.54</v><v s="SPEECH_MACK20240910_C2_S2">617.34</v><v s="SPEECH_MACK20240910_C2_S3">554.99</v></o>
<o d="2006-12-31"><v s="SPEECH_MACK20240910_C2_S1">609.96</v><v s="SPEECH_MACK20240910_C2_S2">735.02</v><v s="SPEECH_MACK20240910_C2_S3">635.57</v></o>
<o d="2007-12-31"><v s="SPEECH_MACK20240910_C2_S1">700.34</v><v s="SPEECH_MACK20240910_C2_S2">888.85</v><v s="SPEECH_MACK20240910_C2_S3">738.31</v></o>
<o d="2008-12-31"><v s="SPEECH_MACK20240910_C2_S1">792.32</v><v s="SPEECH_MACK20240910_C2_S2">1078.14</v><v s="SPEECH_MACK20240910_C2_S3">849.19</v></o>
<o d="2009-12-31"><v s="SPEECH_MACK20240910_C2_S1">627.59</v><v s="SPEECH_MACK20240910_C2_S2">883.65</v><v s="SPEECH_MACK20240910_C2_S3">677.99</v></o>
<o d="2010-12-31"><v s="SPEECH_MACK20240910_C2_S1">725.24</v><v s="SPEECH_MACK20240910_C2_S2">1133.65</v><v s="SPEECH_MACK20240910_C2_S3">804.32</v></o>
<o d="2011-12-31"><v s="SPEECH_MACK20240910_C2_S1">847.01</v><v s="SPEECH_MACK20240910_C2_S2">1378.03</v><v s="SPEECH_MACK20240910_C2_S3">950.05</v></o>
<o d="2012-12-31"><v s="SPEECH_MACK20240910_C2_S1">850.09</v><v s="SPEECH_MACK20240910_C2_S2">1439.92</v><v s="SPEECH_MACK20240910_C2_S3">964.37</v></o>
<o d="2013-12-31"><v s="SPEECH_MACK20240910_C2_S1">871.33</v><v s="SPEECH_MACK20240910_C2_S2">1492.20</v><v s="SPEECH_MACK20240910_C2_S3">991.07</v></o>
<o d="2014-12-31"><v s="SPEECH_MACK20240910_C2_S1">885.85</v><v s="SPEECH_MACK20240910_C2_S2">1522.26</v><v s="SPEECH_MACK20240910_C2_S3">1008.00</v></o>
<o d="2015-12-31"><v s="SPEECH_MACK20240910_C2_S1">789.24</v><v s="SPEECH_MACK20240910_C2_S2">1362.78</v><v s="SPEECH_MACK20240910_C2_S3">899.87</v></o>
<o d="2016-12-31"><v s="SPEECH_MACK20240910_C2_S1">780.48</v><v s="SPEECH_MACK20240910_C2_S2">1299.16</v><v s="SPEECH_MACK20240910_C2_S3">880.82</v></o>
<o d="2017-12-31"><v s="SPEECH_MACK20240910_C2_S1">853.82</v><v s="SPEECH_MACK20240910_C2_S2">1461.58</v><v s="SPEECH_MACK20240910_C2_S3">971.22</v></o>
<o d="2018-12-31"><v s="SPEECH_MACK20240910_C2_S1">934.09</v><v s="SPEECH_MACK20240910_C2_S2">1627.41</v><v s="SPEECH_MACK20240910_C2_S3">1067.67</v></o>
<o d="2019-12-31"><v s="SPEECH_MACK20240910_C2_S1">920.79</v><v s="SPEECH_MACK20240910_C2_S2">1611.63</v><v s="SPEECH_MACK20240910_C2_S3">1053.83</v></o>
<o d="2020-12-31"><v s="SPEECH_MACK20240910_C2_S1">833.88</v><v s="SPEECH_MACK20240910_C2_S2">1449.75</v><v s="SPEECH_MACK20240910_C2_S3">952.62</v></o>
<o d="2021-12-31"><v s="SPEECH_MACK20240910_C2_S1">1022.22</v><v s="SPEECH_MACK20240910_C2_S2">1880.38</v><v s="SPEECH_MACK20240910_C2_S3">1187.33</v></o>
<o d="2022-12-31"><v s="SPEECH_MACK20240910_C2_S1">1153.33</v><v s="SPEECH_MACK20240910_C2_S2">2140.22</v><v s="SPEECH_MACK20240910_C2_S3">1343.31</v></o>
<o d="2023-12-31"><v s="SPEECH_MACK20240910_C2_S1">1129.24</v><v s="SPEECH_MACK20240910_C2_S2">2056.53</v><v s="SPEECH_MACK20240910_C2_S3">1309.68</v></o>
</observations>
</data>