Africa's Development Dynamics (AfDD) Table 17 - Trade by in Economic Community of West African States (ECOWAS)
Economic Community of West African States (ECOWAS): Africa's Development Dynamics (AfDD) Table 17 - Trade by was 56,031 US dollar in 2022. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 17 - Trade by in Economic Community of West African States (ECOWAS), 2000–2022
Source: Organisation for Economic Co-operation and Development. Measured in US dollar.
Analysis
In 2022, africa's development dynamics (afdd) table 17 - trade by in Economic Community of West African States (ECOWAS) stood at 56,031 US dollar. That is the highest value across all 22 years on record.
The figure is up 10.5% on the previous year and up 41.0% over ten years.
Over the whole period, africa's development dynamics (afdd) table 17 - trade by in Economic Community of West African States (ECOWAS) peaked at 56,031 US dollar in 2022 and was at its lowest, 5,306 US dollar, in 2000.
Economic Community of West African States (ECOWAS) ranks 14th of 28 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development Dynamics (AfDD) Table 17 - Trade by in Economic Community of West African States (ECOWAS), year by year
| Year | US dollar | Change |
|---|---|---|
| 2000 | 5,306 US dollar | — |
| 2002 | 6,417 US dollar | +20.9% |
| 2003 | 6,491 US dollar | +1.2% |
| 2004 | 7,221 US dollar | +11.3% |
| 2005 | 10,584 US dollar | +46.6% |
| 2006 | 12,389 US dollar | +17.1% |
| 2007 | 13,592 US dollar | +9.7% |
| 2008 | 17,500 US dollar | +28.8% |
| 2009 | 15,040 US dollar | -14.1% |
| 2010 | 24,231 US dollar | +61.1% |
| 2011 | 31,293 US dollar | +29.1% |
| 2012 | 39,728 US dollar | +27.0% |
| 2013 | 34,826 US dollar | -12.3% |
| 2014 | 35,379 US dollar | +1.6% |
| 2015 | 29,132 US dollar | -17.7% |
| 2016 | 31,887 US dollar | +9.5% |
| 2017 | 33,602 US dollar | +5.4% |
| 2018 | 38,730 US dollar | +15.3% |
| 2019 | 43,158 US dollar | +11.4% |
| 2020 | 42,870 US dollar | -0.7% |
| 2021 | 50,704 US dollar | +18.3% |
| 2022 | 56,031 US dollar | +10.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10,504 US dollar | 5,306 US dollar | 17,500 US dollar | 9 |
| 2010s | 34,197 US dollar | 24,231 US dollar | 43,158 US dollar | 10 |
| 2020s | 49,868 US dollar | 42,870 US dollar | 56,031 US dollar | 3 |
Countries ranked near Economic Community of West African States (ECOWAS)
- 11 Malaysia 264,900 US dollar compare
- 12 Canada 259,221 US dollar compare
- 12 Netherlands 374,775 US dollar compare
- 13 United Kingdom of Great Britain and Northern Ireland 251,680 US dollar compare
- 14 Switzerland 250,265 US dollar compare
- 15 Mexico 226,774 US dollar compare
- 16 Poland 194,501 US dollar compare
- 16 Spain 217,835 US dollar compare
- 17 Viet Nam 168,853 US dollar compare
- 17 Russian Federation 209,641 US dollar compare
More economy & growth data for Economic Community of West African States (ECOWAS)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.2 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.76 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 19.09 Percentage of GDP (2028)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 14.77 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 155.9 Percentage of merchandise value (2020)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 50.16 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 97.39 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 1.95 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 9.64 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 0.148 Percentage of GDP (2019)
All data for Economic Community of West African States (ECOWAS) →
Frequently asked questions
- What is africa's development dynamics (afdd) table 17 - trade by in Economic Community of West African States (ECOWAS)?
- Africa's development dynamics (afdd) table 17 - trade by in Economic Community of West African States (ECOWAS) was 56,031 US dollar in 2022, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 17 - trade by recorded in Economic Community of West African States (ECOWAS)?
- The highest recorded value was 56,031 US dollar in 2022.
- What is the lowest africa's development dynamics (afdd) table 17 - trade by recorded in Economic Community of West African States (ECOWAS)?
- The lowest recorded value was 5,306 US dollar in 2000.
- How does Economic Community of West African States (ECOWAS) rank for africa's development dynamics (afdd) table 17 - trade by?
- Economic Community of West African States (ECOWAS) ranks 14th out of 28 groups with data for 2022.
- Is africa's development dynamics (afdd) table 17 - trade by rising or falling in Economic Community of West African States (ECOWAS)?
- Over the last ten years it is up 41.0%. The long-run trend across the full record is volatile.
- Where does this Economic Community of West African States (ECOWAS) data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 17 - Trade by manufacturing intensity — Total exports of semi-processed goods. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 17 shows data on public finance, including taxes, revenues, expenditure, and debt. Some of these figures are not available at the national level, but only for aggregations of groups of countries.