Annual growth of imports of goods and services in Asia
Asia: Annual growth of imports of goods and services was 3.0% in 2023. ◆ Volatile
Annual growth of imports of goods and services in Asia, 2002–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Asia recorded 3.0% for annual growth of imports of goods and services in 2023.
The figure is down 60.1% on the previous year and up 3.2% over ten years.
Over the whole period, annual growth of imports of goods and services in Asia peaked at 15.5% in 2004 and was at its lowest, -10.3%, in 2009.
Asia ranks 19th of 32 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.
Annual growth of imports of goods and services in Asia, year by year
| Year | Value | Change |
|---|---|---|
| 2002 | 6.4% | — |
| 2003 | 9.3% | +44.4% |
| 2004 | 15.5% | +67.4% |
| 2005 | 11.4% | -26.4% |
| 2006 | 9.8% | -13.7% |
| 2007 | 9.8% | -0.4% |
| 2008 | 7.6% | -22.8% |
| 2009 | -10.3% | -235.8% |
| 2010 | 11.8% | -214.5% |
| 2011 | 9.2% | -21.4% |
| 2012 | 4.4% | -52.4% |
| 2013 | 2.9% | -34.5% |
| 2014 | 3.3% | +13.6% |
| 2015 | -0.7% | -122.4% |
| 2016 | 1.0% | -237.4% |
| 2017 | 8.3% | +722.6% |
| 2018 | 5.1% | -38.8% |
| 2019 | -0.7% | -113.5% |
| 2020 | -7.6% | +1007.9% |
| 2021 | 12.6% | -266.3% |
| 2022 | 7.4% | -40.9% |
| 2023 | 3.0% | -60.1% |
Biggest year-on-year movements
Years where Annual growth of imports of goods and services in Asia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -1007.9% | -0.7% | -7.6% |
| 2017 | +722.6% | 1.0% | 8.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.4% | -10.3% | 15.5% | 8 |
| 2010s | 4.4% | -0.7% | 11.8% | 10 |
| 2020s | 3.9% | -7.6% | 12.6% | 4 |
Countries ranked near Asia
- 16 Solomon Islands 14.2% compare
- 17 Vanuatu 13.6% compare
- 18 Kuwait 13.4% compare
- 19 Burkina Faso 13.2% compare
- 20 Bahamas 12.7% compare
- 21 United Arab Emirates 12.6% compare
- 22 Tonga 12.4% compare
More economy & growth data for Asia
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 106.47 USD (2024)
- Gross Fixed Capital Formation — Value US$ 13.40 million million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 12.58 million million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 33.73 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 2.88 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 3.51 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 4.9 % (2024)
- Gross Domestic Product — Annual growth US$ 5.54 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 37.66 million million USD (2024)
- Gross Domestic Product — Value US$ 39.74 million million USD (2024)
Frequently asked questions
- What is annual growth of imports of goods and services in Asia?
- Annual growth of imports of goods and services in Asia was 3.0% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of imports of goods and services recorded in Asia?
- The highest recorded value was 15.5% in 2004.
- What is the lowest annual growth of imports of goods and services recorded in Asia?
- The lowest recorded value was -10.3% in 2009.
- How does Asia rank for annual growth of imports of goods and services?
- Asia ranks 19th out of 32 groups with data for 2023.
- Is annual growth of imports of goods and services rising or falling in Asia?
- Over the last ten years it is up 3.2%. The long-run trend across the full record is volatile.
- Where does this Asia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of imports of goods and services (%). Statizoid updates them automatically from the source API.
Download this data
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