Exports of goods and services (BoP, current US$), per unit of GDP in Small states
Small states: Exports of goods and services (BoP, current US$), per unit of GDP was 0.6977 BoP, current US$ per US$ of GDP in 2024. ▲ Rising
Exports of goods and services (BoP, current US$), per unit of GDP in Small states, 1977–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
The most recent figure for exports of goods and services (bop, current us$), per unit of gdp in Small states is 0.6977 BoP, current US$ per US$ of GDP, measured in 2024.
That represents a change of down 4.0% on the previous year and up 5.1% over ten years.
Over the whole period, exports of goods and services (bop, current us$), per unit of gdp in Small states peaked at 0.7745 BoP, current US$ per US$ of GDP in 2022 and was at its lowest, 0.3449 BoP, current US$ per US$ of GDP, in 1982.
That places Small states 2nd out of 45 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 48 years of available data.
Exports of goods and services (BoP, current US$), per unit of GDP in Small states, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1977 | 0.4313 BoP, current US$ per US$ of GDP | — |
| 1978 | 0.4218 BoP, current US$ per US$ of GDP | -2.2% |
| 1979 | 0.4116 BoP, current US$ per US$ of GDP | -2.4% |
| 1980 | 0.3816 BoP, current US$ per US$ of GDP | -7.3% |
| 1981 | 0.378 BoP, current US$ per US$ of GDP | -1.0% |
| 1982 | 0.3449 BoP, current US$ per US$ of GDP | -8.8% |
| 1983 | 0.3514 BoP, current US$ per US$ of GDP | +1.9% |
| 1984 | 0.3671 BoP, current US$ per US$ of GDP | +4.5% |
| 1985 | 0.3828 BoP, current US$ per US$ of GDP | +4.3% |
| 1986 | 0.4358 BoP, current US$ per US$ of GDP | +13.8% |
| 1987 | 0.4343 BoP, current US$ per US$ of GDP | -0.4% |
| 1988 | 0.4556 BoP, current US$ per US$ of GDP | +4.9% |
| 1989 | 0.4803 BoP, current US$ per US$ of GDP | +5.4% |
| 1990 | 0.4852 BoP, current US$ per US$ of GDP | +1.0% |
| 1991 | 0.4593 BoP, current US$ per US$ of GDP | -5.3% |
| 1992 | 0.4678 BoP, current US$ per US$ of GDP | +1.9% |
| 1993 | 0.4833 BoP, current US$ per US$ of GDP | +3.3% |
| 1994 | 0.5044 BoP, current US$ per US$ of GDP | +4.4% |
| 1995 | 0.5181 BoP, current US$ per US$ of GDP | +2.7% |
| 1996 | 0.5255 BoP, current US$ per US$ of GDP | +1.4% |
| 1997 | 0.5099 BoP, current US$ per US$ of GDP | -3.0% |
| 1998 | 0.5153 BoP, current US$ per US$ of GDP | +1.1% |
| 1999 | 0.5121 BoP, current US$ per US$ of GDP | -0.6% |
| 2000 | 0.5448 BoP, current US$ per US$ of GDP | +6.4% |
| 2001 | 0.5404 BoP, current US$ per US$ of GDP | -0.8% |
| 2002 | 0.5216 BoP, current US$ per US$ of GDP | -3.5% |
| 2003 | 0.5173 BoP, current US$ per US$ of GDP | -0.8% |
| 2004 | 0.5378 BoP, current US$ per US$ of GDP | +4.0% |
| 2005 | 0.5597 BoP, current US$ per US$ of GDP | +4.1% |
| 2006 | 0.5798 BoP, current US$ per US$ of GDP | +3.6% |
| 2007 | 0.5675 BoP, current US$ per US$ of GDP | -2.1% |
| 2008 | 0.6275 BoP, current US$ per US$ of GDP | +10.6% |
| 2009 | 0.5748 BoP, current US$ per US$ of GDP | -8.4% |
| 2010 | 0.6091 BoP, current US$ per US$ of GDP | +6.0% |
| 2011 | 0.6772 BoP, current US$ per US$ of GDP | +11.2% |
| 2012 | 0.6743 BoP, current US$ per US$ of GDP | -0.4% |
| 2013 | 0.6844 BoP, current US$ per US$ of GDP | +1.5% |
| 2014 | 0.6636 BoP, current US$ per US$ of GDP | -3.0% |
| 2015 | 0.6233 BoP, current US$ per US$ of GDP | -6.1% |
| 2016 | 0.6047 BoP, current US$ per US$ of GDP | -3.0% |
| 2017 | 0.6096 BoP, current US$ per US$ of GDP | +0.8% |
| 2018 | 0.6308 BoP, current US$ per US$ of GDP | +3.5% |
| 2019 | 0.639 BoP, current US$ per US$ of GDP | +1.3% |
| 2020 | 0.5925 BoP, current US$ per US$ of GDP | -7.3% |
| 2021 | 0.6799 BoP, current US$ per US$ of GDP | +14.8% |
| 2022 | 0.7745 BoP, current US$ per US$ of GDP | +13.9% |
| 2023 | 0.7271 BoP, current US$ per US$ of GDP | -6.1% |
| 2024 | 0.6977 BoP, current US$ per US$ of GDP | -4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.4216 BoP, current US$ per US$ of GDP | 0.4116 BoP, current US$ per US$ of GDP | 0.4313 BoP, current US$ per US$ of GDP | 3 |
| 1980s | 0.4012 BoP, current US$ per US$ of GDP | 0.3449 BoP, current US$ per US$ of GDP | 0.4803 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.4981 BoP, current US$ per US$ of GDP | 0.4593 BoP, current US$ per US$ of GDP | 0.5255 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.5571 BoP, current US$ per US$ of GDP | 0.5173 BoP, current US$ per US$ of GDP | 0.6275 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.6416 BoP, current US$ per US$ of GDP | 0.6047 BoP, current US$ per US$ of GDP | 0.6844 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.6943 BoP, current US$ per US$ of GDP | 0.5925 BoP, current US$ per US$ of GDP | 0.7745 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Small states
- 1 Luxembourg 1.97 BoP, current US$ per US$ of GDP compare
- 2 San Marino 1.86 BoP, current US$ per US$ of GDP compare
- 3 Hong Kong 1.81 BoP, current US$ per US$ of GDP compare
- 4 Singapore 1.78 BoP, current US$ per US$ of GDP compare
- 5 Ireland 1.45 BoP, current US$ per US$ of GDP compare
More economy & growth data for Small states
- General government final consumption expenditure (constant 2015 US$) 2.06 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.64 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 9,468 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.5711 current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 320.27 million BoP, current US$ (2025)
- Households and NPISHs Final consumption expenditure (current US$) 9.91 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 2,363 constant 2015 US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1426 constant 2015 US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.35 billion BoP, current US$ (2025)
Frequently asked questions
- What is exports of goods and services (bop, current us$), per unit of gdp in Small states?
- Exports of goods and services (bop, current us$), per unit of gdp in Small states was 0.6977 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest exports of goods and services (bop, current us$), per unit of gdp recorded in Small states?
- The highest recorded value was 0.7745 BoP, current US$ per US$ of GDP in 2022.
- What is the lowest exports of goods and services (bop, current us$), per unit of gdp recorded in Small states?
- The lowest recorded value was 0.3449 BoP, current US$ per US$ of GDP in 1982.
- How does Small states rank for exports of goods and services (bop, current us$), per unit of gdp?
- Small states ranks 2nd out of 45 groups with data for 2024.
- Is exports of goods and services (bop, current us$), per unit of gdp rising or falling in Small states?
- Over the last ten years it is up 5.1%. The long-run trend across the full record is rising.
- Where does this Small states data come from?
- The figures come from Statizoid (derived), published as part of Exports of goods and services (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Exports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Exports of goods and services (BoP, current US$) ÷ GDP (current US$)
Computed from
- Exports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Exports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.