Merchandise trade as a proportion of GDP in Americas
Americas: Merchandise trade as a proportion of GDP was 25.1% in 2024. ▲ Rising
Merchandise trade as a proportion of GDP in Americas, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, merchandise trade as a proportion of gdp in Americas stood at 25.1%.
Compared with earlier readings it is down 1.0% on the previous year and down 11.4% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Americas peaked at 29.5% in 2008 and was at its lowest, 22.6%, in 2002.
That places Americas 35th out of 37 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Merchandise trade as a proportion of GDP in Americas, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 25.0% | — |
| 2001 | 23.1% | -7.7% |
| 2002 | 22.6% | -2.3% |
| 2003 | 23.0% | +1.9% |
| 2004 | 24.8% | +8.1% |
| 2005 | 26.1% | +5.0% |
| 2006 | 27.3% | +4.6% |
| 2007 | 27.8% | +2.1% |
| 2008 | 29.5% | +6.2% |
| 2009 | 23.4% | -20.8% |
| 2010 | 26.5% | +13.3% |
| 2011 | 29.3% | +10.6% |
| 2012 | 29.2% | -0.4% |
| 2013 | 28.7% | -1.9% |
| 2014 | 28.4% | -1.0% |
| 2015 | 26.5% | -6.6% |
| 2016 | 25.0% | -5.5% |
| 2017 | 25.6% | +2.1% |
| 2018 | 26.7% | +4.5% |
| 2019 | 25.5% | -4.6% |
| 2020 | 23.9% | -6.2% |
| 2021 | 26.8% | +12.1% |
| 2022 | 28.4% | +6.0% |
| 2023 | 25.4% | -10.7% |
| 2024 | 25.1% | -1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.3% | 22.6% | 29.5% | 10 |
| 2010s | 27.1% | 25.0% | 29.3% | 10 |
| 2020s | 25.9% | 23.9% | 28.4% | 5 |
Countries ranked near Americas
More economy & growth data for Americas
- Gross Domestic Product, GDP in millions constant 2021 international $ 43.65 million (2027)
- Gross Domestic Product — Value US$ 38.59 million million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 6.55 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 36,841 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 29,094 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 30.48 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 4.78 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 4.08 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 5.11 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 21.5 % (2024)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Americas?
- Merchandise trade as a proportion of gdp in Americas was 25.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Americas?
- The highest recorded value was 29.5% in 2008.
- What is the lowest merchandise trade as a proportion of gdp recorded in Americas?
- The lowest recorded value was 22.6% in 2002.
- How does Americas rank for merchandise trade as a proportion of gdp?
- Americas ranks 35th out of 37 groups with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Americas?
- Over the last ten years it is down 11.4%. The long-run trend across the full record is rising.
- Where does this Americas data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).