Merchandise trade as a proportion of GDP in Australia and New Zealand
Australia and New Zealand: Merchandise trade as a proportion of GDP was 36.0% in 2024. ▬ Flat
Merchandise trade as a proportion of GDP in Australia and New Zealand, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for merchandise trade as a proportion of gdp in Australia and New Zealand is 36.0%, measured in 2024.
That represents a change of down 4.5% on the previous year and up 7.5% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Australia and New Zealand peaked at 42.2% in 2022 and was at its lowest, 30.4%, in 2015.
Australia and New Zealand ranks 171st of 218 countries on this measure, in the bottom quarter.
Merchandise trade as a proportion of GDP in Australia and New Zealand, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 34.6% | — |
| 2001 | 35.5% | +2.6% |
| 2002 | 36.1% | +1.6% |
| 2003 | 34.9% | -3.2% |
| 2004 | 33.3% | -4.7% |
| 2005 | 34.4% | +3.4% |
| 2006 | 36.2% | +5.1% |
| 2007 | 36.7% | +1.4% |
| 2008 | 38.0% | +3.5% |
| 2009 | 35.2% | -7.4% |
| 2010 | 36.7% | +4.3% |
| 2011 | 37.6% | +2.5% |
| 2012 | 34.3% | -8.7% |
| 2013 | 32.4% | -5.7% |
| 2014 | 33.5% | +3.5% |
| 2015 | 30.4% | -9.2% |
| 2016 | 32.7% | +7.6% |
| 2017 | 35.0% | +6.9% |
| 2018 | 35.0% | +0.0% |
| 2019 | 35.6% | +1.8% |
| 2020 | 34.8% | -2.4% |
| 2021 | 38.6% | +10.9% |
| 2022 | 42.2% | +9.3% |
| 2023 | 37.7% | -10.7% |
| 2024 | 36.0% | -4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 35.5% | 33.3% | 38.0% | 10 |
| 2010s | 34.3% | 30.4% | 37.6% | 10 |
| 2020s | 37.9% | 34.8% | 42.2% | 5 |
Countries ranked near Australia and New Zealand
- 168 United Kingdom of Great Britain and Northern Ireland 36.0% compare
- 168 United Kingdom of Great Britain and Northern Ireland 36.0% compare
- 170 Japan 36.0% compare
- 172 Indonesia 35.7% compare
- 173 Saint Kitts and Nevis 35.5% compare
- 174 Bahamas 35.5% compare
More economy & growth data for Australia and New Zealand
- Gross Domestic Product — Value US$ per capita, 2015 prices 54,411 USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.23 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 2.24 % (2024)
- Gross Domestic Product — Annual growth US$ 3.22 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 1.74 million million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 7.42 % (2024)
- Gross Domestic Product — Value US$ 2.09 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 65,559 USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.268 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 4.44 % (2024)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Australia and New Zealand?
- Merchandise trade as a proportion of gdp in Australia and New Zealand was 36.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Australia and New Zealand?
- The highest recorded value was 42.2% in 2022.
- What is the lowest merchandise trade as a proportion of gdp recorded in Australia and New Zealand?
- The lowest recorded value was 30.4% in 2015.
- How does Australia and New Zealand rank for merchandise trade as a proportion of gdp?
- Australia and New Zealand ranks 171st out of 218 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Australia and New Zealand?
- Over the last ten years it is up 7.5%. The long-run trend across the full record is flat.
- Where does this Australia and New Zealand 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.
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