Merchandise trade as a proportion of GDP in Australia
Australia: Merchandise trade as a proportion of GDP was 36.3% in 2024. ▲ Rising
Latest (2024)
36.3%
Change on year
down 4.5%
World rank
143rd
of 188 countries
All-time high
42.6%
in 2022
All-time low
29.2%
in 2015
Years of data
25
2000–2024
Merchandise trade as a proportion of GDP in Australia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Australia recorded 36.3% for merchandise trade as a proportion of gdp in 2024.
Compared with earlier readings it is down 4.5% on the previous year and up 12.0% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Australia peaked at 42.6% in 2022 and was at its lowest, 29.2%, in 2015.
Australia ranks 143rd of 188 countries on this measure, 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 Australia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 32.5% | — |
| 2001 | 33.5% | +3.0% |
| 2002 | 34.7% | +3.8% |
| 2003 | 34.0% | -2.0% |
| 2004 | 31.8% | -6.5% |
| 2005 | 33.2% | +4.3% |
| 2006 | 35.0% | +5.5% |
| 2007 | 35.8% | +2.2% |
| 2008 | 36.6% | +2.3% |
| 2009 | 34.3% | -6.3% |
| 2010 | 35.9% | +4.7% |
| 2011 | 36.7% | +2.2% |
| 2012 | 33.3% | -9.3% |
| 2013 | 31.3% | -6.2% |
| 2014 | 32.4% | +3.5% |
| 2015 | 29.2% | -9.8% |
| 2016 | 32.1% | +9.9% |
| 2017 | 34.6% | +7.7% |
| 2018 | 34.4% | -0.6% |
| 2019 | 35.2% | +2.5% |
| 2020 | 34.7% | -1.5% |
| 2021 | 38.8% | +11.9% |
| 2022 | 42.6% | +9.6% |
| 2023 | 38.0% | -10.8% |
| 2024 | 36.3% | -4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 34.2% | 31.8% | 36.6% | 10 |
| 2010s | 33.5% | 29.2% | 36.7% | 10 |
| 2020s | 38.1% | 34.7% | 42.6% | 5 |
Countries ranked near Australia
More economy & growth data for Australia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.26 Percent per annum (2029)
- Imports of goods and services (constant 2015 US$), annual growth rate 3.07 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.2211 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 14,399 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -71.33 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -70.96 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 15.45 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.035 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 2,281 current LCU per person (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Australia?
- Merchandise trade as a proportion of gdp in Australia was 36.3% 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?
- The highest recorded value was 42.6% in 2022.
- What is the lowest merchandise trade as a proportion of gdp recorded in Australia?
- The lowest recorded value was 29.2% in 2015.
- How does Australia rank for merchandise trade as a proportion of gdp?
- Australia ranks 143rd out of 188 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Australia?
- Over the last ten years it is up 12.0%. The long-run trend across the full record is rising.
- Where does this Australia 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).