Merchandise trade as a proportion of GDP in Central and Southern Asia

Central and Southern Asia: Merchandise trade as a proportion of GDP was 31.4% in 2024. ▬ Flat

Latest (2024)
31.4%
Change on year
down 2.0%
Rank
32nd
of 37 groups
All-time high
45.4%
in 2008
All-time low
25.8%
in 2001
Years of data
25
2000–2024

Merchandise trade as a proportion of GDP in Central and Southern Asia, 2000–2024

010203040502000201220242000: 26.92001: 25.82002: 27.22003: 28.22004: 31.22005: 35.52006: 37.82007: 36.42008: 45.42009: 33.92010: 36.42011: 40.92012: 40.12013: 402014: 38.32015: 31.52016: 27.72017: 29.22018: 32.62019: 30.22020: 26.42021: 322022: 362023: 322024: 31.4

Source: United Nations Statistics Division, SDG Global Database.

Analysis

In 2024, merchandise trade as a proportion of gdp in Central and Southern Asia stood at 31.4%.

Compared with earlier readings it is down 2.0% on the previous year and down 18.1% over ten years.

Over the whole period, merchandise trade as a proportion of gdp in Central and Southern Asia peaked at 45.4% in 2008 and was at its lowest, 25.8%, in 2001.

That places Central and Southern Asia 32nd out of 37 groups with data for 2024, putting it in the bottom quarter.

Merchandise trade as a proportion of GDP in Central and Southern Asia, year by year

Annual values for Merchandise trade as a proportion of GDP (%) in Central and Southern Asia, 2000 to 2024.
Year Value Change
2000 26.9%
2001 25.8% -4.1%
2002 27.2% +5.3%
2003 28.2% +3.8%
2004 31.2% +10.7%
2005 35.5% +13.6%
2006 37.8% +6.6%
2007 36.4% -3.9%
2008 45.4% +24.7%
2009 33.9% -25.3%
2010 36.4% +7.3%
2011 40.9% +12.4%
2012 40.1% -1.8%
2013 40.0% -0.5%
2014 38.3% -4.1%
2015 31.5% -17.8%
2016 27.7% -12.0%
2017 29.2% +5.4%
2018 32.6% +11.5%
2019 30.2% -7.1%
2020 26.4% -12.8%
2021 32.0% +21.4%
2022 36.0% +12.4%
2023 32.0% -11.1%
2024 31.4% -2.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 32.8% 25.8% 45.4% 10
2010s 34.7% 27.7% 40.9% 10
2020s 31.6% 26.4% 36.0% 5

Countries ranked near Central and Southern Asia

  1. 29 Micronesia (Federated States of) 101.2% compare
  2. 30 Lithuania 99.5% compare
  3. 31 Oman 99.4% compare
  4. 32 Libya 98.1% compare
  5. 33 Nicaragua 96.4% compare
  6. 34 Estonia 95.7% compare
  7. 35 Seychelles 92.4% compare

See the full ranking of 255 places →

More economy & growth data for Central and Southern Asia

All data for Central and Southern Asia →

Frequently asked questions

What is merchandise trade as a proportion of gdp in Central and Southern Asia?
Merchandise trade as a proportion of gdp in Central and Southern Asia was 31.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest merchandise trade as a proportion of gdp recorded in Central and Southern Asia?
The highest recorded value was 45.4% in 2008.
What is the lowest merchandise trade as a proportion of gdp recorded in Central and Southern Asia?
The lowest recorded value was 25.8% in 2001.
How does Central and Southern Asia rank for merchandise trade as a proportion of gdp?
Central and Southern Asia ranks 32nd out of 37 groups with data for 2024.
Is merchandise trade as a proportion of gdp rising or falling in Central and Southern Asia?
Over the last ten years it is down 18.1%. The long-run trend across the full record is flat.
Where does this Central and Southern Asia 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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Merchandise trade as a proportion of GDP in Central and Southern Asia. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 13 September 2026, from https://economy.statizoid.com/stat/merchandise-trade-as-a-proportion-of-gdp-percent/central-and-southern-asia/

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About this data

Indicator
Merchandise trade as a proportion of GDP (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
255 places, 6,196 data points, 2000–2024
Last refreshed