Merchandise trade as a proportion of GDP in Central Asia
Central Asia: Merchandise trade as a proportion of GDP was 48.6% in 2024. ▼ Falling
Merchandise trade as a proportion of GDP in Central Asia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for merchandise trade as a proportion of gdp in Central Asia is 48.6%, measured in 2024.
Compared with earlier readings it is down 10.1% on the previous year and down 5.7% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Central Asia peaked at 81.4% in 2008 and was at its lowest, 37.8%, in 2016.
That places Central Asia 15th out of 37 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Merchandise trade as a proportion of GDP in Central Asia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 70.4% | — |
| 2001 | 70.1% | -0.4% |
| 2002 | 69.0% | -1.7% |
| 2003 | 72.0% | +4.4% |
| 2004 | 77.7% | +7.9% |
| 2005 | 77.7% | +0.1% |
| 2006 | 76.6% | -1.4% |
| 2007 | 78.4% | +2.2% |
| 2008 | 81.4% | +3.9% |
| 2009 | 62.3% | -23.5% |
| 2010 | 57.4% | -7.9% |
| 2011 | 59.8% | +4.2% |
| 2012 | 60.0% | +0.3% |
| 2013 | 54.5% | -9.1% |
| 2014 | 51.5% | -5.6% |
| 2015 | 38.7% | -24.9% |
| 2016 | 37.8% | -2.2% |
| 2017 | 42.1% | +11.3% |
| 2018 | 49.2% | +17.0% |
| 2019 | 51.1% | +3.7% |
| 2020 | 46.2% | -9.4% |
| 2021 | 50.4% | +8.9% |
| 2022 | 56.6% | +12.3% |
| 2023 | 54.1% | -4.5% |
| 2024 | 48.6% | -10.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 73.6% | 62.3% | 81.4% | 10 |
| 2010s | 50.2% | 37.8% | 60.0% | 10 |
| 2020s | 51.2% | 46.2% | 56.6% | 5 |
Countries ranked near Central Asia
- 12 Hungary 137.4% compare
- 13 Lesotho 125.3% compare
- 14 Brunei Darussalam 120.8% compare
- 14 Brunei Darussalam 120.8% compare
- 16 North Macedonia 120.3% compare
- 17 Cambodia 119.4% compare
- 18 American Samoa 117.7% compare
More economy & growth data for Central Asia
- Gross Domestic Product, GDP in millions constant 2021 international $ 1.56 million (2027)
- Gross Domestic Product — Value US$ 486,459 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 31.96 % (2024)
- Gross Domestic Product — Value US$ per capita 5,916 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 5,720 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 470,301 million USD (2024)
- Gross Domestic Product — Annual growth US$ 10.28 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 8.38 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 10.77 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 36.7 % (2024)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Central Asia?
- Merchandise trade as a proportion of gdp in Central Asia was 48.6% 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 Asia?
- The highest recorded value was 81.4% in 2008.
- What is the lowest merchandise trade as a proportion of gdp recorded in Central Asia?
- The lowest recorded value was 37.8% in 2016.
- How does Central Asia rank for merchandise trade as a proportion of gdp?
- Central Asia ranks 15th out of 37 groups with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Central Asia?
- Over the last ten years it is down 5.7%. The long-run trend across the full record is falling.
- Where does this Central 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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