Merchandise trade as a proportion of GDP in Eastern Asia
Eastern Asia: Merchandise trade as a proportion of GDP was 41.1% in 2024. ▲ Rising
Merchandise trade as a proportion of GDP in Eastern 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 Eastern Asia is 41.1%, measured in 2024.
The figure is up 1.9% on the previous year and down 10.8% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Eastern Asia peaked at 51.7% in 2008 and was at its lowest, 30.0%, in 2000.
Eastern Asia ranks 26th of 37 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Merchandise trade as a proportion of GDP in Eastern Asia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 30.0% | — |
| 2001 | 30.2% | +0.6% |
| 2002 | 32.4% | +7.4% |
| 2003 | 35.9% | +10.7% |
| 2004 | 40.6% | +13.2% |
| 2005 | 44.2% | +9.0% |
| 2006 | 49.3% | +11.5% |
| 2007 | 51.6% | +4.6% |
| 2008 | 51.7% | +0.1% |
| 2009 | 40.3% | -22.0% |
| 2010 | 46.1% | +14.4% |
| 2011 | 47.6% | +3.3% |
| 2012 | 46.3% | -2.8% |
| 2013 | 47.6% | +2.8% |
| 2014 | 46.0% | -3.3% |
| 2015 | 41.3% | -10.3% |
| 2016 | 37.6% | -9.0% |
| 2017 | 39.3% | +4.5% |
| 2018 | 39.5% | +0.6% |
| 2019 | 37.5% | -5.2% |
| 2020 | 36.3% | -3.0% |
| 2021 | 39.8% | +9.7% |
| 2022 | 42.9% | +7.6% |
| 2023 | 40.3% | -6.0% |
| 2024 | 41.1% | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 40.6% | 30.0% | 51.7% | 10 |
| 2010s | 42.9% | 37.5% | 47.6% | 10 |
| 2020s | 40.1% | 36.3% | 42.9% | 5 |
Countries ranked near Eastern Asia
- 23 Mongolia 115.1% compare
- 24 Belarus 113.2% compare
- 25 Lao People's Democratic Republic 109.4% compare
- 25 Lao People's Democratic Republic 109.4% compare
- 27 Guyana 107.9% compare
- 28 Latvia 101.6% compare
- 29 Micronesia (Federated States of) 101.2% compare
More economy & growth data for Eastern Asia
- Gross Domestic Product, GDP in millions constant 2021 international $ 49.31 million (2027)
- Gross Domestic Product — Value US$ 25.47 million million USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 3.12 % (2024)
- Gross Domestic Product — Value US$ per capita 15,598 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 15,192 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 24.81 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 4.81 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 5.06 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 4.25 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 36.27 % (2024)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Eastern Asia?
- Merchandise trade as a proportion of gdp in Eastern Asia was 41.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Eastern Asia?
- The highest recorded value was 51.7% in 2008.
- What is the lowest merchandise trade as a proportion of gdp recorded in Eastern Asia?
- The lowest recorded value was 30.0% in 2000.
- How does Eastern Asia rank for merchandise trade as a proportion of gdp?
- Eastern Asia ranks 26th out of 37 groups with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Eastern Asia?
- Over the last ten years it is down 10.8%. The long-run trend across the full record is rising.
- Where does this Eastern 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.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).