Merchandise trade as a proportion of GDP in Landlocked developing countries (LLDCs)
Landlocked developing countries (LLDCs): Merchandise trade as a proportion of GDP was 49.4% in 2024. ▼ Falling
Merchandise trade as a proportion of GDP in Landlocked developing countries (LLDCs), 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Landlocked developing countries (LLDCs) recorded 49.4% for merchandise trade as a proportion of gdp in 2024.
Compared with earlier readings it is down 4.5% on the previous year and down 5.2% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Landlocked developing countries (LLDCs) peaked at 68.6% in 2008 and was at its lowest, 43.3%, in 2017.
That places Landlocked developing countries (LLDCs) 11th out of 20 regions 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 Landlocked developing countries (LLDCs), year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 54.8% | — |
| 2001 | 55.7% | +1.8% |
| 2002 | 55.3% | -0.7% |
| 2003 | 58.4% | +5.5% |
| 2004 | 63.3% | +8.4% |
| 2005 | 64.0% | +1.1% |
| 2006 | 65.2% | +1.7% |
| 2007 | 67.1% | +3.0% |
| 2008 | 68.6% | +2.2% |
| 2009 | 54.0% | -21.3% |
| 2010 | 54.8% | +1.6% |
| 2011 | 58.4% | +6.6% |
| 2012 | 57.9% | -0.9% |
| 2013 | 54.5% | -5.8% |
| 2014 | 52.1% | -4.4% |
| 2015 | 44.5% | -14.6% |
| 2016 | 43.8% | -1.6% |
| 2017 | 43.3% | -1.1% |
| 2018 | 48.5% | +12.0% |
| 2019 | 48.0% | -1.1% |
| 2020 | 44.2% | -7.9% |
| 2021 | 49.3% | +11.7% |
| 2022 | 53.3% | +7.9% |
| 2023 | 51.8% | -2.8% |
| 2024 | 49.4% | -4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 60.6% | 54.0% | 68.6% | 10 |
| 2010s | 50.6% | 43.3% | 58.4% | 10 |
| 2020s | 49.6% | 44.2% | 53.3% | 5 |
Countries ranked near Landlocked developing countries (LLDCs)
- 8 Czechia 143.0% compare
- 9 Netherlands (Kingdom of the) 142.8% compare
- 9 Timor-Leste 56.4% compare
- 10 Hungary 137.4% compare
- 11 Lesotho 125.3% compare
- 12 Brunei Darussalam 120.8% compare
- 13 North Macedonia 120.3% compare
- 14 Cambodia 119.4% compare
- 14 Türkiye 44.6% compare
More economy & growth data for Landlocked developing countries (LLDCs)
- Foreign direct investment (FDI) inflows 22,748 (2024)
- Annual growth rate of real GDP per employed person 2.6% (2025)
- Manufacturing value added (constant 2020 United States dollars) as a 12.1% (2025)
- Manufacturing value added (current United States dollars) as a 12.2% (2024)
- Annual growth rate of real GDP per capita 2.2% (2024)
- Domestic material consumption per unit of GDP, by type of raw material 3.87 (2024)
- Foreign direct investment, net inflows, as a proportion of GDP 2.4% (2024)
- Annual GDP growth 4.9% (2024)
- Annual growth of exports of goods and services 2.9% (2024)
- Annual growth of imports of goods and services 5.0% (2024)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Landlocked developing countries (LLDCs)?
- Merchandise trade as a proportion of gdp in Landlocked developing countries (LLDCs) was 49.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Landlocked developing countries (LLDCs)?
- The highest recorded value was 68.6% in 2008.
- What is the lowest merchandise trade as a proportion of gdp recorded in Landlocked developing countries (LLDCs)?
- The lowest recorded value was 43.3% in 2017.
- How does Landlocked developing countries (LLDCs) rank for merchandise trade as a proportion of gdp?
- Landlocked developing countries (LLDCs) ranks 11th out of 20 regions with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Landlocked developing countries (LLDCs)?
- Over the last ten years it is down 5.2%. The long-run trend across the full record is falling.
- Where does this Landlocked developing countries (LLDCs) 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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