Merchandise trade as a proportion of GDP in Middle Africa
Middle Africa: Merchandise trade as a proportion of GDP was 56.1% in 2024. ▼ Falling
Merchandise trade as a proportion of GDP in Middle Africa, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Middle Africa recorded 56.1% for merchandise trade as a proportion of gdp in 2024.
That represents a change of up 1.4% on the previous year and down 7.2% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Middle Africa peaked at 73.2% in 2008 and was at its lowest, 43.6%, in 2020.
That places Middle Africa 12th 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 Middle Africa, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 48.8% | — |
| 2001 | 63.4% | +30.1% |
| 2002 | 56.5% | -10.9% |
| 2003 | 57.5% | +1.7% |
| 2004 | 59.4% | +3.4% |
| 2005 | 63.4% | +6.7% |
| 2006 | 62.0% | -2.2% |
| 2007 | 68.4% | +10.4% |
| 2008 | 73.2% | +7.1% |
| 2009 | 66.8% | -8.8% |
| 2010 | 65.5% | -2.0% |
| 2011 | 69.3% | +5.8% |
| 2012 | 65.2% | -5.8% |
| 2013 | 62.3% | -4.5% |
| 2014 | 60.4% | -3.1% |
| 2015 | 57.3% | -5.2% |
| 2016 | 59.5% | +3.8% |
| 2017 | 52.0% | -12.5% |
| 2018 | 56.6% | +8.8% |
| 2019 | 50.4% | -11.0% |
| 2020 | 43.6% | -13.6% |
| 2021 | 47.2% | +8.3% |
| 2022 | 48.0% | +1.7% |
| 2023 | 55.3% | +15.2% |
| 2024 | 56.1% | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 61.9% | 48.8% | 73.2% | 10 |
| 2010s | 59.9% | 50.4% | 69.3% | 10 |
| 2020s | 50.0% | 43.6% | 56.1% | 5 |
Countries ranked near Middle Africa
- 9 Malaysia 149.4% compare
- 10 Czechia 143.0% compare
- 11 Netherlands (Kingdom of the) 142.8% compare
- 12 Hungary 137.4% compare
- 13 Lesotho 125.3% compare
- 14 Brunei Darussalam 120.8% compare
- 14 Brunei Darussalam 120.8% compare
More economy & growth data for Middle Africa
- Gross Domestic Product — Annual growth US$, 2015 prices 4.45 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 8.92 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 44.6 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 20.09 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 122,785 million USD (2024)
- Gross Fixed Capital Formation — Value US$ 57,522 million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.12 % (2024)
- Gross Domestic Product — Value US$ per capita 1,345 USD (2024)
- Gross Domestic Product — Value US$ 286,309 million USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 275,284 million USD (2024)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Middle Africa?
- Merchandise trade as a proportion of gdp in Middle Africa was 56.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Middle Africa?
- The highest recorded value was 73.2% in 2008.
- What is the lowest merchandise trade as a proportion of gdp recorded in Middle Africa?
- The lowest recorded value was 43.6% in 2020.
- How does Middle Africa rank for merchandise trade as a proportion of gdp?
- Middle Africa ranks 12th out of 37 groups with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Middle Africa?
- Over the last ten years it is down 7.2%. The long-run trend across the full record is falling.
- Where does this Middle Africa 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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