Merchandise trade as a proportion of GDP in Naoero
Naoero: Merchandise trade as a proportion of GDP was 59.7% in 2024. ▼ Falling
Merchandise trade as a proportion of GDP in Naoero, 2014–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Naoero recorded 59.7% for merchandise trade as a proportion of gdp in 2024.
The figure is down 16.3% on the previous year and down 56.5% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Naoero peaked at 137.2% in 2014 and was at its lowest, 42.7%, in 2018.
That places Naoero 94th out of 220 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 11 years of available data.
Merchandise trade as a proportion of GDP in Naoero, year by year
| Year | % | Change |
|---|---|---|
| 2014 | 137.2% | — |
| 2015 | 120.2% | -12.4% |
| 2016 | 70.7% | -41.1% |
| 2017 | 53.0% | -25.0% |
| 2018 | 42.7% | -19.4% |
| 2019 | 94.3% | +120.5% |
| 2020 | 56.9% | -39.6% |
| 2021 | 72.4% | +27.2% |
| 2022 | 86.0% | +18.7% |
| 2023 | 71.3% | -17.0% |
| 2024 | 59.7% | -16.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 86.4% | 42.7% | 137.2% | 6 |
| 2020s | 69.3% | 56.9% | 86.0% | 5 |
Countries ranked near Naoero
More economy & growth data for Naoero
- Share of people who used the internet in the previous three months 81.66 % (2020)
- Prevalence of anemia among women of reproductive age (15-49 years) 22.5 % (2023)
- 15.6.1 Total reported number of Standard Material Transfer Agreements 5 No (2025)
- 15.6.1 Countries that are contracting Parties to the International 0 No (2025)
- Foreign direct investment (FDI) inflows -0.2799 million current US$ (2024)
- 15.6.1 Countries with legislative, administrative and policy 0 No (2025)
- Manufacturing value added (constant 2020 United States dollars) as a 20.0% (2025)
- Annual growth rate of real GDP per capita 1.1% (2024)
- Manufacturing value added (current United States dollars) as a 19.4% (2024)
- Annual GDP growth 1.4% (2024)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Naoero?
- Merchandise trade as a proportion of gdp in Naoero was 59.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Naoero?
- The highest recorded value was 137.2% in 2014.
- What is the lowest merchandise trade as a proportion of gdp recorded in Naoero?
- The lowest recorded value was 42.7% in 2018.
- How does Naoero rank for merchandise trade as a proportion of gdp?
- Naoero ranks 94th out of 220 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Naoero?
- Over the last ten years it is down 56.5%. The long-run trend across the full record is falling.
- Where does this Naoero 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 — 11 observations, free to reuse under UN SDG Global Database (open, attribution requested).