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.
That represents a change of 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.
Naoero ranks 94th of 218 countries on this measure, 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
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.827 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.2806 Percent per annum (2029)
- GNI, Atlas method (current US$), annual growth rate -5.08 % change on previous year (2025)
- GNI (current LCU), annual growth rate -1.4 % change on previous year (2025)
- GNI (current US$), per capita 20,829 current US$ per person (2025)
- GNI (current US$), per unit of GDP 1.42 current US$ per US$ of GDP (2025)
- GNI (current US$), annual growth rate -2.66 % change on previous year (2025)
- GNI, Atlas method (current US$), per capita 20,690 current US$ per person (2025)
- GDP (constant LCU), per capita 10,832 constant LCU per person (2025)
- GDP (constant LCU), annual growth rate 2.14 % change on previous year (2025)
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 218 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).