Merchandise trade as a proportion of GDP in Northern America
Northern America: Merchandise trade as a proportion of GDP was 21.2% in 2024. ▬ Flat
Latest (2024)
21.2%
Change on year
down 1.3%
Rank
36th
of 37 groups
All-time high
26.8%
in 2011
All-time low
20.3%
in 2002
Years of data
25
2000–2024
Merchandise trade as a proportion of GDP in Northern America, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Northern America recorded 21.2% for merchandise trade as a proportion of gdp in 2024.
The figure is down 1.3% on the previous year and down 17.7% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Northern America peaked at 26.8% in 2011 and was at its lowest, 20.3%, in 2002.
That places Northern America 36th out of 37 groups with data for 2024, putting it in the bottom quarter.
Merchandise trade as a proportion of GDP in Northern America, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 23.3% | — |
| 2001 | 21.2% | -9.2% |
| 2002 | 20.3% | -4.0% |
| 2003 | 20.6% | +1.5% |
| 2004 | 22.2% | +7.6% |
| 2005 | 23.3% | +5.2% |
| 2006 | 24.4% | +4.5% |
| 2007 | 25.0% | +2.3% |
| 2008 | 26.5% | +6.3% |
| 2009 | 20.9% | -21.4% |
| 2010 | 24.2% | +16.1% |
| 2011 | 26.8% | +10.7% |
| 2012 | 26.6% | -0.7% |
| 2013 | 25.9% | -2.7% |
| 2014 | 25.8% | -0.6% |
| 2015 | 23.6% | -8.5% |
| 2016 | 22.3% | -5.5% |
| 2017 | 22.8% | +2.4% |
| 2018 | 23.4% | +2.4% |
| 2019 | 22.2% | -5.2% |
| 2020 | 20.4% | -7.7% |
| 2021 | 22.5% | +10.2% |
| 2022 | 23.8% | +5.9% |
| 2023 | 21.5% | -9.9% |
| 2024 | 21.2% | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.8% | 20.3% | 26.5% | 10 |
| 2010s | 24.3% | 22.2% | 26.8% | 10 |
| 2020s | 21.9% | 20.4% | 23.8% | 5 |
Countries ranked near Northern America
More economy & growth data for Northern America
- Gross Domestic Product, GDP in millions constant 2021 international $ 29.81 million (2027)
- Gross Domestic Product — Value US$ 31.41 million million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 21.64 % (2024)
- Gross Domestic Product — Value US$ per capita 81,512 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 63,589 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 24.50 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 5.13 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 4.47 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 5.85 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 22.11 % (2024)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Northern America?
- Merchandise trade as a proportion of gdp in Northern America was 21.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Northern America?
- The highest recorded value was 26.8% in 2011.
- What is the lowest merchandise trade as a proportion of gdp recorded in Northern America?
- The lowest recorded value was 20.3% in 2002.
- How does Northern America rank for merchandise trade as a proportion of gdp?
- Northern America ranks 36th out of 37 groups with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Northern America?
- Over the last ten years it is down 17.7%. The long-run trend across the full record is flat.
- Where does this Northern America 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).