Merchandise trade as a proportion of GDP in Oceania (exc. Australia and New Zealand)
Oceania (exc. Australia and New Zealand): Merchandise trade as a proportion of GDP was 54.9% in 2024. ▼ Falling
Merchandise trade as a proportion of GDP in Oceania (exc. Australia and New Zealand), 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Oceania (exc. Australia and New Zealand) recorded 54.9% for merchandise trade as a proportion of gdp in 2024.
Compared with earlier readings it is down 6.4% on the previous year and up 4.5% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Oceania (exc. Australia and New Zealand) peaked at 67.7% in 2003 and was at its lowest, 45.9%, in 2016.
That places Oceania (exc. Australia and New Zealand) 13th 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 Oceania (exc. Australia and New Zealand), year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 59.4% | — |
| 2001 | 58.7% | -1.1% |
| 2002 | 65.0% | +10.7% |
| 2003 | 67.7% | +4.1% |
| 2004 | 65.9% | -2.6% |
| 2005 | 65.9% | +0.1% |
| 2006 | 62.0% | -5.9% |
| 2007 | 61.6% | -0.8% |
| 2008 | 61.8% | +0.4% |
| 2009 | 51.7% | -16.4% |
| 2010 | 57.6% | +11.5% |
| 2011 | 53.8% | -6.6% |
| 2012 | 49.7% | -7.7% |
| 2013 | 50.0% | +0.6% |
| 2014 | 52.5% | +5.1% |
| 2015 | 46.9% | -10.7% |
| 2016 | 45.9% | -2.0% |
| 2017 | 49.0% | +6.7% |
| 2018 | 52.0% | +6.0% |
| 2019 | 53.2% | +2.4% |
| 2020 | 47.0% | -11.8% |
| 2021 | 50.8% | +8.2% |
| 2022 | 58.9% | +15.8% |
| 2023 | 58.6% | -0.5% |
| 2024 | 54.9% | -6.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 62.0% | 51.7% | 67.7% | 10 |
| 2010s | 51.1% | 45.9% | 57.6% | 10 |
| 2020s | 54.0% | 47.0% | 58.9% | 5 |
Countries ranked near Oceania (exc. Australia and New Zealand)
- 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 120.8% compare
- 16 North Macedonia 120.3% compare
More economy & growth data for Oceania (exc. Australia and New Zealand)
- Foreign direct investment (FDI) inflows 1,348 (2024)
- Annual growth rate of real GDP per employed person 0.6% (2025)
- Manufacturing value added (constant 2020 United States dollars) as a 5.3% (2025)
- Annual growth rate of real GDP per capita -1.3% (2024)
- Manufacturing value added (current United States dollars) as a 4.5% (2024)
- Annual GDP growth 3.3% (2024)
- Foreign direct investment, net inflows, as a proportion of GDP 1.4% (2024)
- Domestic material consumption per unit of GDP, by type of raw material 1.99 (2022)
- Volume of remittances (in United States dollars) as a proportion of 2.2% (2024)
- Agriculture value added share of GDP 14.3% (2024)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Oceania (exc. Australia and New Zealand)?
- Merchandise trade as a proportion of gdp in Oceania (exc. Australia and New Zealand) was 54.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Oceania (exc. Australia and New Zealand)?
- The highest recorded value was 67.7% in 2003.
- What is the lowest merchandise trade as a proportion of gdp recorded in Oceania (exc. Australia and New Zealand)?
- The lowest recorded value was 45.9% in 2016.
- How does Oceania (exc. Australia and New Zealand) rank for merchandise trade as a proportion of gdp?
- Oceania (exc. Australia and New Zealand) ranks 13th out of 37 groups with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Oceania (exc. Australia and New Zealand)?
- Over the last ten years it is up 4.5%. The long-run trend across the full record is falling.
- Where does this Oceania (exc. Australia and New Zealand) 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
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