Merchandise trade as a proportion of GDP in Oceania
Oceania: Merchandise trade as a proportion of GDP was 36.5% in 2024. ▬ Flat
Latest (2024)
36.5%
Change on year
down 4.6%
Rank
28th
of 37 groups
All-time high
42.8%
in 2022
All-time low
31.0%
in 2015
Years of data
25
2000–2024
Merchandise trade as a proportion of GDP in Oceania, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Oceania recorded 36.5% for merchandise trade as a proportion of gdp in 2024.
That represents a change of down 4.6% on the previous year and up 7.1% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Oceania peaked at 42.8% in 2022 and was at its lowest, 31.0%, in 2015.
That places Oceania 28th out of 37 groups with data for 2024, putting it in the bottom quarter.
Merchandise trade as a proportion of GDP in Oceania, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 35.3% | — |
| 2001 | 36.2% | +2.5% |
| 2002 | 37.1% | +2.3% |
| 2003 | 36.1% | -2.8% |
| 2004 | 34.3% | -5.0% |
| 2005 | 35.3% | +3.1% |
| 2006 | 37.0% | +4.8% |
| 2007 | 37.5% | +1.3% |
| 2008 | 38.7% | +3.2% |
| 2009 | 35.7% | -7.7% |
| 2010 | 37.2% | +4.4% |
| 2011 | 38.0% | +2.2% |
| 2012 | 34.7% | -8.7% |
| 2013 | 32.9% | -5.4% |
| 2014 | 34.1% | +3.8% |
| 2015 | 31.0% | -9.2% |
| 2016 | 33.2% | +7.3% |
| 2017 | 35.5% | +6.8% |
| 2018 | 35.6% | +0.3% |
| 2019 | 36.3% | +1.9% |
| 2020 | 35.2% | -2.9% |
| 2021 | 39.0% | +10.7% |
| 2022 | 42.8% | +9.7% |
| 2023 | 38.3% | -10.5% |
| 2024 | 36.5% | -4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 36.3% | 34.3% | 38.7% | 10 |
| 2010s | 34.9% | 31.0% | 38.0% | 10 |
| 2020s | 38.4% | 35.2% | 42.8% | 5 |
Countries ranked near Oceania
- 25 Lao People's Democratic Republic 109.4% compare
- 25 Lao People's Democratic Republic 109.4% compare
- 27 Guyana 107.9% compare
- 28 Latvia 101.6% compare
- 29 Micronesia (Federated States of) 101.2% compare
- 30 Lithuania 99.5% compare
- 31 Oman 99.4% compare
More economy & growth data for Oceania
- Gross Domestic Product — Value US$ per capita, 2015 prices 39,068 USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.3 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 2.09 % (2024)
- Gross Domestic Product — Annual growth US$ 3.27 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 1.79 million million USD (2024)
- Gross Domestic Product — Value US$ 2.16 million million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 7.32 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 4.38 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.1357 % (2024)
- Gross Domestic Product — Value US$ per capita 47,045 USD (2024)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Oceania?
- Merchandise trade as a proportion of gdp in Oceania was 36.5% 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?
- The highest recorded value was 42.8% in 2022.
- What is the lowest merchandise trade as a proportion of gdp recorded in Oceania?
- The lowest recorded value was 31.0% in 2015.
- How does Oceania rank for merchandise trade as a proportion of gdp?
- Oceania ranks 28th out of 37 groups with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Oceania?
- Over the last ten years it is up 7.1%. The long-run trend across the full record is flat.
- Where does this Oceania 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).