Merchandise trade as a proportion of GDP in Southern Africa
Southern Africa: Merchandise trade as a proportion of GDP was 60.8% in 2024. ▲ Rising
Merchandise trade as a proportion of GDP in Southern Africa, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Southern Africa recorded 60.8% for merchandise trade as a proportion of gdp in 2024.
Compared with earlier readings it is down 6.6% on the previous year and up 0.5% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Southern Africa peaked at 66.1% in 2022 and was at its lowest, 42.1%, in 2003.
Southern Africa ranks 10th of 37 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Merchandise trade as a proportion of GDP in Southern Africa, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 42.8% | — |
| 2001 | 46.2% | +7.7% |
| 2002 | 49.2% | +6.7% |
| 2003 | 42.1% | -14.6% |
| 2004 | 42.3% | +0.6% |
| 2005 | 42.4% | +0.2% |
| 2006 | 47.7% | +12.5% |
| 2007 | 50.4% | +5.6% |
| 2008 | 60.5% | +20.1% |
| 2009 | 44.6% | -26.2% |
| 2010 | 48.0% | +7.5% |
| 2011 | 53.7% | +11.9% |
| 2012 | 55.4% | +3.2% |
| 2013 | 59.4% | +7.1% |
| 2014 | 60.5% | +1.9% |
| 2015 | 57.5% | -5.0% |
| 2016 | 55.7% | -3.0% |
| 2017 | 52.8% | -5.3% |
| 2018 | 55.0% | +4.2% |
| 2019 | 53.3% | -3.1% |
| 2020 | 52.8% | -0.9% |
| 2021 | 59.2% | +12.1% |
| 2022 | 66.1% | +11.8% |
| 2023 | 65.1% | -1.6% |
| 2024 | 60.8% | -6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 46.8% | 42.1% | 60.5% | 10 |
| 2010s | 55.1% | 48.0% | 60.5% | 10 |
| 2020s | 60.8% | 52.8% | 66.1% | 5 |
Countries ranked near Southern Africa
More economy & growth data for Southern Africa
- Gross Domestic Product, GDP in millions constant 2021 international $ 1.01 million (2027)
- Gross Domestic Product — Value US$ 437,021 million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 61,673 million USD (2024)
- Gross Domestic Product — Value US$ per capita 5,975 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 5,489 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 401,475 million USD (2024)
- Gross Domestic Product — Annual growth US$ 5 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 3.65 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.74 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 15.36 % (2024)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Southern Africa?
- Merchandise trade as a proportion of gdp in Southern Africa was 60.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Southern Africa?
- The highest recorded value was 66.1% in 2022.
- What is the lowest merchandise trade as a proportion of gdp recorded in Southern Africa?
- The lowest recorded value was 42.1% in 2003.
- How does Southern Africa rank for merchandise trade as a proportion of gdp?
- Southern Africa ranks 10th out of 37 groups with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Southern Africa?
- Over the last ten years it is up 0.5%. The long-run trend across the full record is rising.
- Where does this Southern Africa 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).