Merchandise trade as a proportion of GDP in Southern Asia
Southern Asia: Merchandise trade as a proportion of GDP was 29.8% in 2024. ▲ Rising
Merchandise trade as a proportion of GDP in Southern Asia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for merchandise trade as a proportion of gdp in Southern Asia is 29.8%, measured in 2024.
That represents a change of down 1.0% on the previous year and down 18.9% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Southern Asia peaked at 41.8% in 2008 and was at its lowest, 23.6%, in 2001.
Southern Asia ranks 33rd of 37 groups on this measure, in the bottom 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 Asia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 24.8% | — |
| 2001 | 23.6% | -4.9% |
| 2002 | 25.1% | +6.3% |
| 2003 | 25.9% | +3.4% |
| 2004 | 28.5% | +10.0% |
| 2005 | 32.8% | +14.9% |
| 2006 | 34.9% | +6.4% |
| 2007 | 33.1% | -5.1% |
| 2008 | 41.8% | +26.4% |
| 2009 | 31.5% | -24.7% |
| 2010 | 34.5% | +9.5% |
| 2011 | 39.0% | +13.0% |
| 2012 | 38.0% | -2.5% |
| 2013 | 38.1% | +0.4% |
| 2014 | 36.8% | -3.6% |
| 2015 | 30.8% | -16.3% |
| 2016 | 26.9% | -12.5% |
| 2017 | 28.3% | +5.0% |
| 2018 | 31.3% | +10.8% |
| 2019 | 28.6% | -8.5% |
| 2020 | 24.8% | -13.3% |
| 2021 | 30.7% | +23.5% |
| 2022 | 34.3% | +12.0% |
| 2023 | 30.1% | -12.4% |
| 2024 | 29.8% | -1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.2% | 23.6% | 41.8% | 10 |
| 2010s | 33.2% | 26.9% | 39.0% | 10 |
| 2020s | 29.9% | 24.8% | 34.3% | 5 |
Countries ranked near Southern Asia
More economy & growth data for Southern Asia
- Gross Domestic Product, GDP in millions constant 2021 international $ 22.60 million (2027)
- Gross Domestic Product — Value US$ 5.31 million million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 6.03 % (2024)
- Gross Domestic Product — Value US$ per capita 2,572 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 2,420 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 5.00 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 9.45 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 8.34 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 28.95 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 29.2 % (2024)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Southern Asia?
- Merchandise trade as a proportion of gdp in Southern Asia was 29.8% 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 Asia?
- The highest recorded value was 41.8% in 2008.
- What is the lowest merchandise trade as a proportion of gdp recorded in Southern Asia?
- The lowest recorded value was 23.6% in 2001.
- How does Southern Asia rank for merchandise trade as a proportion of gdp?
- Southern Asia ranks 33rd out of 37 groups with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Southern Asia?
- Over the last ten years it is down 18.9%. The long-run trend across the full record is rising.
- Where does this Southern Asia 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).