Merchandise trade as a proportion of GDP (%) in United States of America
United States of America: Merchandise trade as a proportion of GDP (%) was 18.9% in 2024. ▬ Flat
Latest (2024)
18.9%
Change on year
down 0.7%
Rank
36th
of 36 groups
All-time high
24.0%
in 2011
All-time low
17.3%
in 2002
Years of data
25
2000–2024
Merchandise trade as a proportion of GDP in United States of America, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
United States of America recorded 18.9% for merchandise trade as a proportion of gdp in 2024.
That represents a change of down 0.7% on the previous year and down 17.9% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in United States of America peaked at 24.0% in 2011 and was at its lowest, 17.3%, in 2002.
That places United States of America 36th out of 36 groups with data for 2024, putting it in the bottom quarter.
Merchandise trade as a proportion of GDP (%) in United States of America, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 19.9% | — |
| 2001 | 18.0% | -9.4% |
| 2002 | 17.3% | -3.9% |
| 2003 | 17.7% | +2.2% |
| 2004 | 19.2% | +8.2% |
| 2005 | 20.2% | +5.4% |
| 2006 | 21.3% | +5.5% |
| 2007 | 21.9% | +2.7% |
| 2008 | 23.4% | +6.9% |
| 2009 | 18.4% | -21.5% |
| 2010 | 21.6% | +17.4% |
| 2011 | 24.0% | +11.3% |
| 2012 | 23.9% | -0.6% |
| 2013 | 23.2% | -2.8% |
| 2014 | 23.0% | -1.0% |
| 2015 | 21.0% | -8.7% |
| 2016 | 19.8% | -5.6% |
| 2017 | 20.3% | +2.6% |
| 2018 | 20.8% | +2.6% |
| 2019 | 19.7% | -5.5% |
| 2020 | 18.2% | -7.6% |
| 2021 | 20.1% | +10.5% |
| 2022 | 21.2% | +5.6% |
| 2023 | 19.0% | -10.5% |
| 2024 | 18.9% | -0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.7% | 17.3% | 23.4% | 10 |
| 2010s | 21.7% | 19.7% | 24.0% | 10 |
| 2020s | 19.5% | 18.2% | 21.2% | 5 |
Countries ranked near United States of America
More economy & growth data for United States of America
- GDP Deflator — Value Standard Local Currency, 2015 prices, annual 2.42 % change on previous year (2024)
- GDP Deflator — Value US$, 2015 prices, annual growth rate 2.42 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value Standard Local 1.64 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 1.64 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate 5.28 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 2.8 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 2.8 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 6.14 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate 6.14 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 4.43 % change on previous year (2024)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in United States of America?
- Merchandise trade as a proportion of gdp in United States of America was 18.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in United States of America?
- The highest recorded value was 24.0% in 2011.
- What is the lowest merchandise trade as a proportion of gdp recorded in United States of America?
- The lowest recorded value was 17.3% in 2002.
- How does United States of America rank for merchandise trade as a proportion of gdp?
- United States of America ranks 36th out of 36 groups with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in United States of America?
- Over the last ten years it is down 17.9%. The long-run trend across the full record is flat.
- Where does this United States of 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.
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