Merchandise trade as a proportion of GDP in Western Africa
Western Africa: Merchandise trade as a proportion of GDP was 43.2% in 2024. ▼ Falling
Merchandise trade as a proportion of GDP in Western Africa, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, merchandise trade as a proportion of gdp in Western Africa stood at 43.2%.
Compared with earlier readings it is up 34.1% on the previous year and up 27.7% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Western Africa peaked at 45.1% in 2011 and was at its lowest, 21.9%, in 2020.
Western Africa ranks 23rd of 37 groups on this measure, 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 Western Africa, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 42.9% | — |
| 2001 | 40.8% | -5.0% |
| 2002 | 32.4% | -20.5% |
| 2003 | 36.2% | +11.6% |
| 2004 | 40.7% | +12.4% |
| 2005 | 43.0% | +5.7% |
| 2006 | 38.9% | -9.6% |
| 2007 | 39.2% | +0.9% |
| 2008 | 42.4% | +8.3% |
| 2009 | 35.3% | -16.9% |
| 2010 | 39.1% | +10.9% |
| 2011 | 45.1% | +15.2% |
| 2012 | 41.7% | -7.5% |
| 2013 | 34.8% | -16.5% |
| 2014 | 33.8% | -2.8% |
| 2015 | 27.2% | -19.8% |
| 2016 | 26.1% | -4.0% |
| 2017 | 29.7% | +13.9% |
| 2018 | 32.0% | +7.9% |
| 2019 | 25.1% | -21.7% |
| 2020 | 21.9% | -12.5% |
| 2021 | 26.0% | +18.6% |
| 2022 | 29.5% | +13.3% |
| 2023 | 32.2% | +9.4% |
| 2024 | 43.2% | +34.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 39.2% | 32.4% | 43.0% | 10 |
| 2010s | 33.5% | 25.1% | 45.1% | 10 |
| 2020s | 30.6% | 21.9% | 43.2% | 5 |
Countries ranked near Western Africa
More economy & growth data for Western Africa
- Gross Domestic Product, GDP in millions constant 2021 international $ 2.53 million (2027)
- Gross Domestic Product — Value US$ 535,797 million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita -25.09 % (2024)
- Gross Domestic Product — Value US$ per capita 1,174 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 1,939 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 884,444 million USD (2024)
- Gross Domestic Product — Annual growth US$ -23.38 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 4.28 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ -31.89 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 17.61 % (2024)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Western Africa?
- Merchandise trade as a proportion of gdp in Western Africa was 43.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Western Africa?
- The highest recorded value was 45.1% in 2011.
- What is the lowest merchandise trade as a proportion of gdp recorded in Western Africa?
- The lowest recorded value was 21.9% in 2020.
- How does Western Africa rank for merchandise trade as a proportion of gdp?
- Western Africa ranks 23rd out of 37 groups with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Western Africa?
- Over the last ten years it is up 27.7%. The long-run trend across the full record is falling.
- Where does this Western 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.
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CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).