Merchandise trade to GDP ratio in North Africa
North Africa: Merchandise trade to GDP ratio was 64.3% in 2010. ▲ Rising
Merchandise trade to GDP ratio in North Africa, 1960–2010
Source: World Bank country economists. Measured in %.
Analysis
In 2010, merchandise trade to gdp ratio in North Africa stood at 64.3%.
That represents a change of down 4.2% on the previous year and up 21.0% over ten years.
Over the whole period, merchandise trade to gdp ratio in North Africa peaked at 81.0% in 2008 and was at its lowest, 38.8%, in 1968.
The long-run direction has been consistently rising across the 51 years of available data.
Merchandise trade to GDP ratio in North Africa, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 61.9% | — |
| 1961 | 61.3% | -1.0% |
| 1962 | 41.3% | -32.7% |
| 1963 | 47.8% | +15.7% |
| 1964 | 45.6% | -4.7% |
| 1965 | 42.1% | -7.5% |
| 1966 | 42.6% | +1.2% |
| 1967 | 39.3% | -7.8% |
| 1968 | 38.8% | -1.4% |
| 1969 | 40.6% | +4.8% |
| 1970 | 42.4% | +4.4% |
| 1971 | 40.4% | -4.8% |
| 1972 | 41.5% | +2.7% |
| 1973 | 47.3% | +14.0% |
| 1974 | 68.3% | +44.5% |
| 1975 | 69.4% | +1.6% |
| 1976 | 65.1% | -6.3% |
| 1977 | 66.2% | +1.7% |
| 1978 | 62.9% | -5.1% |
| 1979 | 68.7% | +9.2% |
| 1980 | 68.1% | -0.8% |
| 1981 | 73.8% | +8.4% |
| 1982 | 66.3% | -10.2% |
| 1983 | 60.6% | -8.6% |
| 1984 | 59.9% | -1.2% |
| 1985 | 55.9% | -6.7% |
| 1986 | 43.5% | -22.1% |
| 1987 | 40.5% | -6.8% |
| 1988 | 50.5% | +24.4% |
| 1989 | 54.7% | +8.5% |
| 1990 | 58.2% | +6.3% |
| 1991 | 60.7% | +4.3% |
| 1992 | 57.9% | -4.6% |
| 1993 | 56.6% | -2.2% |
| 1994 | 55.5% | -2.1% |
| 1995 | 58.1% | +4.8% |
| 1996 | 55.0% | -5.4% |
| 1997 | 52.8% | -4.1% |
| 1998 | 48.2% | -8.7% |
| 1999 | 48.3% | +0.2% |
| 2000 | 53.1% | +10.0% |
| 2001 | 53.4% | +0.5% |
| 2002 | 57.7% | +8.2% |
| 2003 | 62.3% | +7.9% |
| 2004 | 69.0% | +10.7% |
| 2005 | 74.1% | +7.4% |
| 2006 | 74.5% | +0.6% |
| 2007 | 77.6% | +4.2% |
| 2008 | 81.0% | +4.4% |
| 2009 | 67.1% | -17.3% |
| 2010 | 64.3% | -4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 46.1% | 38.8% | 61.9% | 10 |
| 1970s | 57.2% | 40.4% | 69.4% | 10 |
| 1980s | 57.4% | 40.5% | 73.8% | 10 |
| 1990s | 55.1% | 48.2% | 60.7% | 10 |
| 2000s | 67.0% | 53.1% | 81.0% | 10 |
| 2010s | 64.3% | 64.3% | 64.3% | 1 |
Countries ranked near North Africa
More economy & growth data for North Africa
- GDP per capita, PPP annual growth 0.6% (2011)
- GDP deflator, index 163.53 2000=100; US$ series (2011)
- Final consumption expenditure plus discrepancy, per capita 2,633 current US$ (2011)
- Import price index 170.8 goods and services 2000=100 (2011)
- Real agricultural GDP growth rates 2.8% (2011)
- Terms of trade 107.72 goods and services, 2000 = 100 (2009)
- Construction, value added 27.94 billion current US$ (2007)
- Mining and quarrying, value added 95.74 billion current US$ (2007)
- Gross public investment 12.0% (2010)
- Value added, mining and quarrying 9.59 billion constant 2000 US$ (2008)
Frequently asked questions
- What is merchandise trade to gdp ratio in North Africa?
- Merchandise trade to gdp ratio in North Africa was 64.3% in 2010, according to World Bank country economists.
- What is the highest merchandise trade to gdp ratio recorded in North Africa?
- The highest recorded value was 81.0% in 2008.
- What is the lowest merchandise trade to gdp ratio recorded in North Africa?
- The lowest recorded value was 38.8% in 1968.
- How does North Africa rank for merchandise trade to gdp ratio?
- North Africa ranks 6th out of 6 groups with data for 2010.
- Is merchandise trade to gdp ratio rising or falling in North Africa?
- Over the last ten years it is up 21.0%. The long-run trend across the full record is rising.
- Where does this North Africa data come from?
- The figures come from World Bank country economists, published as part of Merchandise trade to GDP ratio (%). Statizoid updates them automatically from the source API.
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About this data
Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current US dollars and from the national accounts.