Trade in Least developed countries

Least developed countries: Trade was 43.7% in 2025. ▲ Rising

Latest (2025)
43.7%
Change on year
down 7.3%
Rank
40th
of 41 groups
All-time high
63.8%
in 2008
All-time low
38.7%
in 1997
Years of data
32
1994–2025

Trade in Least developed countries, 1994–2025

02040601994200920251994: 39.3 % of GDP1995: 43.1 % of GDP1996: 41.2 % of GDP1997: 38.7 % of GDP1998: 40 % of GDP1999: 39.9 % of GDP2000: 40.6 % of GDP2001: 41 % of GDP2002: 50.5 % of GDP2003: 50.3 % of GDP2004: 51.7 % of GDP2005: 55.2 % of GDP2006: 55.2 % of GDP2007: 59.9 % of GDP2008: 63.8 % of GDP2009: 58.8 % of GDP2010: 58.4 % of GDP2011: 60.4 % of GDP2012: 59 % of GDP2013: 58.6 % of GDP2014: 55.9 % of GDP2015: 50.5 % of GDP2016: 46.8 % of GDP2017: 46.9 % of GDP2018: 51.3 % of GDP2019: 50.5 % of GDP2020: 46.4 % of GDP2021: 50.8 % of GDP2022: 51 % of GDP2023: 48.5 % of GDP2024: 47.1 % of GDP2025: 43.7 % of GDP

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.

Analysis

Least developed countries recorded 43.7% for trade in 2025.

The figure is down 7.3% on the previous year and down 13.6% over ten years.

Over the whole period, trade in Least developed countries peaked at 63.8% in 2008 and was at its lowest, 38.7%, in 1997.

Least developed countries ranks 40th of 41 groups on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 32 years of available data.

Trade in Least developed countries, year by year

Annual values for Trade (% of GDP) in Least developed countries, 1994 to 2025.
Year % of GDP Change
1994 39.3%
1995 43.1% +9.7%
1996 41.2% -4.4%
1997 38.7% -5.9%
1998 40.0% +3.2%
1999 39.9% -0.3%
2000 40.6% +1.8%
2001 41.0% +1.1%
2002 50.5% +23.1%
2003 50.3% -0.3%
2004 51.7% +2.6%
2005 55.2% +6.9%
2006 55.2% -0.0%
2007 59.9% +8.6%
2008 63.8% +6.4%
2009 58.8% -7.8%
2010 58.4% -0.7%
2011 60.4% +3.3%
2012 59.0% -2.3%
2013 58.6% -0.8%
2014 55.9% -4.6%
2015 50.5% -9.6%
2016 46.8% -7.3%
2017 46.9% +0.2%
2018 51.3% +9.3%
2019 50.5% -1.6%
2020 46.4% -8.0%
2021 50.8% +9.5%
2022 51.0% +0.4%
2023 48.5% -5.0%
2024 47.1% -2.8%
2025 43.7% -7.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 40.4% 38.7% 43.1% 6
2000s 52.7% 40.6% 63.8% 10
2010s 53.8% 46.8% 60.4% 10
2020s 47.9% 43.7% 51.0% 6

Countries ranked near Least developed countries

  1. 37 Mongolia 130.7% compare
  2. 38 Latvia 129.7% compare
  3. 39 Denmark 129.2% compare
  4. 40 Somalia 128.1% compare
  5. 41 Czechia 128.0% compare
  6. 42 Cuba 124.9% compare
  7. 43 American Samoa 124.7% compare

See the full ranking of 235 places →

More economy & growth data for Least developed countries

All data for Least developed countries →

Frequently asked questions

What is trade in Least developed countries?
Trade in Least developed countries was 43.7% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest trade recorded in Least developed countries?
The highest recorded value was 63.8% in 2008.
What is the lowest trade recorded in Least developed countries?
The lowest recorded value was 38.7% in 1997.
How does Least developed countries rank for trade?
Least developed countries ranks 40th out of 41 groups with data for 2025.
Is trade rising or falling in Least developed countries?
Over the last ten years it is down 13.6%. The long-run trend across the full record is rising.
Where does this Least developed countries data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Trade (% of GDP). Statizoid updates them automatically from the source API.

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Trade in Least developed countries. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 30 August 2026, from https://economy.statizoid.com/stat/trade-percent-of-gdp/least-developed-countries-un-classification/

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About this data

Indicator
Trade (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
235 places, 11,211 data points, 1960–2025
Last refreshed

Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.