Oceania Trade (% GDP) Ranking (2024)
In 2024, trade (% GDP) in Oceania was highest in Nauru at 158.19%, followed by Fiji at 126.18% and American Samoa at 124.68%. The average trade (% GDP) across countries in Oceania was 89.15%, the median was 87.74%, and Australia recorded the lowest trade (% GDP) at 47.31%, according to the World Bank.
Data is available for the period 1960 to 2024 across 17 countries in Oceania.
Frequency : Yearly
| Rank | Country | Current Value ↓ | Previous Value | Year |
|---|---|---|---|---|
| 1 | 158.19% | 143.89% | 2024 | |
| 2 | 126.18% | 117.51% | 2023 | |
| 3 | 124.68% | 136.8% | 2022 | |
| 4 | 110.17% | 118.84% | 2023 | |
| 5 | 101.15% | 107.59% | 2024 | |
| 6 | 96.6% | 98.32% | 2024 | |
| 7 | 94.14% | 75.32% | 2023 | |
| 8 | 93.16% | 78.88% | 2022 | |
| 9 | 87.74% | 80.73% | 2022 | |
| 10 | 83.13% | 90.66% | 2024 | |
| 11 | 78.04% | 66.64% | 2022 | |
| 12 | 71.87% | 61.84% | 2022 | |
| 13 | 68.71% | 67.23% | 2023 | |
| 14 | 65.1% | 58% | 2022 | |
| 15 | 58.93% | 58.03% | 2017 | |
| 16 | 50.41% | 53.48% | 2023 | |
| 17 | 47.31% | 49.23% | 2024 |
Oceania Trade (% GDP) Ranking (2024) : Definition
Trade (% GDP) measures the sum of exports and imports (goods and services) expressed as a percentage of nominal GDP for the reporting year.