Micronesia - Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in Micronesia was 62.43 as of 2020. Its highest value over the past 32 years was 83.84 in 2011, while its lowest value was 49.64 in 1995.

Definition: Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: World Trade Organization, and World Bank GDP estimates.

See also:

Year Value
1988 56.94
1989 55.47
1990 59.78
1991 59.57
1992 69.06
1993 70.06
1994 53.83
1995 49.64
1996 54.00
1997 56.14
1998 56.65
1999 52.24
2000 55.30
2001 58.10
2002 54.02
2003 59.49
2004 62.44
2005 59.53
2006 61.13
2007 63.87
2008 69.16
2009 70.29
2010 66.68
2011 83.84
2012 75.17
2013 70.30
2014 60.45
2015 63.19
2016 70.73
2017 62.45
2018 60.96
2019 59.55
2020 62.43

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade