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American Samoa: Merchandise trade (% of GDP)

In , American Samoa's Merchandise trade (% of GDP) was 117.68.

That's down 19.6% from 2021, the highest value since .

The global average for this indicator in 2022 was 64.89 .

Source: World Bank Open Data (TG.VAL.TOTL.GD.ZS) • Data as of 2022

Trend (2005–2022)

American Samoa Merchandise trade (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
203.85
Trough
113.16
1-year change
-19.6%
5-year change
-27.4%
-6.2% / yr
10-year change
-7.9%
-0.8% / yr

Historical Data — Last 10 Years

Year Merchandise trade (% of GDP)
117.6808
146.4000
162.9681
164.6059
161.1894
162.0915
155.4396
156.6122
148.8336
135.8934

About Merchandise trade (% of GDP)

General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. 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.

Indicator code: TG.VAL.TOTL.GD.ZSCategory: Trade & Finance

Frequently asked questions

What was American Samoa's Merchandise trade (% of GDP) in 2022?
In 2022, American Samoa's Merchandise trade (% of GDP) was 117.68, according to World Bank Open Data.
Is American Samoa's Merchandise trade (% of GDP) rising or falling?
American Samoa's Merchandise trade (% of GDP) fell 19.6% from 2021 to 2022.
How does American Samoa's Merchandise trade (% of GDP) compare to the world average?
The global average for Merchandise trade (% of GDP) in 2022 was 64.89, so American Samoa is above the world average.
What is Merchandise trade (% of GDP) and how is it measured?
General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. 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.
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Source: World Bank Open Data (TG.VAL.TOTL.GD.ZS), CC BY 4.0.