Indonesia: Trade (% of GDP)
In , Indonesia's Trade (% of GDP) was 42.57.
That's up 3.0% from 2023, the highest value since .
The global average for this indicator in 2024 was 92.19 . Indonesia ranks #134 globally out of 160 reporting countries. Within East Asia & Pacific, it ranks #22 of 24.
Source: World Bank Open Data (NE.TRD.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 63.99
- Trough
- 32.97
- 1-year change
- +3.0%
- 5-year change
- +13.1%
- +2.5% / yr
- 10-year change
- -11.5%
- -1.2% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 42.5726 | |
| 41.3363 | |
| 45.4647 | |
| 40.2048 | |
| 32.9722 | |
| 37.6278 | |
| 43.0743 | |
| 39.3555 | |
| 37.4213 | |
| 41.9376 |
About Trade (% of GDP)
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.
Indicator code: NE.TRD.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Indonesia's Trade (% of GDP) in 2024?
- In 2024, Indonesia's Trade (% of GDP) was 42.57, according to World Bank Open Data.
- Is Indonesia's Trade (% of GDP) rising or falling?
- Indonesia's Trade (% of GDP) rose 3.0% from 2023 to 2024.
- How does Indonesia rank globally on Trade (% of GDP)?
- In 2024, Indonesia ranked #134 out of 160 countries reporting Trade (% of GDP).
- How does Indonesia's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so Indonesia is below the world average. Within East Asia & Pacific, it ranks #22 of 24.
- What is Trade (% of GDP) and how is it measured?
- 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.
Source: World Bank Open Data (NE.TRD.GNFS.ZS), CC BY 4.0.