Japan: Trade (% of GDP)
In , Japan's Trade (% of GDP) was 46.41.
That's up 2.8% from 2023, the highest value since .
The global average for this indicator in 2024 was 92.19 . Japan ranks #130 globally out of 160 reporting countries. Within East Asia & Pacific, it ranks #21 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
- 46.81
- Trough
- 24.39
- 1-year change
- +2.8%
- 5-year change
- +31.8%
- +5.7% / yr
- 10-year change
- +24.0%
- +2.2% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 46.4070 | |
| 45.1509 | |
| 46.8130 | |
| 36.7384 | |
| 31.3352 | |
| 35.2164 | |
| 36.6099 | |
| 34.4232 | |
| 31.3102 | |
| 35.4274 |
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 Japan's Trade (% of GDP) in 2024?
- In 2024, Japan's Trade (% of GDP) was 46.41, according to World Bank Open Data.
- Is Japan's Trade (% of GDP) rising or falling?
- Japan's Trade (% of GDP) rose 2.8% from 2023 to 2024.
- How does Japan rank globally on Trade (% of GDP)?
- In 2024, Japan ranked #130 out of 160 countries reporting Trade (% of GDP).
- How does Japan's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so Japan is below the world average. Within East Asia & Pacific, it ranks #21 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.