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Northern Mariana Islands: Trade (% of GDP)

In , Northern Mariana Islands's Trade (% of GDP) was 93.16.

That's up 18.1% from 2021, the highest value since .

The global average for this indicator in 2022 was 92.19 .

Source: World Bank Open Data (NE.TRD.GNFS.ZS) • Data as of 2022

Trend (2005–2022)

Northern Mariana Islands 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
174.55
Trough
78.88
1-year change
+18.1%
5-year change
-29.1%
-6.6% / yr
10-year change
-18.9%
-2.1% / yr

Historical Data — Last 10 Years

Year Trade (% of GDP)
93.1569
78.8840
78.9838
104.7498
108.7625
131.4103
152.8455
122.7473
119.8317
120.0777

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.ZSCategory: Economy

Frequently asked questions

What was Northern Mariana Islands's Trade (% of GDP) in 2022?
In 2022, Northern Mariana Islands's Trade (% of GDP) was 93.16, according to World Bank Open Data.
Is Northern Mariana Islands's Trade (% of GDP) rising or falling?
Northern Mariana Islands's Trade (% of GDP) rose 18.1% from 2021 to 2022.
How does Northern Mariana Islands's Trade (% of GDP) compare to the world average?
The global average for Trade (% of GDP) in 2022 was 92.19, so Northern Mariana Islands is above the world average.
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.
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Source: World Bank Open Data (NE.TRD.GNFS.ZS), CC BY 4.0.