Samoa: Trade (% of GDP)
In , Samoa's Trade (% of GDP) was 79.52.
That's down 1.6% from 2023, the highest value since .
The global average for this indicator in 2024 was 92.19 . Samoa ranks #82 globally out of 160 reporting countries. Within East Asia & Pacific, it ranks #16 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
- 83.33
- Trough
- 59.77
- 1-year change
- -1.6%
- 5-year change
- -4.6%
- -0.9% / yr
- 10-year change
- -1.2%
- -0.1% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 79.5241 | |
| 80.8405 | |
| 60.8478 | |
| 59.7698 | |
| 77.4848 | |
| 83.3311 | |
| 78.9350 | |
| 74.0111 | |
| 75.2118 | |
| 74.6344 |
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 Samoa's Trade (% of GDP) in 2024?
- In 2024, Samoa's Trade (% of GDP) was 79.52, according to World Bank Open Data.
- Is Samoa's Trade (% of GDP) rising or falling?
- Samoa's Trade (% of GDP) fell 1.6% from 2023 to 2024.
- How does Samoa rank globally on Trade (% of GDP)?
- In 2024, Samoa ranked #82 out of 160 countries reporting Trade (% of GDP).
- How does Samoa's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so Samoa is below the world average. Within East Asia & Pacific, it ranks #16 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.