Uzbekistan: Merchandise trade (% of GDP)
In , Uzbekistan's Merchandise trade (% of GDP) was 47.82.
That's down 10.4% from 2023, the highest value since .
The global average for this indicator in 2024 was 64.89 . Uzbekistan ranks #117 globally out of 197 reporting countries. Within Europe & Central Asia, it ranks #43 of 50.
Source: World Bank Open Data (TG.VAL.TOTL.GD.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
- 66.24
- Trough
- 23.57
- 1-year change
- -10.4%
- 5-year change
- -12.5%
- -2.6% / yr
- 10-year change
- +52.1%
- +4.3% / yr
Historical Data — Last 10 Years
| Year | Merchandise trade (% of GDP) |
|---|---|
| 47.8249 | |
| 53.3934 | |
| 48.2774 | |
| 48.9022 | |
| 49.7101 | |
| 54.6812 | |
| 48.1005 | |
| 31.7259 | |
| 23.5691 | |
| 24.2516 |
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.ZS • Category: Trade & Finance
Frequently asked questions
- What was Uzbekistan's Merchandise trade (% of GDP) in 2024?
- In 2024, Uzbekistan's Merchandise trade (% of GDP) was 47.82, according to World Bank Open Data.
- Is Uzbekistan's Merchandise trade (% of GDP) rising or falling?
- Uzbekistan's Merchandise trade (% of GDP) fell 10.4% from 2023 to 2024.
- How does Uzbekistan rank globally on Merchandise trade (% of GDP)?
- In 2024, Uzbekistan ranked #117 out of 197 countries reporting Merchandise trade (% of GDP).
- How does Uzbekistan's Merchandise trade (% of GDP) compare to the world average?
- The global average for Merchandise trade (% of GDP) in 2024 was 64.89, so Uzbekistan is below the world average. Within Europe & Central Asia, it ranks #43 of 50.
- 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.
Source: World Bank Open Data (TG.VAL.TOTL.GD.ZS), CC BY 4.0.