Australia Merchandise Trade (% of GDP) (2024)
Australia's Merchandise Trade (% of GDP): 36.3 % of GDP in 2024, -1.7pp YoY. World Bank (TG.VAL.TOTL.GD.ZS), 1990–2024.
Australia (2024)
36.3
% of GDP
-1.7pp YoY
YoY Change
-1.7pp
percentage points
Trend
down
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 36.3 | -1.7pp |
| 2023 | 38 | -4.6pp |
| 2022 | 42.6 | +3.7pp |
| 2021 | 38.8 | +4.1pp |
| 2020 | 34.7 | -0.5pp |
| 2019 | 35.2 | +0.9pp |
| 2018 | 34.4 | -0.2pp |
| 2017 | 34.6 | +2.5pp |
| 2016 | 32.1 | +2.9pp |
| 2015 | 29.2 | -3.2pp |
| 2014 | 32.4 | +1.1pp |
| 2013 | 31.3 | -2.1pp |
| 2012 | 33.3 | -3.4pp |
| 2011 | 36.7 | +0.8pp |
| 2010 | 35.9 | +1.6pp |
| 2009 | 34.3 | -2.3pp |
| 2008 | 36.6 | +0.8pp |
| 2007 | 35.8 | +0.8pp |
| 2006 | 35 | +1.8pp |
| 2005 | 33.2 | n/a |
About this Dataset
Australia recorded 36.3 % of GDP in 2024. The most recent year-on-year change was -1.7pp. The historical series (1990–2024) shows a peak of 42.6 in 2022 and a trough of 25.6 in 1991.
Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks australia merchandise trade (% of gdp) in Australia, published by World Bank. Data covers 1990–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 42.6 % of GDP in 2022 and reached its lowest recorded value of 25.6 in 1991. The latest reading of 36.3 in 2024 represents a year-on-year change of -1.7pp.