Merchandise exports by the reporting economy (current US$), per unit in Least developed countries
Least developed countries: Merchandise exports by the reporting economy (current US$), per unit was 0.171 current US$ per US$ of GDP in 2023. ◆ Volatile
Merchandise exports by the reporting economy (current US$), per unit in Least developed countries, 1960–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2023, merchandise exports by the reporting economy (current us$), per unit in Least developed countries stood at 0.171 current US$ per US$ of GDP.
Compared with earlier readings it is down 4.6% on the previous year and down 13.1% over ten years.
Over the whole period, merchandise exports by the reporting economy (current us$), per unit in Least developed countries peaked at 0.2242 current US$ per US$ of GDP in 2008 and was at its lowest, 0.0432 current US$ per US$ of GDP, in 1962.
That places Least developed countries 36th out of 44 groups with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy (current US$), per unit in Least developed countries, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.046 current US$ per US$ of GDP | — |
| 1961 | 0.0461 current US$ per US$ of GDP | +0.2% |
| 1962 | 0.0432 current US$ per US$ of GDP | -6.1% |
| 1963 | 0.0503 current US$ per US$ of GDP | +16.3% |
| 1964 | 0.0721 current US$ per US$ of GDP | +43.4% |
| 1965 | 0.0623 current US$ per US$ of GDP | -13.7% |
| 1966 | 0.0713 current US$ per US$ of GDP | +14.4% |
| 1967 | 0.0687 current US$ per US$ of GDP | -3.7% |
| 1968 | 0.0691 current US$ per US$ of GDP | +0.6% |
| 1969 | 0.0765 current US$ per US$ of GDP | +10.7% |
| 1970 | 0.0849 current US$ per US$ of GDP | +11.0% |
| 1971 | 0.0662 current US$ per US$ of GDP | -22.1% |
| 1972 | 0.0905 current US$ per US$ of GDP | +36.9% |
| 1973 | 0.0966 current US$ per US$ of GDP | +6.7% |
| 1974 | 0.0989 current US$ per US$ of GDP | +2.4% |
| 1975 | 0.0528 current US$ per US$ of GDP | -46.6% |
| 1976 | 0.0694 current US$ per US$ of GDP | +31.6% |
| 1977 | 0.0734 current US$ per US$ of GDP | +5.7% |
| 1978 | 0.0543 current US$ per US$ of GDP | -26.0% |
| 1979 | 0.06 current US$ per US$ of GDP | +10.4% |
| 1980 | 0.057 current US$ per US$ of GDP | -5.0% |
| 1981 | 0.0653 current US$ per US$ of GDP | +14.6% |
| 1982 | 0.0633 current US$ per US$ of GDP | -3.1% |
| 1983 | 0.066 current US$ per US$ of GDP | +4.3% |
| 1984 | 0.0687 current US$ per US$ of GDP | +4.1% |
| 1985 | 0.059 current US$ per US$ of GDP | -14.0% |
| 1986 | 0.0673 current US$ per US$ of GDP | +14.1% |
| 1987 | 0.0701 current US$ per US$ of GDP | +4.1% |
| 1988 | 0.0689 current US$ per US$ of GDP | -1.7% |
| 1989 | 0.0662 current US$ per US$ of GDP | -3.9% |
| 1990 | 0.083 current US$ per US$ of GDP | +25.4% |
| 1991 | 0.0636 current US$ per US$ of GDP | -23.3% |
| 1992 | 0.0849 current US$ per US$ of GDP | +33.5% |
| 1993 | 0.0839 current US$ per US$ of GDP | -1.1% |
| 1994 | 0.0899 current US$ per US$ of GDP | +7.1% |
| 1995 | 0.1099 current US$ per US$ of GDP | +22.2% |
| 1996 | 0.1172 current US$ per US$ of GDP | +6.7% |
| 1997 | 0.1203 current US$ per US$ of GDP | +2.6% |
| 1998 | 0.1138 current US$ per US$ of GDP | -5.4% |
| 1999 | 0.1156 current US$ per US$ of GDP | +1.6% |
| 2000 | 0.219 current US$ per US$ of GDP | +89.5% |
| 2001 | 0.224 current US$ per US$ of GDP | +2.3% |
| 2002 | 0.2031 current US$ per US$ of GDP | -9.3% |
| 2003 | 0.1906 current US$ per US$ of GDP | -6.2% |
| 2004 | 0.174 current US$ per US$ of GDP | -8.7% |
| 2005 | 0.1972 current US$ per US$ of GDP | +13.3% |
| 2006 | 0.2058 current US$ per US$ of GDP | +4.4% |
| 2007 | 0.2096 current US$ per US$ of GDP | +1.9% |
| 2008 | 0.2242 current US$ per US$ of GDP | +6.9% |
| 2009 | 0.1799 current US$ per US$ of GDP | -19.7% |
| 2010 | 0.2044 current US$ per US$ of GDP | +13.6% |
| 2011 | 0.22 current US$ per US$ of GDP | +7.6% |
| 2012 | 0.2068 current US$ per US$ of GDP | -6.0% |
| 2013 | 0.1967 current US$ per US$ of GDP | -4.9% |
| 2014 | 0.1756 current US$ per US$ of GDP | -10.7% |
| 2015 | 0.1501 current US$ per US$ of GDP | -14.5% |
| 2016 | 0.1455 current US$ per US$ of GDP | -3.1% |
| 2017 | 0.1476 current US$ per US$ of GDP | +1.5% |
| 2018 | 0.1616 current US$ per US$ of GDP | +9.4% |
| 2019 | 0.1593 current US$ per US$ of GDP | -1.4% |
| 2020 | 0.151 current US$ per US$ of GDP | -5.2% |
| 2021 | 0.1702 current US$ per US$ of GDP | +12.7% |
| 2022 | 0.1792 current US$ per US$ of GDP | +5.3% |
| 2023 | 0.171 current US$ per US$ of GDP | -4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0605 current US$ per US$ of GDP | 0.0432 current US$ per US$ of GDP | 0.0765 current US$ per US$ of GDP | 10 |
| 1970s | 0.0747 current US$ per US$ of GDP | 0.0528 current US$ per US$ of GDP | 0.0989 current US$ per US$ of GDP | 10 |
| 1980s | 0.0652 current US$ per US$ of GDP | 0.057 current US$ per US$ of GDP | 0.0701 current US$ per US$ of GDP | 10 |
| 1990s | 0.0982 current US$ per US$ of GDP | 0.0636 current US$ per US$ of GDP | 0.1203 current US$ per US$ of GDP | 10 |
| 2000s | 0.2027 current US$ per US$ of GDP | 0.174 current US$ per US$ of GDP | 0.2242 current US$ per US$ of GDP | 10 |
| 2010s | 0.1768 current US$ per US$ of GDP | 0.1455 current US$ per US$ of GDP | 0.22 current US$ per US$ of GDP | 10 |
| 2020s | 0.1678 current US$ per US$ of GDP | 0.151 current US$ per US$ of GDP | 0.1792 current US$ per US$ of GDP | 4 |
Countries ranked near Least developed countries
- 33 Qatar 0.4557 current US$ per US$ of GDP compare
- 34 Eswatini 0.4542 current US$ per US$ of GDP compare
- 35 Namibia 0.4534 current US$ per US$ of GDP compare
- 36 Switzerland 0.4524 current US$ per US$ of GDP compare
- 37 Lesotho 0.4496 current US$ per US$ of GDP compare
- 38 Bulgaria 0.4462 current US$ per US$ of GDP compare
- 39 Austria 0.4327 current US$ per US$ of GDP compare
More private sector data for Least developed countries
- Merchandise trade 41.4% (2025)
- Food imports 15.6% (2019)
- Manufactures imports 62.6% (2019)
- Merchandise imports 376.94 billion current US$ (2025)
- Food exports 15.1% (2023)
- Manufactures exports 20.1% (2023)
- Merchandise exports 311.48 billion current US$ (2025)
- Merchandise exports (current US$), per capita 256.54 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1884 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 10.88 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy (current us$), per unit in Least developed countries?
- Merchandise exports by the reporting economy (current us$), per unit in Least developed countries was 0.171 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest merchandise exports by the reporting economy (current us$), per unit recorded in Least developed countries?
- The highest recorded value was 0.2242 current US$ per US$ of GDP in 2008.
- What is the lowest merchandise exports by the reporting economy (current us$), per unit recorded in Least developed countries?
- The lowest recorded value was 0.0432 current US$ per US$ of GDP in 1962.
- How does Least developed countries rank for merchandise exports by the reporting economy (current us$), per unit?
- Least developed countries ranks 36th out of 44 groups with data for 2023.
- Is merchandise exports by the reporting economy (current us$), per unit rising or falling in Least developed countries?
- Over the last ten years it is down 13.1%. The long-run trend across the full record is volatile.
- Where does this Least developed countries data come from?
- The figures come from Statizoid (derived), published as part of Merchandise exports by the reporting economy (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Merchandise exports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Merchandise exports by the reporting economy (current US$) ÷ GDP (current US$)
Computed from
- Merchandise exports by the reporting economy Staff estimates, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Merchandise exports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.