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

Latest (2023)
0.171 current US$ per US$ of GDP
Change on year
down 4.6%
Rank
36th
of 44 groups
All-time high
0.2242 current US$ per US$ of GDP
in 2008
All-time low
0.0432 current US$ per US$ of GDP
in 1962
Years of data
64
1960–2023

Merchandise exports by the reporting economy (current US$), per unit in Least developed countries, 1960–2023

0.050.10.150.2196019912023

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

Annual values for Merchandise exports by the reporting economy (current US$), per unit of GDP in Least developed countries, 1960 to 2023.
Year current US$ 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

DecadeAverage LowestHighest 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

  1. 33 Qatar 0.4557 current US$ per US$ of GDP compare
  2. 34 Eswatini 0.4542 current US$ per US$ of GDP compare
  3. 35 Namibia 0.4534 current US$ per US$ of GDP compare
  4. 36 Switzerland 0.4524 current US$ per US$ of GDP compare
  5. 37 Lesotho 0.4496 current US$ per US$ of GDP compare
  6. 38 Bulgaria 0.4462 current US$ per US$ of GDP compare
  7. 39 Austria 0.4327 current US$ per US$ of GDP compare

See the full ranking of 249 places →

More private sector data for Least developed countries

All data for Least developed countries →

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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Merchandise exports by the reporting economy (current US$), per unit in Least developed countries. Statizoid, drawing on Statizoid (derived). Retrieved 05 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-by-the-reporting-economy-current-us-per-unit-of-gdp/least-developed-countries-un-classification/

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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

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

Indicator
Merchandise exports by the reporting economy (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
249 places, 12,888 data points, 1960–2023
Last refreshed

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.