Merchandise exports by the reporting economy (current US$), per unit in Small states
Small states: Merchandise exports by the reporting economy (current US$), per unit was 0.2654 current US$ per US$ of GDP in 2023. ▼ Falling
Merchandise exports by the reporting economy (current US$), per unit in Small states, 1970–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Small states recorded 0.2654 current US$ per US$ of GDP for merchandise exports by the reporting economy (current us$), per unit in 2023.
That represents a change of down 26.6% on the previous year and down 27.4% over ten years.
Over the whole period, merchandise exports by the reporting economy (current us$), per unit in Small states peaked at 0.5443 current US$ per US$ of GDP in 1976 and was at its lowest, 0.2293 current US$ per US$ of GDP, in 1991.
That places Small states 6th out of 44 groups with data for 2023, putting it in the top quarter.
The long-run direction has been consistently falling across the 54 years of available data.
Merchandise exports by the reporting economy (current US$), per unit in Small states, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.2474 current US$ per US$ of GDP | — |
| 1971 | 0.2921 current US$ per US$ of GDP | +18.1% |
| 1972 | 0.2948 current US$ per US$ of GDP | +0.9% |
| 1973 | 0.3252 current US$ per US$ of GDP | +10.3% |
| 1974 | 0.4699 current US$ per US$ of GDP | +44.5% |
| 1975 | 0.5003 current US$ per US$ of GDP | +6.5% |
| 1976 | 0.5443 current US$ per US$ of GDP | +8.8% |
| 1977 | 0.4986 current US$ per US$ of GDP | -8.4% |
| 1978 | 0.4464 current US$ per US$ of GDP | -10.5% |
| 1979 | 0.4454 current US$ per US$ of GDP | -0.2% |
| 1980 | 0.4355 current US$ per US$ of GDP | -2.2% |
| 1981 | 0.4594 current US$ per US$ of GDP | +5.5% |
| 1982 | 0.3783 current US$ per US$ of GDP | -17.7% |
| 1983 | 0.3491 current US$ per US$ of GDP | -7.7% |
| 1984 | 0.3246 current US$ per US$ of GDP | -7.0% |
| 1985 | 0.2972 current US$ per US$ of GDP | -8.4% |
| 1986 | 0.2883 current US$ per US$ of GDP | -3.0% |
| 1987 | 0.2739 current US$ per US$ of GDP | -5.0% |
| 1988 | 0.2545 current US$ per US$ of GDP | -7.1% |
| 1989 | 0.2794 current US$ per US$ of GDP | +9.8% |
| 1990 | 0.2336 current US$ per US$ of GDP | -16.4% |
| 1991 | 0.2293 current US$ per US$ of GDP | -1.8% |
| 1992 | 0.2625 current US$ per US$ of GDP | +14.5% |
| 1993 | 0.2769 current US$ per US$ of GDP | +5.5% |
| 1994 | 0.2644 current US$ per US$ of GDP | -4.5% |
| 1995 | 0.2675 current US$ per US$ of GDP | +1.1% |
| 1996 | 0.275 current US$ per US$ of GDP | +2.8% |
| 1997 | 0.2719 current US$ per US$ of GDP | -1.1% |
| 1998 | 0.2444 current US$ per US$ of GDP | -10.1% |
| 1999 | 0.2501 current US$ per US$ of GDP | +2.3% |
| 2000 | 0.2488 current US$ per US$ of GDP | -0.5% |
| 2001 | 0.2625 current US$ per US$ of GDP | +5.5% |
| 2002 | 0.2591 current US$ per US$ of GDP | -1.3% |
| 2003 | 0.2636 current US$ per US$ of GDP | +1.7% |
| 2004 | 0.2828 current US$ per US$ of GDP | +7.3% |
| 2005 | 0.3028 current US$ per US$ of GDP | +7.1% |
| 2006 | 0.3333 current US$ per US$ of GDP | +10.1% |
| 2007 | 0.3052 current US$ per US$ of GDP | -8.4% |
| 2008 | 0.3304 current US$ per US$ of GDP | +8.3% |
| 2009 | 0.2609 current US$ per US$ of GDP | -21.0% |
| 2010 | 0.3055 current US$ per US$ of GDP | +17.1% |
| 2011 | 0.3666 current US$ per US$ of GDP | +20.0% |
| 2012 | 0.3546 current US$ per US$ of GDP | -3.3% |
| 2013 | 0.3655 current US$ per US$ of GDP | +3.1% |
| 2014 | 0.3409 current US$ per US$ of GDP | -6.7% |
| 2015 | 0.2895 current US$ per US$ of GDP | -15.1% |
| 2016 | 0.2625 current US$ per US$ of GDP | -9.3% |
| 2017 | 0.2643 current US$ per US$ of GDP | +0.7% |
| 2018 | 0.2656 current US$ per US$ of GDP | +0.5% |
| 2019 | 0.2603 current US$ per US$ of GDP | -2.0% |
| 2020 | 0.2747 current US$ per US$ of GDP | +5.5% |
| 2021 | 0.3117 current US$ per US$ of GDP | +13.5% |
| 2022 | 0.3616 current US$ per US$ of GDP | +16.0% |
| 2023 | 0.2654 current US$ per US$ of GDP | -26.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.4064 current US$ per US$ of GDP | 0.2474 current US$ per US$ of GDP | 0.5443 current US$ per US$ of GDP | 10 |
| 1980s | 0.334 current US$ per US$ of GDP | 0.2545 current US$ per US$ of GDP | 0.4594 current US$ per US$ of GDP | 10 |
| 1990s | 0.2575 current US$ per US$ of GDP | 0.2293 current US$ per US$ of GDP | 0.2769 current US$ per US$ of GDP | 10 |
| 2000s | 0.2849 current US$ per US$ of GDP | 0.2488 current US$ per US$ of GDP | 0.3333 current US$ per US$ of GDP | 10 |
| 2010s | 0.3075 current US$ per US$ of GDP | 0.2603 current US$ per US$ of GDP | 0.3666 current US$ per US$ of GDP | 10 |
| 2020s | 0.3034 current US$ per US$ of GDP | 0.2654 current US$ per US$ of GDP | 0.3616 current US$ per US$ of GDP | 4 |
Countries ranked near Small states
- 3 Naoero 1.31 current US$ per US$ of GDP compare
- 4 Djibouti 1.23 current US$ per US$ of GDP compare
- 5 Gambia 1.19 current US$ per US$ of GDP compare
- 6 Slovenia 1.05 current US$ per US$ of GDP compare
- 7 Singapore 0.9307 current US$ per US$ of GDP compare
- 8 Slovakia 0.8793 current US$ per US$ of GDP compare
- 9 Belgium 0.8644 current US$ per US$ of GDP compare
More private sector data for Small states
- Merchandise trade 70.4% (2025)
- Food imports 16.0% (2024)
- Manufactures imports 60.8% (2024)
- Merchandise imports 141.38 billion current US$ (2025)
- Food exports 19.2% (2024)
- Manufactures exports 43.9% (2024)
- Merchandise exports 100.88 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,958 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2991 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 2.68 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy (current us$), per unit in Small states?
- Merchandise exports by the reporting economy (current us$), per unit in Small states was 0.2654 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest merchandise exports by the reporting economy (current us$), per unit recorded in Small states?
- The highest recorded value was 0.5443 current US$ per US$ of GDP in 1976.
- What is the lowest merchandise exports by the reporting economy (current us$), per unit recorded in Small states?
- The lowest recorded value was 0.2293 current US$ per US$ of GDP in 1991.
- How does Small states rank for merchandise exports by the reporting economy (current us$), per unit?
- Small states ranks 6th out of 44 groups with data for 2023.
- Is merchandise exports by the reporting economy (current us$), per unit rising or falling in Small states?
- Over the last ten years it is down 27.4%. The long-run trend across the full record is falling.
- Where does this Small states 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.