Merchandise trade (% of GDP) — all countries

Merchandise trade (% of GDP) — Guam

Merchandise trade (% of GDP) in Guam in 2022 — 18.42%. Ranked 200 in the world out of 203. Since 2011, the indicator has risen by 2.51 pp.

2022 18.42% +4.76 pp vs 2021
World rank 200of 203
Period maximum 19.91%2014
Period minimum 10.67%2020

Trend over time

2011–2022 · % of GDP

Merchandise trade (% of GDP) — Guam, 2011–20221012.51517.52020112013201520172019202120222011: 15.91%2012: 13.03%2013: 13.43%2014: 19.91%2015: 12.71%2016: 12.64%2017: 13.19%2018: 18.24%2019: 17.03%2020: 10.67%2021: 13.67%2022: 18.42%
Change over the period: +2.51 pp Annual average: 0.23 pp

Comparison, 2022

How the value compares with the world and the groups this territory belongs to: Guam

Guam 18.42%
World 49.32%
Micronesia (subregion) computed 31.59%
High-income countries computed 51.42%
Merchandise trade (% of GDP) — Guam, by year Guam All countries CSV XLSX
Year % Change, pp
2022 18.42 +4.76 pp
2021 13.67 +3 pp
2020 10.67 −6.36 pp
2019 17.03 −1.22 pp
2018 18.24 +5.06 pp
2017 13.19 +0.55 pp
2016 12.64 −0.07 pp
2015 12.71 −7.2 pp
2014 19.91 +6.48 pp
2013 13.43 +0.4 pp
2012 13.03 −2.88 pp
2011 15.91

Micronesia, 2022

The same indicator for neighboring countries — with links to their pages

About the indicator

The sum of exports and imports of goods as a percent of GDP. It differs from trade openness in that services are not counted here, and the difference between the two indicators is exactly what shows the weight of services in a country's foreign trade. The highest values come not from large exporters but from transshipment economies — Singapore, Hong Kong, Luxembourg — where goods are brought in to be sent out again, and both flows are counted in full.

Important: Goods only. The value can exceed 100% of GDP: exports and imports are counted at the full value of the goods while GDP is counted as value added, so in transshipment economies the values run to several hundred percent.

Source: World Development Indicators (World Bank), license CC BY 4.0.