Trade openness — all countries

Trade openness — Guam

Trade openness in Guam in 2022 — 71.87%. Ranked 115 in the world out of 183. Since 2002, the indicator has risen by 2.98 pp.

2022 71.87% +10.03 pp vs 2021
World rank 115of 183
Period maximum 79.53%2013
Period minimum 61.84%2021

Trend over time

2002–2022 · % of GDP

Trade openness — Guam, 2002–20226065707580200220042006200820102012201420162018202020222002: 68.89%2003: 64.02%2004: 68%2005: 66.44%2006: 72.77%2007: 79.46%2008: 78.27%2009: 72.02%2010: 72.03%2011: 77.79%2012: 76.75%2013: 79.53%2014: 78.36%2015: 71.34%2016: 70.41%2017: 69.27%2018: 72.96%2019: 78.06%2020: 63.67%2021: 61.84%2022: 71.87%
Change over the period: +2.98 pp Annual average: 0.15 pp

Comparison, 2022

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

Guam 71.87%
World 62.15%
Micronesia (subregion) computed 80.56%
High-income countries computed 65.65%
Trade openness — Guam, by year Guam All countries CSV XLSX
Year % Change, pp
2022 71.87 +10.03 pp
2021 61.84 −1.84 pp
2020 63.67 −14.39 pp
2019 78.06 +5.1 pp
2018 72.96 +3.7 pp
2017 69.27 −1.15 pp
2016 70.41 −0.93 pp
2015 71.34 −7.02 pp
2014 78.36 −1.17 pp
2013 79.53 +2.78 pp
2012 76.75 −1.04 pp
2011 77.79 +5.75 pp
2010 72.03 +0.02 pp
2009 72.02 −6.26 pp
2008 78.27 −1.19 pp
2007 79.46 +6.69 pp
2006 72.77 +6.33 pp
2005 66.44 −1.56 pp
2004 68 +3.98 pp
2003 64.02 −4.86 pp
2002 68.89

About the indicator

The sum of exports and imports of goods and services as a percent of GDP — the standard indicator of the trade openness of an economy. Values above 100% are not an anomaly: they mean that trade turnover exceeds annual GDP, which is typical of trading hubs and of small economies built into supply chains.

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