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Trade openness — all countries

Trade openness — Western Asia

Trade openness in Western Asia in 2024 — 64.3%. Since 1980, the indicator has fallen by 15.15 pp.

2024 64.3% −19.93 pp vs 2023
World rank —
Period maximum 87.25%2022
Period minimum 45.87%1990

Trend over time

1980–2024 · % of GDP

Trade openness — Western Asia, 1980–202440608010019801985199019952000200520102015202020241980: 79.46%1981: 80.32%1982: 78.13%1983: 70.45%1984: 68.82%1985: 62.77%1986: 54.69%1987: 59.33%1988: 57.33%1989: 59.38%1990: 45.87%1991: 58.91%1992: 59.04%1993: 57.58%1994: 60.89%1995: 56.72%1996: 58.41%1997: 60.93%1998: 57.72%1999: 60.8%2000: 66.42%2001: 70.56%2002: 69.92%2003: 71.25%2004: 76.56%2005: 78.24%2006: 80.72%2007: 82.62%2008: 85.43%2009: 78.46%2010: 77.02%2011: 83.1%2012: 84.86%2013: 83.32%2014: 83.08%2015: 78.83%2016: 74.47%2017: 77.99%2018: 79.84%2019: 79.3%2020: 75.2%2021: 79.89%2022: 87.25%2023: 84.24%2024: 64.3%
Change over the period: −15.15 pp Annual average: -0.34 pp

Comparison, 2024

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

Western Asia 64.3%
World 56.72%
Trade openness — Western Asia, by year Western Asia All countries CSV XLSX
Year % Change, pp
2024 64.3 −19.93 pp
2023 84.24 −3.01 pp
2022 87.25 +7.36 pp
2021 79.89 +4.68 pp
2020 75.2 −4.09 pp
2019 79.3 −0.55 pp
2018 79.84 +1.85 pp
2017 77.99 +3.52 pp
2016 74.47 −4.36 pp
2015 78.83 −4.24 pp
2014 83.08 −0.24 pp
2013 83.32 −1.54 pp
2012 84.86 +1.76 pp
2011 83.1 +6.08 pp
2010 77.02 −1.44 pp
2009 78.46 −6.97 pp
2008 85.43 +2.81 pp
2007 82.62 +1.9 pp
2006 80.72 +2.48 pp
2005 78.24 +1.68 pp
2004 76.56 +5.32 pp
2003 71.25 +1.33 pp
2002 69.92 −0.64 pp
2001 70.56 +4.13 pp
2000 66.42 +5.62 pp
1999 60.8 +3.08 pp
1998 57.72 −3.21 pp
1997 60.93 +2.52 pp
1996 58.41 +1.69 pp
1995 56.72 −4.17 pp
1994 60.89 +3.31 pp
1993 57.58 −1.46 pp
1992 59.04 +0.13 pp
1991 58.91 +13.04 pp
1990 45.87 −13.51 pp
1989 59.38 +2.04 pp
1988 57.33 −1.99 pp
1987 59.33 +4.64 pp
1986 54.69 −8.08 pp
1985 62.77 −6.05 pp
1984 68.82 −1.63 pp
1983 70.45 −7.68 pp
1982 78.13 −2.19 pp
1981 80.32 +0.86 pp
1980 79.46 —

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.

Other indicators for Western Asia

Trade Merchandise trade (% of GDP)

Merchandise exports plus imports as a percent of GDP — without services.

Western Asia by year Trade Exports (% of GDP)

How far the economy is oriented toward external markets.

Western Asia by year Trade Imports (% of GDP)

How far the economy depends on supplies from abroad.

Western Asia by year Trade Trade balance

The difference between exports and imports of goods and services. A minus means imports are larger.

Western Asia by year
All indicators for Western Asia