Arab World's trade (% of GDP) was 65.35% in 2024, the latest year in the World Bank's World Development Indicators. That is down 20.89 percentage points from 86.24% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 65.35% | 2024 |
| Five years earlier | 78.98% | 2019 |
| Ten years earlier | 86.24% | 2014 |
| Highest | 96.15% | 2008 |
| Lowest | 57.63% | 1994 |
| Average since 2015 | 78.84% | 2015–2024 |
| First recorded | 59.8% | 1970 |
What the numbers say
In 2024, Arab World's trade (% of GDP) fell 21.68 percentage points on 2023 (from 87.04% to 65.35%).
Across the 30 yearly changes before that (1994 to 2023), the average change was +0.87 percentage points and a typical year strayed about 3.92 percentage points from that (the standard deviation). This year's change was 5.8 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 20.17 percentage points in 1973 and the biggest yearly fall was 21.68 percentage points in 2024. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Arab World | 65.35% | 2024 |
| World | 68.49% | 2025 |
What this measures
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 55 values
| Year | Trade (% of GDP) |
|---|---|
| 2024 | 65.35 |
| 2023 | 87.04 |
| 2022 | 86.56 |
| 2021 | 79.44 |
| 2020 | 74.62 |
| 2019 | 78.98 |
| 2018 | 79.78 |
| 2017 | 79.31 |
| 2016 | 75.87 |
| 2015 | 81.5 |
| 2014 | 86.24 |
Trade (% of GDP) in nearby economies
More economic policy & debt data for Arab World
- GDP (current US$) — US$3.8 trillion (2025)
- GDP per capita (current US$) — US$7,544 (2025)
- GNI (current US$) — US$3.83 trillion (2025)
- GDP (constant 2015 US$) — US$3.22 trillion (2025)
- GDP per capita (constant 2015 US$) — US$6,404 (2025)
- GDP (annual % growth) — 3.68% (2025)
- GDP per capita (annual % growth) — 1.46% (2025)
- General government final consumption expenditure (current US$) — US$658.27 billion (2025)
- General government final consumption expenditure (% of GDP) — 17.33% (2025)
- Households and NPISHs final consumption expenditure (current US$)
Reading data like this
Questions people ask
- What is Arab World's trade (% of GDP)?
- 65.35% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 5.55 percentage points from 59.8% in 1970. The highest value was 96.15% in 2008 and the lowest 57.63% in 1994.
- Is the latest change in trade (% of GDP) unusual for Arab World?
- In 2024, Arab World's trade (% of GDP) fell 21.68 percentage points on 2023 (from 87.04% to 65.35%). Across the 30 yearly changes before that (1994 to 2023), the average change was +0.87 percentage points and a typical year strayed about 3.92 percentage points from that (the standard deviation). This year's change was 5.8 standard deviations below that average, so it was unusually large compared with the rest of the record.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).
Source
World Bank, World Development Indicators, indicator NE.TRD.GNFS.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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