Trade volume % GDP in Pacific island small states stood at 66.16% in 2025, according to World Bank. The latest value is up 0.28 percentage points from 65.88% in 2024. Ten years earlier, in 2015, the value was 61.82% (up 4.34 percentage points since). The highest value since 1960 was 102.1% in 1964, the lowest 55.03% in 2020.
Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash
Trade volume % GDP, measured in %, measures the total economic output of Pacific island small states. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In Pacific island small states, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.
Trade volume % GDP in Pacific island small states stood at 66.16% in 2025, according to World Bank.
The latest value is up 0.28 percentage points from 65.88% in 2024. Ten years earlier, in 2015, the value was 61.82% (up 4.34 percentage points since).
The highest value since 1960 was 102.1% in 1964, the lowest 55.03% in 2020.
| Indicator | Trade volume % GDP |
|---|---|
| Country | Pacific island small states |
| Category | Macroeconomics |
| Unit | % |
| Source | World Bank |
| Interactive chart | View on EconDash |
| API access | EconDash API documentation |
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World Bank. (2026). Trade volume % GDP — Pacific island small states [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/trade-volume-percent-gdp/PSS. Original source: https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS
World Bank. "Trade volume % GDP — Pacific island small states." EconDash, 2026, https://econdash.org/chart/trade-volume-percent-gdp/PSS. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS.
World Bank. 2026. "Trade volume % GDP — Pacific island small states." EconDash. Accessed November 13, 2026. https://econdash.org/chart/trade-volume-percent-gdp/PSS. Original source: https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS.
@misc{econdash_trade_volume_percent_gdp_pss,
author = {{World Bank}},
title = {{Trade volume \% GDP --- Pacific island small states}},
howpublished = {EconDash},
year = {2026},
url = {https://econdash.org/chart/trade-volume-percent-gdp/PSS},
note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS}
}Browse indicators available for Pacific island small states. Click any indicator to view its interactive chart, compare with other countries, and download historical data.
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