home
docs

Small states Trade volume % GDP 2026: Interactive Chart & Historical Data

Trade volume % GDP in Small states stood at 70.42% in 2025, according to World Bank. The latest value is almost unchanged from 70.42% in 2024. Ten years earlier, in 2015, the value was 67.1% (up 3.32 percentage points since). The highest value since 1960 was 138.8% in 1976, the lowest 63.62% in 1993.

Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1960–2025
Read full description

What is Trade volume % GDP?

Trade volume % GDP, measured in %, measures the total economic output of 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 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.

Key facts

What is the latest Trade volume % GDP in Small states?

Trade volume % GDP in Small states stood at 70.42% in 2025, according to World Bank.

Is Trade volume % GDP in Small states rising or falling?

The latest value is almost unchanged from 70.42% in 2024. Ten years earlier, in 2015, the value was 67.1% (up 3.32 percentage points since).

What is the highest Trade volume % GDP on record in Small states?

The highest value since 1960 was 138.8% in 1976, the lowest 63.62% in 1993.

Metadata for Trade volume % GDP in Small states
IndicatorTrade volume % GDP
CountrySmall states
CategoryMacroeconomics
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Loading chart...

Source:World Bank — series TG.VAL.TOTL.GD.ZS
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Trade volume % GDP — Small states [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/trade-volume-percent-gdp/SST. Original source: https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS

MLA

World Bank. "Trade volume % GDP — Small states." EconDash, 2026, https://econdash.org/chart/trade-volume-percent-gdp/SST. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS.

Chicago

World Bank. 2026. "Trade volume % GDP — Small states." EconDash. Accessed November 13, 2026. https://econdash.org/chart/trade-volume-percent-gdp/SST. Original source: https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS.

BibTeX
@misc{econdash_trade_volume_percent_gdp_sst,
  author = {{World Bank}},
  title = {{Trade volume \% GDP --- Small states}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/trade-volume-percent-gdp/SST},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS}
}