Exports of goods and services, Percent of GDP (Balance of Payments) in Economic Community of West African States (ECOWAS)
Economic Community of West African States (ECOWAS): Exports of goods and services, Percent of GDP (Balance of Payments) was 27.45 in 2027. ▲ Rising
Exports of goods and services, Percent of GDP (Balance of Payments) in Economic Community of West African States (ECOWAS), 2000–2027
Source: International Monetary Fund.
Analysis
Economic Community of West African States (ECOWAS) recorded 27.45 for exports of goods and services, percent of gdp (balance of payments) in 2027.
That represents a change of down 3.8% on the previous year and up 92.6% over ten years.
Over the whole period, exports of goods and services, percent of gdp (balance of payments) in Economic Community of West African States (ECOWAS) peaked at 28.55 in 2026 and was at its lowest, 10.7, in 2015.
The long-run direction has been consistently rising across the 28 years of available data.
Exports of goods and services, Percent of GDP (Balance of Payments) in Economic Community of West African States (ECOWAS), year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 22.02 | — |
| 2001 | 19.95 | -9.4% |
| 2002 | 16.42 | -17.7% |
| 2003 | 19.79 | +20.5% |
| 2004 | 21.23 | +7.3% |
| 2005 | 23.58 | +11.0% |
| 2006 | 20.02 | -15.1% |
| 2007 | 19 | -5.1% |
| 2008 | 19.56 | +3.0% |
| 2009 | 16.05 | -17.9% |
| 2010 | 17.5 | +9.1% |
| 2011 | 19.36 | +10.6% |
| 2012 | 17.55 | -9.4% |
| 2013 | 15.91 | -9.4% |
| 2014 | 13.17 | -17.2% |
| 2015 | 10.7 | -18.8% |
| 2016 | 11.15 | +4.2% |
| 2017 | 14.25 | +27.9% |
| 2018 | 15.16 | +6.4% |
| 2019 | 14.66 | -3.3% |
| 2020 | 11.94 | -18.5% |
| 2021 | 13.78 | +15.4% |
| 2022 | 15.67 | +13.7% |
| 2023 | 17.77 | +13.4% |
| 2024 | 26.43 | +48.8% |
| 2025 | 28.31 | +7.1% |
| 2026 | 28.55 | +0.9% |
| 2027 | 27.45 | -3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.76 | 16.05 | 23.58 | 10 |
| 2010s | 14.94 | 10.7 | 19.36 | 10 |
| 2020s | 21.24 | 11.94 | 28.55 | 8 |
Countries ranked near Economic Community of West African States (ECOWAS)
- 7 Zambia 46.46 compare
- 8 Burkina Faso 45.7 compare
- 9 Namibia 43.69 compare
- 10 Democratic Republic of Congo 42.73 compare
- 11 Mozambique 41.78 compare
- 12 Cape Verde 40.45 compare
- 13 Ghana 39.57 compare
More trade data for Economic Community of West African States (ECOWAS)
All data for Economic Community of West African States (ECOWAS) →
Frequently asked questions
- What is exports of goods and services, percent of gdp (balance of payments) in Economic Community of West African States (ECOWAS)?
- Exports of goods and services, percent of gdp (balance of payments) in Economic Community of West African States (ECOWAS) was 27.45 in 2027, according to International Monetary Fund.
- What is the highest exports of goods and services, percent of gdp (balance of payments) recorded in Economic Community of West African States (ECOWAS)?
- The highest recorded value was 28.55 in 2026.
- What is the lowest exports of goods and services, percent of gdp (balance of payments) recorded in Economic Community of West African States (ECOWAS)?
- The lowest recorded value was 10.7 in 2015.
- How does Economic Community of West African States (ECOWAS) rank for exports of goods and services, percent of gdp (balance of payments)?
- Economic Community of West African States (ECOWAS) ranks 10th out of 19 groups with data for 2027.
- Is exports of goods and services, percent of gdp (balance of payments) rising or falling in Economic Community of West African States (ECOWAS)?
- Over the last ten years it is up 92.6%. The long-run trend across the full record is rising.
- Where does this Economic Community of West African States (ECOWAS) data come from?
- The figures come from International Monetary Fund, published as part of Exports of goods and services, Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.