CBWN World

The Commonwealth Advantage

Rapid population and per capita income growth (especially in Asia) are part of the driving forces behind the Commonwealth’s buoyancy. With 2.4 billion people, 60% of whom are under the age of 30 and over a billion women, these drivers are unlikely to slow anytime soon – with or without coronavirus. At the same time, the Commonwealth is home to 44% of the world’s poorest women so will be crucial in changing this globally.

While not a formal trading bloc, this ‘Commonwealth Advantage’ enables member states to trade up to 20% more with each other than with non-members, at a 21% lower cost, on average. Commonwealth Secretariat research also shows that these countries invest up to 27% more within the Commonwealth than outside of it – almost tripling investment levels five years ago, which stood at 10%.

Strengthening the connectivity among our countries is therefore critical, so that trade flows remain resilient during times of crisis. Digital connectivity will be especially key, as the need to interact virtually now will transform the way people trade and do business. It is already a major area of focus for the Commonwealth, under its flagship Connectivity Agenda.

Countries by region

Africa

Botswana
Cameroon
Gambia, The
Ghana
Kenya
Kingdom of eSwatini
Lesotho
Malawi
Mauritius
Mozambique
Namibia
Nigeria
Rwanda
Seychelles
Sierra Leone
South Africa
Uganda
United Republic of Tanzania
Zambia

Asia

Bangladesh
Brunei Darussalam
India
Malaysia
Maldives
Pakistan
Singapore
Sri Lanka

Caribbean and Americas

Antigua and Barbuda
The Bahamas
Barbados
Belize
Canada
Dominica
Grenada
Guyana
Jamaica
Saint Lucia
St Kitts and Nevis
St Vincent and The Grenadines
Trinidad and Tobago

Europe

Cyprus
Malta
United Kingdom

Pacific

Australia
Fiji
Kiribati
Nauru
New Zealand
Papua New Guinea
Samoa
Solomon Islands
Tonga
Tuvalu
Vanuatu