IBRD only - Merchandise trade

Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in IBRD only was 40.22 as of 2020. Its highest value over the past 60 years was 54.98 in 2006, while its lowest value was 16.18 in 1965.

Definition: Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: World Trade Organization, and World Bank GDP estimates.

See also:

Year Value
1960 18.16
1961 18.58
1962 17.28
1963 17.22
1964 16.73
1965 16.18
1966 16.86
1967 16.82
1968 16.94
1969 16.39
1970 16.69
1971 16.66
1972 16.37
1973 18.12
1974 24.35
1975 24.21
1976 23.82
1977 23.91
1978 25.09
1979 26.72
1980 31.82
1981 31.11
1982 29.48
1983 28.67
1984 29.48
1985 27.16
1986 24.87
1987 28.48
1988 30.99
1989 32.86
1990 30.18
1991 32.91
1992 31.59
1993 32.31
1994 34.39
1995 36.81
1996 36.68
1997 37.54
1998 36.65
1999 39.10
2000 43.57
2001 42.56
2002 45.34
2003 48.57
2004 52.77
2005 53.95
2006 54.98
2007 53.56
2008 54.67
2009 44.03
2010 46.97
2011 49.08
2012 47.96
2013 46.82
2014 45.31
2015 42.08
2016 39.56
2017 40.85
2018 43.09
2019 41.17
2020 40.22

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade