IDA blend - Merchandise trade

Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in IDA blend was 26.44 as of 2020. Its highest value over the past 60 years was 56.76 in 1980, while its lowest value was 21.83 in 1970.

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 32.05
1961 29.02
1962 28.66
1963 30.15
1964 32.72
1965 32.67
1966 29.05
1967 29.66
1968 22.69
1969 24.04
1970 21.83
1971 28.30
1972 31.83
1973 38.16
1974 47.63
1975 44.88
1976 45.39
1977 52.00
1978 51.33
1979 50.80
1980 56.76
1981 27.59
1982 24.34
1983 27.68
1984 31.67
1985 31.42
1986 25.80
1987 28.36
1988 29.65
1989 34.94
1990 36.71
1991 39.65
1992 40.39
1993 42.60
1994 42.13
1995 43.16
1996 44.30
1997 43.66
1998 37.15
1999 37.10
2000 36.84
2001 36.22
2002 31.98
2003 35.21
2004 38.64
2005 41.65
2006 39.09
2007 40.21
2008 43.36
2009 35.42
2010 37.86
2011 42.61
2012 37.13
2013 33.09
2014 32.98
2015 25.67
2016 24.32
2017 26.87
2018 30.48
2019 30.05
2020 26.44

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade