Israel - Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in Israel was 29.41 as of 2020. Its highest value over the past 60 years was 61.51 in 2007, while its lowest value was 26.29 in 1961.

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 27.44
1961 26.29
1962 36.41
1963 34.29
1964 35.56
1965 34.61
1966 33.57
1967 32.98
1968 42.13
1969 44.70
1995 48.33
1996 47.40
1997 46.43
1998 45.12
1999 50.32
2000 52.16
2001 49.30
2002 53.54
2003 53.59
2004 60.10
2005 61.49
2006 61.05
2007 61.51
2008 57.84
2009 45.62
2010 49.91
2011 53.53
2012 52.42
2013 46.81
2014 45.02
2015 42.03
2016 39.62
2017 36.67
2018 37.08
2019 33.95
2020 29.41

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade