Lower middle income - Merchandise trade

Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in Lower middle income was 37.79 as of 2020. Its highest value over the past 60 years was 53.75 in 2008, while its lowest value was 19.46 in 1962.

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 21.48
1961 21.08
1962 19.46
1963 19.93
1964 20.14
1965 20.34
1966 23.52
1967 22.18
1968 20.56
1969 20.02
1970 20.27
1971 21.69
1972 20.93
1973 23.58
1974 31.19
1975 31.86
1976 32.15
1977 32.86
1978 32.18
1979 31.68
1980 35.32
1981 30.18
1982 28.17
1983 28.13
1984 27.47
1985 24.12
1986 19.78
1987 23.03
1988 25.34
1989 28.81
1990 29.82
1991 31.91
1992 32.02
1993 34.78
1994 35.02
1995 37.32
1996 37.12
1997 38.57
1998 39.08
1999 38.23
2000 42.32
2001 39.97
2002 40.16
2003 40.85
2004 44.23
2005 47.79
2006 47.81
2007 47.10
2008 53.75
2009 41.69
2010 43.85
2011 48.79
2012 47.23
2013 46.14
2014 45.01
2015 39.52
2016 36.89
2017 39.88
2018 44.17
2019 41.01
2020 37.79

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade