Small states - Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in Small states was 62.69 as of 2020. Its highest value over the past 60 years was 125.23 in 1980, while its lowest value was 62.69 in 2020.

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 74.46
1961 74.80
1962 73.88
1963 75.95
1964 78.27
1965 75.38
1966 73.94
1967 72.11
1968 76.00
1969 80.66
1970 82.89
1971 92.88
1972 86.32
1973 90.33
1974 117.43
1975 116.58
1976 117.08
1977 114.33
1978 110.17
1979 112.09
1980 125.23
1981 124.39
1982 111.67
1983 99.46
1984 97.53
1985 90.47
1986 84.84
1987 82.91
1988 77.89
1989 85.15
1990 78.70
1991 78.91
1992 76.41
1993 75.94
1994 75.08
1995 78.29
1996 80.38
1997 79.57
1998 74.81
1999 73.32
2000 78.44
2001 76.56
2002 73.92
2003 73.76
2004 74.28
2005 77.92
2006 81.90
2007 80.14
2008 84.28
2009 72.46
2010 77.01
2011 82.79
2012 84.93
2013 83.51
2014 79.71
2015 71.40
2016 65.09
2017 66.27
2018 70.24
2019 65.99
2020 62.69

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade