Upper middle income - Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in Upper middle income was 38.88 as of 2020. Its highest value over the past 60 years was 55.60 in 2006, while its lowest value was 14.19 in 1966.

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 16.31
1961 17.06
1962 16.31
1963 16.35
1964 15.58
1965 14.57
1966 14.19
1967 14.23
1968 14.88
1969 14.45
1970 15.27
1971 15.20
1972 15.19
1973 16.96
1974 21.49
1975 21.00
1976 20.41
1977 20.64
1978 22.53
1979 25.30
1980 31.67
1981 30.49
1982 29.24
1983 29.53
1984 31.20
1985 30.02
1986 29.41
1987 31.94
1988 34.02
1989 34.72
1990 29.70
1991 32.59
1992 31.14
1993 31.29
1994 34.10
1995 36.63
1996 36.30
1997 36.82
1998 35.42
1999 39.04
2000 43.23
2001 42.87
2002 46.04
2003 50.04
2004 54.20
2005 54.65
2006 55.60
2007 54.02
2008 53.46
2009 43.76
2010 47.19
2011 48.04
2012 47.02
2013 45.60
2014 44.19
2015 41.01
2016 38.57
2017 39.36
2018 40.96
2019 39.48
2020 38.88

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade