World - Trade (% of GDP)

Trade (% of GDP) in World was 51.62 as of 2020. Its highest value over the past 50 years was 60.99 in 2008, while its lowest value was 25.01 in 1970.

Definition: Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 25.01
1971 25.16
1972 25.39
1973 28.42
1974 33.27
1975 31.47
1976 32.15
1977 32.43
1978 32.02
1979 34.27
1980 37.14
1981 37.41
1982 36.74
1983 35.90
1984 37.17
1985 36.71
1986 34.28
1987 35.60
1988 37.44
1989 37.94
1990 37.91
1991 37.83
1992 40.74
1993 40.24
1994 41.07
1995 43.17
1996 43.30
1997 45.20
1998 45.60
1999 46.05
2000 50.69
2001 49.61
2002 49.42
2003 51.18
2004 54.62
2005 56.68
2006 58.94
2007 59.33
2008 60.99
2009 52.46
2010 56.96
2011 60.19
2012 59.94
2013 59.15
2014 58.55
2015 56.17
2016 54.40
2017 56.15
2018 57.69
2019 56.33
2020 51.62

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts