World - Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in World was 42.05 as of 2020. Its highest value over the past 60 years was 51.11 in 2008, while its lowest value was 16.06 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 16.60
1961 16.52
1962 16.06
1963 16.29
1964 16.66
1965 16.64
1966 17.07
1967 16.91
1968 17.45
1969 17.95
1970 19.36
1971 19.59
1972 20.01
1973 22.69
1974 28.93
1975 27.05
1976 28.29
1977 28.49
1978 28.02
1979 30.62
1980 33.90
1981 32.59
1982 30.65
1983 29.18
1984 30.16
1985 28.94
1986 26.82
1987 27.85
1988 28.70
1989 29.82
1990 30.07
1991 29.63
1992 29.32
1993 28.87
1994 30.48
1995 32.73
1996 33.62
1997 34.94
1998 34.54
1999 35.44
2000 38.81
2001 37.58
2002 37.78
2003 39.34
2004 42.49
2005 44.69
2006 47.44
2007 48.64
2008 51.11
2009 41.70
2010 46.34
2011 50.04
2012 49.47
2013 49.10
2014 47.93
2015 44.47
2016 42.44
2017 44.17
2018 45.85
2019 43.95
2020 42.05

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade