High income - Merchandise trade

Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in High income was 44.06 as of 2020. Its highest value over the past 60 years was 51.05 in 2013, while its lowest value was 15.50 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 15.93
1961 15.81
1962 15.50
1963 15.78
1964 16.27
1965 16.40
1966 16.86
1967 16.67
1968 17.36
1969 18.07
1970 19.65
1971 19.85
1972 20.41
1973 23.25
1974 29.63
1975 27.38
1976 28.90
1977 29.02
1978 28.25
1979 31.09
1980 33.94
1981 32.97
1982 31.01
1983 29.24
1984 30.22
1985 29.23
1986 27.15
1987 27.80
1988 28.38
1989 29.38
1990 30.09
1991 29.22
1992 28.94
1993 28.23
1994 29.74
1995 31.96
1996 33.02
1997 34.46
1998 34.23
1999 34.85
2000 38.02
2001 36.71
2002 36.45
2003 37.70
2004 40.53
2005 42.69
2006 45.81
2007 47.64
2008 50.48
2009 41.38
2010 46.74
2011 51.00
2012 50.83
2013 51.05
2014 50.15
2015 46.64
2016 44.82
2017 46.89
2018 48.24
2019 46.36
2020 44.06

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade