IDA only - Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in IDA only was 39.76 as of 2020. Its highest value over the past 60 years was 51.64 in 2012, while its lowest value was 24.05 in 1987.

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 33.11
1961 33.29
1962 31.23
1963 29.26
1964 34.49
1965 31.23
1966 30.35
1967 31.08
1968 32.12
1969 32.07
1970 33.46
1971 33.05
1972 28.94
1973 30.96
1974 32.90
1975 28.42
1976 33.66
1977 35.01
1978 31.74
1979 33.45
1980 38.86
1981 35.16
1982 31.13
1983 31.97
1984 30.92
1985 28.63
1986 25.59
1987 24.05
1988 27.03
1989 28.59
1990 28.68
1991 26.72
1992 29.28
1993 29.84
1994 32.85
1995 34.61
1996 33.00
1997 31.77
1998 31.17
1999 31.51
2000 31.26
2001 32.51
2002 33.07
2003 34.01
2004 36.85
2005 38.48
2006 39.45
2007 39.29
2008 40.61
2009 34.82
2010 37.78
2011 51.27
2012 51.64
2013 49.60
2014 47.80
2015 44.15
2016 42.46
2017 44.29
2018 46.02
2019 44.06
2020 39.76

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade