Middle income - Merchandise trade

Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in Middle income was 38.61 as of 2020. Its highest value over the past 60 years was 53.53 in 2006, while its lowest value was 16.40 in 1969.

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 18.16
1961 18.66
1962 17.40
1963 17.64
1964 17.22
1965 16.69
1966 17.21
1967 16.99
1968 16.89
1969 16.40
1970 17.02
1971 17.43
1972 17.17
1973 19.16
1974 24.87
1975 24.81
1976 24.66
1977 25.18
1978 26.18
1979 27.63
1980 33.03
1981 30.37
1982 28.80
1983 28.93
1984 29.64
1985 27.52
1986 25.23
1987 28.32
1988 30.68
1989 32.56
1990 29.74
1991 32.39
1992 31.38
1993 32.22
1994 34.34
1995 36.81
1996 36.52
1997 37.27
1998 36.31
1999 38.83
2000 42.99
2001 42.11
2002 44.43
2003 47.47
2004 51.48
2005 52.83
2006 53.53
2007 52.21
2008 53.53
2009 43.22
2010 46.33
2011 48.23
2012 47.07
2013 45.73
2014 44.39
2015 40.65
2016 38.14
2017 39.49
2018 41.72
2019 39.85
2020 38.61

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade