OECD members - Merchandise trade

Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in OECD members was 40.32 as of 2020. Its highest value over the past 60 years was 45.89 in 2011, while its lowest value was 15.01 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 15.31
1961 15.29
1962 15.01
1963 15.26
1964 15.75
1965 15.74
1966 16.18
1967 15.96
1968 16.50
1969 17.14
1970 18.75
1971 18.85
1972 19.33
1973 21.95
1974 27.32
1975 25.20
1976 26.38
1977 26.48
1978 25.88
1979 28.24
1980 30.51
1981 29.30
1982 27.95
1983 26.67
1984 27.75
1985 27.10
1986 25.47
1987 25.95
1988 26.32
1989 27.16
1990 27.87
1991 26.79
1992 26.36
1993 25.36
1994 26.82
1995 29.06
1996 30.07
1997 31.40
1998 31.61
1999 32.35
2000 34.97
2001 33.97
2002 33.67
2003 34.73
2004 37.16
2005 38.94
2006 41.76
2007 43.42
2008 45.82
2009 37.49
2010 42.09
2011 45.89
2012 45.39
2013 45.41
2014 44.90
2015 42.15
2016 40.74
2017 42.72
2018 44.03
2019 42.41
2020 40.32

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade