Merchandise trade as a proportion of GDP (%) in Canada
Canada: Merchandise trade as a proportion of GDP (%) was 50.9% in 2024. ▼ Falling
Latest (2024)
50.9%
Change on year
down 3.0%
World rank
120th
of 220 countries
All-time high
70.0%
in 2000
All-time low
47.0%
in 2009
Years of data
25
2000–2024
Merchandise trade as a proportion of GDP in Canada, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Canada recorded 50.9% for merchandise trade as a proportion of gdp in 2024.
The figure is down 3.0% on the previous year and down 3.3% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Canada peaked at 70.0% in 2000 and was at its lowest, 47.0%, in 2009.
Canada ranks 120th of 220 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Merchandise trade as a proportion of GDP (%) in Canada, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 70.0% | — |
| 2001 | 65.9% | -5.8% |
| 2002 | 63.1% | -4.3% |
| 2003 | 57.8% | -8.4% |
| 2004 | 58.1% | +0.5% |
| 2005 | 58.2% | +0.2% |
| 2006 | 56.6% | -2.7% |
| 2007 | 55.2% | -2.5% |
| 2008 | 56.4% | +2.1% |
| 2009 | 47.0% | -16.6% |
| 2010 | 48.9% | +4.0% |
| 2011 | 51.0% | +4.4% |
| 2012 | 51.0% | -0.1% |
| 2013 | 50.6% | -0.8% |
| 2014 | 52.7% | +4.2% |
| 2015 | 54.0% | +2.4% |
| 2016 | 52.5% | -2.7% |
| 2017 | 52.4% | -0.3% |
| 2018 | 53.4% | +1.9% |
| 2019 | 52.3% | -2.1% |
| 2020 | 49.0% | -6.2% |
| 2021 | 50.2% | +2.5% |
| 2022 | 54.3% | +8.0% |
| 2023 | 52.5% | -3.2% |
| 2024 | 50.9% | -3.0% |
Canada compared with similar countries
- Canada's 50.9% is below the median for high income countries, which is 56.9%, 90% of the median. (73 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 58.8% | 47.0% | 70.0% | 10 |
| 2010s | 51.9% | 48.9% | 54.0% | 10 |
| 2020s | 51.4% | 49.0% | 54.3% | 5 |
Countries ranked near Canada
- 117 Spain 51.9% compare
- 118 Sierra Leone 51.4% compare
- 119 Ecuador 51.3% compare
- 121 Northern Mariana Islands 50.5% compare
- 122 Costa Rica 50.5% compare
- 123 Iceland 50.4% compare
More economy & growth data for Canada
- Real gdp growth, annual growth rate -14.81 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.8812 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.66 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.98 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0101 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 560.16 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0258 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0073 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 409.02 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.65 % change on previous year (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Canada?
- Merchandise trade as a proportion of gdp in Canada was 50.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Canada?
- The highest recorded value was 70.0% in 2000.
- What is the lowest merchandise trade as a proportion of gdp recorded in Canada?
- The lowest recorded value was 47.0% in 2009.
- How does Canada rank for merchandise trade as a proportion of gdp?
- Canada ranks 120th out of 220 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Canada?
- Over the last ten years it is down 3.3%. The long-run trend across the full record is falling.
- Where does this Canada data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).