Merchandise trade as a proportion of GDP in World
World: Merchandise trade as a proportion of GDP was 44.0% in 2024. ▲ Rising
Latest (2024)
44.0%
Change on year
down 1.8%
Rank
19th
of 34 groups
All-time high
50.6%
in 2008
All-time low
37.1%
in 2001
Years of data
25
2000–2024
Merchandise trade as a proportion of GDP in World, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, merchandise trade as a proportion of gdp in World stood at 44.0%.
The figure is down 1.8% on the previous year and down 6.8% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in World peaked at 50.6% in 2008 and was at its lowest, 37.1%, in 2001.
World ranks 19th of 34 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Merchandise trade as a proportion of GDP in World, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 38.2% | — |
| 2001 | 37.1% | -2.9% |
| 2002 | 37.3% | +0.5% |
| 2003 | 38.8% | +4.1% |
| 2004 | 41.9% | +7.9% |
| 2005 | 44.2% | +5.4% |
| 2006 | 46.9% | +6.2% |
| 2007 | 48.1% | +2.5% |
| 2008 | 50.6% | +5.2% |
| 2009 | 41.3% | -18.3% |
| 2010 | 45.7% | +10.5% |
| 2011 | 49.1% | +7.6% |
| 2012 | 48.6% | -1.1% |
| 2013 | 48.3% | -0.6% |
| 2014 | 47.2% | -2.2% |
| 2015 | 43.7% | -7.4% |
| 2016 | 41.7% | -4.7% |
| 2017 | 43.3% | +3.9% |
| 2018 | 44.9% | +3.6% |
| 2019 | 43.0% | -4.2% |
| 2020 | 41.0% | -4.6% |
| 2021 | 45.4% | +10.6% |
| 2022 | 49.1% | +8.2% |
| 2023 | 44.8% | -8.6% |
| 2024 | 44.0% | -1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 42.5% | 37.1% | 50.6% | 10 |
| 2010s | 45.5% | 41.7% | 49.1% | 10 |
| 2020s | 44.8% | 41.0% | 49.1% | 5 |
Countries ranked near World
More economy & growth data for World
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.23 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2028)
- Manufacturing, value added (current US$), per unit of GDP 0.1487 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 2,142 current US$ per person (2025)
- Industry (including construction), value added (current US$), annual 4.1 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2498 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 3,599 current US$ per person (2025)
- Industry (including construction), value added (constant 2015 US$) 3.42 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2248 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 3,238 constant 2015 US$ per person (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in World?
- Merchandise trade as a proportion of gdp in World was 44.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in World?
- The highest recorded value was 50.6% in 2008.
- What is the lowest merchandise trade as a proportion of gdp recorded in World?
- The lowest recorded value was 37.1% in 2001.
- How does World rank for merchandise trade as a proportion of gdp?
- World ranks 19th out of 34 groups with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in World?
- Over the last ten years it is down 6.8%. The long-run trend across the full record is rising.
- Where does this World 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).