Merchandise trade as a proportion of GDP (%) in World
World: Merchandise trade as a proportion of GDP (%) was 44.0% in 2024. ▲ Rising
Merchandise trade as a proportion of GDP in World, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
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 22nd of 36 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 | % | 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)
- SDRs holdings, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0076 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 110.14 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.0002 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0056 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 80.42 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.2 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0052 units per US$ of GDP (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 22nd out of 36 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.
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