Trade in OECD members
OECD members: Trade was 56.9% in 2024. ▲ Rising
Trade in OECD members, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for trade in OECD members is 56.9%, measured in 2024.
That represents a change of down 2.1% on the previous year and up 3.0% over ten years.
Over the whole period, trade in OECD members peaked at 62.7% in 2022 and was at its lowest, 26.2%, in 1971.
That places OECD members 13th out of 41 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Trade in OECD members, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 26.3% | — |
| 1971 | 26.2% | -0.5% |
| 1972 | 26.3% | +0.1% |
| 1973 | 28.7% | +9.4% |
| 1974 | 33.9% | +17.9% |
| 1975 | 31.6% | -6.7% |
| 1976 | 32.8% | +3.9% |
| 1977 | 33.2% | +1.0% |
| 1978 | 32.5% | -2.0% |
| 1979 | 34.4% | +6.0% |
| 1980 | 36.6% | +6.5% |
| 1981 | 37.1% | +1.1% |
| 1982 | 35.8% | -3.3% |
| 1983 | 35.3% | -1.6% |
| 1984 | 37.2% | +5.5% |
| 1985 | 36.8% | -1.1% |
| 1986 | 34.2% | -7.0% |
| 1987 | 34.3% | +0.3% |
| 1988 | 35.0% | +2.2% |
| 1989 | 36.1% | +3.0% |
| 1990 | 36.1% | +0.0% |
| 1991 | 35.6% | -1.4% |
| 1992 | 35.5% | -0.2% |
| 1993 | 35.3% | -0.7% |
| 1994 | 37.0% | +5.1% |
| 1995 | 39.1% | +5.5% |
| 1996 | 39.9% | +2.0% |
| 1997 | 41.9% | +5.0% |
| 1998 | 42.5% | +1.4% |
| 1999 | 42.6% | +0.3% |
| 2000 | 46.5% | +9.2% |
| 2001 | 45.3% | -2.7% |
| 2002 | 43.9% | -3.0% |
| 2003 | 43.6% | -0.6% |
| 2004 | 45.9% | +5.2% |
| 2005 | 47.8% | +4.1% |
| 2006 | 50.4% | +5.6% |
| 2007 | 51.5% | +2.1% |
| 2008 | 53.7% | +4.2% |
| 2009 | 46.8% | -12.9% |
| 2010 | 51.3% | +9.7% |
| 2011 | 55.1% | +7.4% |
| 2012 | 55.5% | +0.7% |
| 2013 | 55.1% | -0.7% |
| 2014 | 55.2% | +0.1% |
| 2015 | 54.2% | -1.9% |
| 2016 | 53.1% | -2.0% |
| 2017 | 55.0% | +3.5% |
| 2018 | 56.3% | +2.4% |
| 2019 | 55.7% | -1.2% |
| 2020 | 51.2% | -8.0% |
| 2021 | 55.4% | +8.2% |
| 2022 | 62.7% | +13.2% |
| 2023 | 58.1% | -7.4% |
| 2024 | 56.9% | -2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 30.6% | 26.2% | 34.4% | 10 |
| 1980s | 35.8% | 34.2% | 37.2% | 10 |
| 1990s | 38.5% | 35.3% | 42.6% | 10 |
| 2000s | 47.5% | 43.6% | 53.7% | 10 |
| 2010s | 54.7% | 51.3% | 56.3% | 10 |
| 2020s | 56.9% | 51.2% | 62.7% | 5 |
Countries ranked near OECD members
More economy & growth data for OECD members
- Industry (including construction), value added 11.64 trillion constant 2015 US$ (2024)
- External balance on goods and services -0.1% (2025)
- Agriculture, forestry, and fishing, value added 731.26 billion constant 2015 US$ (2024)
- Agriculture, forestry, and fishing, value added 0.7% (2024)
- Manufacturing, value added 7.62 trillion current US$ (2022)
- Trade in services 14.9% (2025)
- Manufacturing, value added 12.4% (2022)
- Industry (including construction), value added 12.98 trillion current US$ (2022)
- Inflation, GDP deflator 3.1% (2025)
- Services, value added 69.8% (2021)
Frequently asked questions
- What is trade in OECD members?
- Trade in OECD members was 56.9% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest trade recorded in OECD members?
- The highest recorded value was 62.7% in 2022.
- What is the lowest trade recorded in OECD members?
- The lowest recorded value was 26.2% in 1971.
- How does OECD members rank for trade?
- OECD members ranks 13th out of 41 groups with data for 2024.
- Is trade rising or falling in OECD members?
- Over the last ten years it is up 3.0%. The long-run trend across the full record is rising.
- Where does this OECD members data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Trade (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.