Trade to GDP Ratio 1960-2025

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • trade to gdp ratio for 2023 was 54.23%, a 5.64% decline from 2022.
  • trade to gdp ratio for 2022 was 59.88%, a 5.18% increase from 2021.
  • trade to gdp ratio for 2021 was 54.70%, a 6.51% increase from 2020.
  • trade to gdp ratio for 2020 was 48.18%, a 4.38% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2023 54.23% -5.64%
2022 59.88% 5.18%
2021 54.70% 6.51%
2020 48.18% -4.38%
2019 52.57% -2.44%
2018 55.01% 3.79%
2017 51.22% 2.18%
2016 49.04% -1.90%
2015 50.93% -3.74%
2014 54.67% -1.92%
2013 56.59% -1.26%
2012 57.85% -0.29%
2011 58.15% 3.26%
2010 54.89% 1.56%
2009 53.33% -7.98%
2008 61.31% 3.02%
2007 58.29% 0.33%
2006 57.97% 1.38%
2005 56.58% 2.38%
2004 54.20% 4.20%
2003 50.01% 0.85%
2002 49.16% 1.52%
2001 47.64% -1.18%
2000 48.82% 4.30%
1999 44.52% -2.84%
1998 47.36% 1.03%
1997 46.33% 0.93%
1996 45.40% 1.30%
1995 44.10% 3.55%
1994 40.55% 0.95%
1993 39.60% -1.00%
1992 40.60% 0.57%
1991 40.03% 0.82%
1990 39.21% 0.80%
1989 38.42% 1.53%
1988 36.88% 2.46%
1987 34.42% 2.04%
1986 32.38% -2.42%
1985 34.79% -1.63%
1984 36.42% -0.87%
1983 37.29% -0.48%
1982 37.78% -1.47%
1981 39.24% -0.24%
1980 39.48% 1.77%
1979 37.71% 1.87%
1978 35.84% -0.51%
1977 36.34% 1.08%
1976 35.26% -1.08%
1975 36.34% 0.97%
1974 35.37% 1.05%
1973 34.32% 5.76%
1972 28.56% 1.22%
1971 27.34% 0.58%
1970 26.76% 1.70%
1969 25.06% -0.46%
1968 25.52% 3.86%
1967 21.66% -1.22%
1966 22.88% 2.79%
1965 20.10% -2.14%
1964 22.24% 0.15%
1963 22.09% 1.43%
1962 20.65% -2.98%
1961 23.64% 0.05%
1960 23.59% 0.05%