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 50.06%, a 4.88% decline from 2022.
  • trade to gdp ratio for 2022 was 54.94%, a 2.12% increase from 2021.
  • trade to gdp ratio for 2021 was 52.82%, a 1.89% increase from 2020.
  • trade to gdp ratio for 2020 was 50.93%, a 2.14% 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 50.06% -4.88%
2022 54.94% 2.12%
2021 52.82% 1.89%
2020 50.93% -2.14%
2019 53.07% -1.03%
2018 54.10% 0.83%
2017 53.27% 0.88%
2016 52.39% -1.82%
2015 54.21% -3.02%
2014 57.23% -0.94%
2013 58.18% -1.14%
2012 59.31% -1.24%
2011 60.56% 1.19%
2010 59.36% 3.90%
2009 55.46% -10.27%
2008 65.73% -1.79%
2007 67.53% -1.19%
2006 68.72% 1.34%
2005 67.38% 1.61%
2004 65.77% 5.81%
2003 59.96% 5.74%
2002 54.21% 2.16%
2001 52.05% -0.09%
2000 52.14% 4.86%
1999 47.28% 2.55%
1998 44.73% 0.26%
1997 44.47% 1.09%
1996 43.38% -1.28%
1995 44.66% 0.06%
1994 44.61% -1.20%
1993 45.81% -1.18%
1992 46.98% 12.58%
1991 34.41% 0.72%
1990 33.68% 0.19%
1989 33.49% -1.48%
1988 34.97% 4.47%
1987 30.51% 3.94%
1986 26.57% -1.48%
1985 28.05% 0.70%
1984 27.35% 1.17%
1983 26.18% -0.62%
1982 26.80% -3.83%
1981 30.63% 1.35%
1980 29.28% 4.55%
1979 24.73% 1.64%
1978 23.09% 4.21%
1977 18.88% -0.08%
1976 18.95% -0.33%
1975 19.28% -0.63%
1974 19.91% 3.71%
1973 16.20% 2.40%
1972 13.79% 0.62%
1971 13.18% 0.13%
1970 13.05% 1.24%
1969 11.80% -0.26%
1968 12.07% 0.45%
1967 11.62% -0.24%
1966 11.86% -0.05%
1965 11.91% 1.06%
1964 10.86% -0.79%
1963 11.65% 1.33%
1962 10.32% -0.89%
1961 11.21% -0.53%
1960 11.75% -0.53%