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 62.07%, a 1.45% increase from 2022.
  • trade to gdp ratio for 2022 was 60.62%, a 6.92% increase from 2021.
  • trade to gdp ratio for 2021 was 53.71%, a 5.96% increase from 2020.
  • trade to gdp ratio for 2020 was 47.75%, a 9.28% 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 62.07% 1.45%
2022 60.62% 6.92%
2021 53.71% 5.96%
2020 47.75% -9.28%
2019 57.03% -3.53%
2018 60.56% 6.97%
2017 53.59% 5.83%
2016 47.76% -3.79%
2015 51.55% -4.72%
2014 56.27% -2.63%
2013 58.89% -0.41%
2012 59.30% 0.35%
2011 58.95% -1.76%
2010 60.70% -2.09%
2009 62.79% -9.07%
2008 71.86% 3.24%
2007 68.62% -0.89%
2006 69.51% -4.08%
2005 73.60% 3.00%
2004 70.59% 0.55%
2003 70.04% 7.05%
2002 62.99% 2.57%
2001 60.42% -0.77%
2000 61.19% 2.60%
1999 58.59% 2.36%
1998 56.23% 0.02%
1997 56.21% 12.91%
1996 43.31% -1.49%
1995 44.80% -0.10%
1994 44.90% -2.01%
1993 46.91% 0.32%
1992 46.59% -3.26%
1991 49.85% 1.69%
1990 48.16% 0.45%
1989 47.72% 6.34%
1988 41.37% 5.89%
1987 35.48% 1.88%
1986 33.60% -10.97%
1985 44.57% -3.89%
1984 48.46% -4.29%
1983 52.75% -8.79%
1982 61.55% -4.74%
1981 66.28% 0.93%
1980 65.35% 1.45%
1979 63.90% 3.98%
1978 59.92% -7.32%
1977 67.23% 1.21%
1976 66.02% -5.63%
1975 71.65% 2.64%
1974 69.01% 18.15%
1973 50.86% 7.73%
1972 43.13% -1.38%
1971 44.51% 2.20%
1970 42.30% 3.91%
1969 38.39% 1.44%
1968 36.95% -1.21%
1967 38.17% -0.06%
1966 38.22% 1.16%
1965 37.06% -3.50%
1964 40.56% 1.33%
1963 39.23% 5.64%
1962 33.59% -15.80%
1961 49.39% -0.56%
1960 49.95% -0.56%