India Trade to GDP Ratio 1960-2024
Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
- India trade to gdp ratio for 2023 was 45.85%, a 4.11% decline from 2022.
- India trade to gdp ratio for 2022 was 49.97%, a 4.54% increase from 2021.
- India trade to gdp ratio for 2021 was 45.42%, a 7.67% increase from 2020.
- India trade to gdp ratio for 2020 was 37.76%, a 2.15% decline from 2019.
India Trade to GDP Ratio - Historical Data |
Year |
Trade (% of GDP) |
Annual Change |
2023 |
45.85% |
-4.11% |
2022 |
49.97% |
4.54% |
2021 |
45.42% |
7.67% |
2020 |
37.76% |
-2.15% |
2019 |
39.91% |
-3.71% |
2018 |
43.62% |
2.87% |
2017 |
40.74% |
0.66% |
2016 |
40.08% |
-1.84% |
2015 |
41.92% |
-7.00% |
2014 |
48.92% |
-4.92% |
2013 |
53.84% |
-1.95% |
2012 |
55.79% |
0.17% |
2011 |
55.62% |
6.37% |
2010 |
49.26% |
2.98% |
2009 |
46.27% |
-7.10% |
2008 |
53.37% |
7.68% |
2007 |
45.69% |
-0.04% |
2006 |
45.72% |
3.72% |
2005 |
42.00% |
4.50% |
2004 |
37.50% |
6.91% |
2003 |
30.59% |
1.08% |
2002 |
29.51% |
3.52% |
2001 |
25.99% |
-0.91% |
2000 |
26.90% |
2.09% |
1999 |
24.82% |
1.12% |
1998 |
23.70% |
1.08% |
1997 |
22.62% |
0.69% |
1996 |
21.93% |
-0.94% |
1995 |
22.87% |
2.79% |
1994 |
20.08% |
0.43% |
1993 |
19.65% |
1.22% |
1992 |
18.43% |
1.45% |
1991 |
16.99% |
1.48% |
1990 |
15.51% |
0.34% |
1989 |
15.17% |
1.68% |
1988 |
13.49% |
0.91% |
1987 |
12.58% |
0.37% |
1986 |
12.22% |
-0.68% |
1985 |
12.90% |
-1.11% |
1984 |
14.01% |
0.32% |
1983 |
13.69% |
-0.44% |
1982 |
14.13% |
-0.38% |
1981 |
14.51% |
-0.88% |
1980 |
15.38% |
0.47% |
1979 |
14.92% |
2.02% |
1978 |
12.90% |
0.25% |
1977 |
12.65% |
-0.15% |
1976 |
12.80% |
0.51% |
1975 |
12.29% |
1.44% |
1974 |
10.85% |
1.92% |
1973 |
8.93% |
1.20% |
1972 |
7.74% |
0.07% |
1971 |
7.67% |
0.01% |
1970 |
7.66% |
-0.08% |
1969 |
7.74% |
-1.24% |
1968 |
8.98% |
-1.00% |
1967 |
9.98% |
-0.83% |
1966 |
10.81% |
2.30% |
1965 |
8.52% |
-0.89% |
1964 |
9.41% |
-0.78% |
1963 |
10.19% |
-0.01% |
1962 |
10.20% |
-0.06% |
1961 |
10.26% |
-1.04% |
1960 |
11.30% |
-1.04% |