World 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.
  • World trade to gdp ratio for 2022 was 62.56%, a 5.75% increase from 2021.
  • World trade to gdp ratio for 2021 was 56.81%, a 4.38% increase from 2020.
  • World trade to gdp ratio for 2020 was 52.43%, a 4.06% decline from 2019.
  • World trade to gdp ratio for 2019 was 56.50%, a 1.21% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
European Union 105.96%
Euro Area 103.32%
OECD members 64.05%
World 62.56%
East Asia & Pacific 61.12%
Sub-Saharan Africa 59.77%
Latin America & Caribbean 56.99%
South Asia 46.72%
North America 30.81%
World Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2022 62.56% 5.75%
2021 56.81% 4.38%
2020 52.43% -4.06%
2019 56.50% -1.21%
2018 57.71% 1.45%
2017 56.26% 1.76%
2016 54.50% -1.81%
2015 56.31% -2.34%
2014 58.65% -0.58%
2013 59.23% -0.70%
2012 59.93% -0.18%
2011 60.11% 3.16%
2010 56.95% 4.37%
2009 52.58% -8.51%
2008 61.08% 1.66%
2007 59.43% 0.41%
2006 59.02% 2.21%
2005 56.81% 2.06%
2004 54.75% 3.60%
2003 51.15% 1.70%
2002 49.45% 0.05%
2001 49.40% -1.10%
2000 50.49% 4.41%
1999 46.09% 0.48%
1998 45.61% 0.47%
1997 45.13% 1.84%
1996 43.29% 0.13%
1995 43.15% 1.98%
1994 41.17% 2.41%
1993 38.77% -1.37%
1992 40.13% 2.60%
1991 37.53% -0.08%
1990 37.61% 0.57%
1989 37.04% 0.56%
1988 36.48% 1.43%
1987 35.06% 0.64%
1986 34.42% -2.42%
1985 36.83% 0.02%
1984 36.82% 1.45%
1983 35.37% -0.64%
1982 36.01% -1.47%
1981 37.48% 0.49%
1980 36.98% 2.83%
1979 34.15% 2.25%
1978 31.89% -0.36%
1977 32.26% 0.24%
1976 32.02% 0.69%
1975 31.33% -1.82%
1974 33.15% 4.81%
1973 28.34% 2.99%
1972 25.35% 0.24%
1971 25.10% 0.12%
1970 24.98% 24.98%
1969 0.00% 0.00%
1968 0.00% 0.00%
1967 0.00% 0.00%
1966 0.00% 0.00%
1965 0.00% 0.00%
1964 0.00% 0.00%
1963 0.00% 0.00%
1962 0.00% 0.00%
1961 0.00% 0.00%
1960 0.00% 0.00%