World Trade to GDP Ratio 1970-2023

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 2021 was 56.54%, a 4.36% increase from 2020.
  • World trade to gdp ratio for 2020 was 52.18%, a 4.17% decline from 2019.
  • World trade to gdp ratio for 2019 was 56.35%, a 1.23% decline from 2018.
  • World trade to gdp ratio for 2018 was 57.58%, a 1.48% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
European Union 92.83%
Euro Area 90.26%
World 56.54%
East Asia & Pacific 56.29%
OECD members 56.26%
Latin America & Caribbean 54.66%
Sub-Saharan Africa 45.91%
South Asia 42.30%
North America 28.56%
World Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2021 56.54% 4.36%
2020 52.18% -4.17%
2019 56.35% -1.23%
2018 57.58% 1.48%
2017 56.10% 1.80%
2016 54.30% -1.80%
2015 56.10% -2.37%
2014 58.47% -0.59%
2013 59.06% -0.78%
2012 59.84% -0.25%
2011 60.09% 3.20%
2010 56.89% 4.40%
2009 52.48% -8.49%
2008 60.97% 1.64%
2007 59.33% 0.39%
2006 58.95% 2.26%
2005 56.69% 2.05%
2004 54.63% 3.45%
2003 51.18% 1.75%
2002 49.43% -0.19%
2001 49.62% -1.09%
2000 50.70% 4.65%
1999 46.05% 0.44%
1998 45.61% 0.41%
1997 45.20% 1.90%
1996 43.31% 0.13%
1995 43.17% 2.08%
1994 41.09% 2.30%
1993 38.79% -1.37%
1992 40.16% 2.60%
1991 37.56% -0.04%
1990 37.61% 0.54%
1989 37.06% 0.68%
1988 36.38% 1.40%
1987 34.98% 0.71%
1986 34.27% -2.42%
1985 36.70% 0.02%
1984 36.68% 1.43%
1983 35.24% -0.67%
1982 35.91% -1.49%
1981 37.41% 0.27%
1980 37.13% 2.87%
1979 34.27% 2.25%
1978 32.01% -0.40%
1977 32.41% 0.27%
1976 32.14% 0.69%
1975 31.45% -1.80%
1974 33.26% 4.85%
1973 28.41% 3.04%
1972 25.37% 0.22%
1971 25.15% 0.15%
1970 24.99% 0.15%