World Trade to GDP Ratio 1970-2024

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 62.50%, a 5.76% increase from 2021.
  • World trade to gdp ratio for 2021 was 56.74%, a 4.37% increase from 2020.
  • World trade to gdp ratio for 2020 was 52.37%, a 4.1% decline from 2019.
  • World trade to gdp ratio for 2019 was 56.48%, a 1.22% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
European Union 105.94%
Euro Area 103.30%
OECD members 63.93%
World 62.50%
East Asia & Pacific 61.06%
Sub-Saharan Africa 61.05%
Latin America & Caribbean 57.26%
South Asia 47.30%
North America 30.51%
World Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2022 62.50% 5.76%
2021 56.74% 4.37%
2020 52.37% -4.10%
2019 56.48% -1.22%
2018 57.69% 1.48%
2017 56.21% 1.75%
2016 54.46% -1.81%
2015 56.27% -2.35%
2014 58.63% -0.59%
2013 59.22% -0.72%
2012 59.93% -0.18%
2011 60.11% 3.17%
2010 56.94% 4.38%
2009 52.57% -8.51%
2008 61.08% 1.66%
2007 59.42% 0.41%
2006 59.01% 2.21%
2005 56.81% 2.06%
2004 54.74% 3.60%
2003 51.15% 1.70%
2002 49.44% 0.06%
2001 49.39% -1.11%
2000 50.50% 4.42%
1999 46.08% 0.48%
1998 45.59% 0.48%
1997 45.11% 1.84%
1996 43.27% 0.13%
1995 43.14% 1.84%
1994 41.30% 0.94%
1993 40.36% -0.44%
1992 40.79% 2.88%
1991 37.91% -0.13%
1990 38.04% 0.03%
1989 38.01% 0.38%
1988 37.63% 1.83%
1987 35.81% 1.27%
1986 34.54% -2.46%
1985 36.99% -0.45%
1984 37.44% 1.31%
1983 36.13% -0.83%
1982 36.96% -2.02%
1981 38.98% 0.44%
1980 38.54% 2.82%
1979 35.72% 2.19%
1978 33.53% 0.40%
1977 33.13% 0.36%
1976 32.76% 0.78%
1975 31.98% -1.79%
1974 33.78% 4.76%
1973 29.01% 3.03%
1972 25.99% 0.19%
1971 25.80% 0.04%
1970 25.76% 0.04%