{"entity":{"iso2":"AZ","iso3":"AZE","name":"Azerbaijan","slug":"azerbaijan"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"merchandise-trade-percent-of-gdp","source":"World Trade Organization (WTO)","source_url":"https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS","title":"Merchandise trade (% of GDP)","unit":"% of GDP"},"observations":[{"date":"1992-01-01","value":577.747},{"date":"1993-01-01","value":103.732},{"date":"1994-01-01","value":120.103},{"date":"1995-01-01","value":53.9024},{"date":"1996-01-01","value":50.0865},{"date":"1997-01-01","value":39.7238},{"date":"1998-01-01","value":37.8061},{"date":"1999-01-01","value":42.8922},{"date":"2000-01-01","value":55.3236},{"date":"2001-01-01","value":65.6141},{"date":"2002-01-01","value":61.4648},{"date":"2003-01-01","value":71.7112},{"date":"2004-01-01","value":82.1505},{"date":"2005-01-01","value":90.5898},{"date":"2006-01-01","value":87.1417},{"date":"2007-01-01","value":82.6459},{"date":"2008-01-01","value":78.1146},{"date":"2009-01-01","value":62.338},{"date":"2010-01-01","value":62.7905},{"date":"2011-01-01","value":67.7166},{"date":"2012-01-01","value":61.7839},{"date":"2013-01-01","value":56.6662},{"date":"2014-01-01","value":49.7715},{"date":"2015-01-01","value":48.6263},{"date":"2016-01-01","value":57.0338},{"date":"2017-01-01","value":59.3736},{"date":"2018-01-01","value":67.462},{"date":"2019-01-01","value":69.1303},{"date":"2020-01-01","value":57.3045},{"date":"2021-01-01","value":61.8527},{"date":"2022-01-01","value":66.8553},{"date":"2023-01-01","value":70.6683},{"date":"2024-01-01","value":63.9723},{"date":"2025-01-01","value":65.0837}],"summary":{"latest_period":"2025-01-01","latest_value":65.0837,"max":577.747,"mean":80.8582,"min":37.8061,"of":204,"rank":75,"trend":"volatile"}}