Merchandise trade in Heavily indebted poor countries (HIPC)

Heavily indebted poor countries (HIPC): Merchandise trade was 45.6% in 2025. ▲ Rising

Latest (2025)
45.6%
Change on year
up 3.8%
Rank
14th
of 45 groups
All-time high
52.9%
in 2012
All-time low
22.7%
in 1991
Years of data
66
1960–2025

Merchandise trade in Heavily indebted poor countries (HIPC), 1960–2025

0204060196019922025

Source: World Trade Organization (WTO). Measured in % of GDP.

Analysis

In 2025, merchandise trade in Heavily indebted poor countries (HIPC) stood at 45.6%.

Compared with earlier readings it is up 3.8% on the previous year and down 0.2% over ten years.

Over the whole period, merchandise trade in Heavily indebted poor countries (HIPC) peaked at 52.9% in 2012 and was at its lowest, 22.7%, in 1991.

That places Heavily indebted poor countries (HIPC) 14th out of 45 groups with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently rising across the 66 years of available data.

Merchandise trade in Heavily indebted poor countries (HIPC), year by year

Annual values for Merchandise trade (% of GDP) in Heavily indebted poor countries (HIPC), 1960 to 2025.
Year % of GDP Change
1960 28.9%
1961 28.1% -2.9%
1962 26.2% -6.7%
1963 24.6% -6.0%
1964 28.9% +17.4%
1965 27.3% -5.5%
1966 27.3% -0.1%
1967 28.5% +4.5%
1968 29.1% +2.2%
1969 28.7% -1.5%
1970 30.2% +5.1%
1971 29.7% -1.4%
1972 27.4% -7.7%
1973 29.0% +5.8%
1974 33.6% +15.8%
1975 30.5% -9.2%
1976 31.3% +2.5%
1977 31.8% +1.8%
1978 29.9% -6.2%
1979 30.9% +3.4%
1980 34.9% +13.1%
1981 31.8% -8.8%
1982 28.6% -10.2%
1983 27.6% -3.4%
1984 26.4% -4.4%
1985 25.8% -2.2%
1986 29.6% +14.6%
1987 29.4% -0.5%
1988 28.3% -4.0%
1989 29.7% +5.2%
1990 26.9% -9.4%
1991 22.7% -15.9%
1992 31.5% +39.0%
1993 30.2% -3.9%
1994 36.9% +21.9%
1995 38.1% +3.3%
1996 37.8% -0.6%
1997 36.5% -3.5%
1998 36.9% +1.0%
1999 36.7% -0.4%
2000 35.2% -4.2%
2001 38.4% +9.2%
2002 38.2% -0.4%
2003 39.2% +2.5%
2004 42.6% +8.6%
2005 44.8% +5.2%
2006 45.2% +0.9%
2007 45.1% -0.1%
2008 47.4% +4.9%
2009 42.1% -11.1%
2010 46.2% +9.7%
2011 52.2% +13.2%
2012 52.9% +1.3%
2013 49.9% -5.6%
2014 48.1% -3.7%
2015 45.7% -4.9%
2016 42.2% -7.6%
2017 42.3% +0.2%
2018 43.6% +3.0%
2019 41.2% -5.6%
2020 39.1% -4.9%
2021 42.8% +9.3%
2022 45.6% +6.6%
2023 45.6% +0.1%
2024 44.0% -3.7%
2025 45.6% +3.8%

Averages by decade

DecadeAverage LowestHighest Years
1960s 27.7% 24.6% 29.1% 10
1970s 30.4% 27.4% 33.6% 10
1980s 29.2% 25.8% 34.9% 10
1990s 33.4% 22.7% 38.1% 10
2000s 41.8% 35.2% 47.4% 10
2010s 46.4% 41.2% 52.9% 10
2020s 43.8% 39.1% 45.6% 6

Countries ranked near Heavily indebted poor countries (HIPC)

  1. 11 Netherlands 139.5% compare
  2. 12 Czechia 137.3% compare
  3. 13 Hungary 133.1% compare
  4. 14 Cambodia 127.1% compare
  5. 15 Lao People's Democratic Republic 124.1% compare
  6. 16 Thailand 118.6% compare
  7. 17 American Samoa 117.7% compare

See the full ranking of 251 places →

More private sector data for Heavily indebted poor countries (HIPC)

All data for Heavily indebted poor countries (HIPC) →

Frequently asked questions

What is merchandise trade in Heavily indebted poor countries (HIPC)?
Merchandise trade in Heavily indebted poor countries (HIPC) was 45.6% in 2025, according to World Trade Organization (WTO).
What is the highest merchandise trade recorded in Heavily indebted poor countries (HIPC)?
The highest recorded value was 52.9% in 2012.
What is the lowest merchandise trade recorded in Heavily indebted poor countries (HIPC)?
The lowest recorded value was 22.7% in 1991.
How does Heavily indebted poor countries (HIPC) rank for merchandise trade?
Heavily indebted poor countries (HIPC) ranks 14th out of 45 groups with data for 2025.
Is merchandise trade rising or falling in Heavily indebted poor countries (HIPC)?
Over the last ten years it is down 0.2%. The long-run trend across the full record is rising.
Where does this Heavily indebted poor countries (HIPC) data come from?
The figures come from World Trade Organization (WTO), published as part of Merchandise trade (% of GDP). Statizoid updates them automatically from the source API.

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Merchandise trade in Heavily indebted poor countries (HIPC). Statizoid, drawing on World Trade Organization (WTO). Retrieved 03 September 2026, from https://private-sector.statizoid.com/stat/merchandise-trade-percent-of-gdp/heavily-indebted-poor-countries-hipc/

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About this data

Indicator
Merchandise trade (% of GDP)
Unit
% of GDP
Source
World Trade Organization (WTO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
251 places, 14,091 data points, 1960–2025
Last refreshed

General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.