{"entity":{"iso2":"MH","iso3":"MHL","name":"Marshall Islands","slug":"marshall-islands"},"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":"1988-01-01","value":50.928},{"date":"1989-01-01","value":63.1885},{"date":"1990-01-01","value":75.1822},{"date":"1991-01-01","value":81.2052},{"date":"1992-01-01","value":77.968},{"date":"1993-01-01","value":69.3739},{"date":"1994-01-01","value":85.1292},{"date":"1995-01-01","value":81.5104},{"date":"1996-01-01","value":82.9891},{"date":"1997-01-01","value":70.0734},{"date":"1998-01-01","value":65.1378},{"date":"1999-01-01","value":67.9299},{"date":"2000-01-01","value":55.7304},{"date":"2001-01-01","value":56.3697},{"date":"2002-01-01","value":62.14},{"date":"2003-01-01","value":68.635},{"date":"2004-01-01","value":78.2543},{"date":"2005-01-01","value":86.2319},{"date":"2006-01-01","value":76.1173},{"date":"2007-01-01","value":78.4053},{"date":"2008-01-01","value":81.8554},{"date":"2009-01-01","value":83.3333},{"date":"2010-01-01","value":112.973},{"date":"2011-01-01","value":104.469},{"date":"2012-01-01","value":136.691},{"date":"2013-01-01","value":113.734},{"date":"2014-01-01","value":102.688},{"date":"2015-01-01","value":87.0985},{"date":"2016-01-01","value":65.9068},{"date":"2017-01-01","value":60.8329},{"date":"2018-01-01","value":52.7273},{"date":"2019-01-01","value":52.8124},{"date":"2020-01-01","value":48.8007},{"date":"2021-01-01","value":65.4557},{"date":"2022-01-01","value":73.4375},{"date":"2023-01-01","value":63.6364},{"date":"2024-01-01","value":58.5965},{"date":"2025-01-01","value":59.4156}],"summary":{"latest_period":"2025-01-01","latest_value":59.4156,"max":136.691,"mean":75.1833,"min":48.8007,"of":204,"rank":87,"trend":"flat"}}