{"entity":{"iso2":"NR","iso3":"NRU","name":"Naoero","slug":"naoero"},"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":"2014-01-01","value":137.167},{"date":"2015-01-01","value":120.193},{"date":"2016-01-01","value":70.7388},{"date":"2017-01-01","value":53.038},{"date":"2018-01-01","value":42.7495},{"date":"2019-01-01","value":94.2792},{"date":"2020-01-01","value":56.9432},{"date":"2021-01-01","value":85.0817},{"date":"2022-01-01","value":72.5073},{"date":"2023-01-01","value":66.8601},{"date":"2024-01-01","value":57.7954},{"date":"2025-01-01","value":55.6692}],"summary":{"latest_period":"2025-01-01","latest_value":55.6692,"max":137.167,"mean":76.0852,"min":42.7495,"of":204,"rank":96,"trend":"falling"}}