Merchandise trade in Upper middle income

Upper middle income: Merchandise trade was 42.8% in 2025. ▲ Rising

Latest (2025)
42.8%
Change on year
up 1.1%
Rank
29th
of 45 groups
All-time high
56.1%
in 2006
All-time low
16.3%
in 1966
Years of data
66
1960–2025

Merchandise trade in Upper middle income, 1960–2025

2030405060196019922025

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

Analysis

The most recent figure for merchandise trade in Upper middle income is 42.8%, measured in 2025.

That represents a change of up 1.1% on the previous year and up 4.8% over ten years.

Over the whole period, merchandise trade in Upper middle income peaked at 56.1% in 2006 and was at its lowest, 16.3%, in 1966.

Upper middle income ranks 29th of 45 groups on this measure, in the middle of the range.

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

Merchandise trade in Upper middle income, year by year

Annual values for Merchandise trade (% of GDP) in Upper middle income, 1960 to 2025.
Year % of GDP Change
1960 18.7%
1961 18.2% -2.4%
1962 17.9% -1.6%
1963 17.9% -0.4%
1964 17.4% -2.5%
1965 16.7% -4.0%
1966 16.3% -2.5%
1967 16.8% +2.9%
1968 17.2% +2.5%
1969 16.7% -2.9%
1970 17.5% +4.8%
1971 17.7% +1.3%
1972 17.3% -2.5%
1973 19.3% +11.7%
1974 25.1% +30.0%
1975 24.7% -1.7%
1976 24.2% -2.1%
1977 24.4% +1.0%
1978 24.9% +2.1%
1979 27.9% +11.8%
1980 32.9% +17.9%
1981 31.4% -4.6%
1982 30.0% -4.5%
1983 29.8% -0.5%
1984 29.4% -1.3%
1985 27.7% -5.8%
1986 25.4% -8.4%
1987 28.3% +11.4%
1988 30.8% +8.9%
1989 31.9% +3.5%
1990 30.8% -3.4%
1991 33.5% +8.8%
1992 34.3% +2.4%
1993 34.2% -0.3%
1994 35.3% +3.2%
1995 36.7% +4.0%
1996 36.1% -1.6%
1997 37.1% +2.9%
1998 36.3% -2.2%
1999 39.4% +8.5%
2000 44.1% +11.8%
2001 43.3% -1.9%
2002 46.5% +7.4%
2003 50.1% +7.8%
2004 54.7% +9.1%
2005 55.2% +1.0%
2006 56.1% +1.5%
2007 54.5% -2.7%
2008 54.3% -0.5%
2009 43.6% -19.7%
2010 46.9% +7.6%
2011 47.9% +2.2%
2012 46.9% -2.1%
2013 45.8% -2.5%
2014 44.4% -3.1%
2015 40.8% -8.0%
2016 38.4% -6.0%
2017 39.6% +3.1%
2018 41.3% +4.3%
2019 39.8% -3.5%
2020 39.2% -1.6%
2021 42.8% +9.2%
2022 45.5% +6.4%
2023 42.0% -7.8%
2024 42.3% +0.9%
2025 42.8% +1.1%

Averages by decade

DecadeAverage LowestHighest Years
1960s 17.4% 16.3% 18.7% 10
1970s 22.3% 17.3% 27.9% 10
1980s 29.8% 25.4% 32.9% 10
1990s 35.4% 30.8% 39.4% 10
2000s 50.2% 43.3% 56.1% 10
2010s 43.2% 38.4% 47.9% 10
2020s 42.4% 39.2% 45.5% 6

Countries ranked near Upper middle income

  1. 26 Switzerland 101.7% compare
  2. 27 Latvia 99.6% compare
  3. 28 Estonia 98.4% compare
  4. 29 Belarus 96.1% compare
  5. 30 Nicaragua 95.9% compare
  6. 31 Lithuania 95.2% compare
  7. 32 Congo 94.4% compare

See the full ranking of 251 places →

More private sector data for Upper middle income

All data for Upper middle income →

Frequently asked questions

What is merchandise trade in Upper middle income?
Merchandise trade in Upper middle income was 42.8% in 2025, according to World Trade Organization (WTO).
What is the highest merchandise trade recorded in Upper middle income?
The highest recorded value was 56.1% in 2006.
What is the lowest merchandise trade recorded in Upper middle income?
The lowest recorded value was 16.3% in 1966.
How does Upper middle income rank for merchandise trade?
Upper middle income ranks 29th out of 45 groups with data for 2025.
Is merchandise trade rising or falling in Upper middle income?
Over the last ten years it is up 4.8%. The long-run trend across the full record is rising.
Where does this Upper middle income 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 Upper middle income. Statizoid, drawing on World Trade Organization (WTO). Retrieved 30 August 2026, from https://private-sector.statizoid.com/stat/merchandise-trade-percent-of-gdp/upper-middle-income/

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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.