{"entity":{"iso2":"1W","iso3":"WLD","name":"World","slug":"world"},"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":"1960-01-01","value":17.5249},{"date":"1961-01-01","value":17.2342},{"date":"1962-01-01","value":16.9795},{"date":"1963-01-01","value":17.1641},{"date":"1964-01-01","value":17.5514},{"date":"1965-01-01","value":17.5496},{"date":"1966-01-01","value":17.8021},{"date":"1967-01-01","value":17.6199},{"date":"1968-01-01","value":18.2385},{"date":"1969-01-01","value":18.8275},{"date":"1970-01-01","value":19.8306},{"date":"1971-01-01","value":20.0425},{"date":"1972-01-01","value":20.4367},{"date":"1973-01-01","value":23.1229},{"date":"1974-01-01","value":29.3973},{"date":"1975-01-01","value":27.4164},{"date":"1976-01-01","value":28.5977},{"date":"1977-01-01","value":28.8509},{"date":"1978-01-01","value":28.2626},{"date":"1979-01-01","value":30.9638},{"date":"1980-01-01","value":33.9421},{"date":"1981-01-01","value":32.6118},{"date":"1982-01-01","value":30.6931},{"date":"1983-01-01","value":29.1691},{"date":"1984-01-01","value":30.0359},{"date":"1985-01-01","value":28.9423},{"date":"1986-01-01","value":26.8444},{"date":"1987-01-01","value":27.8429},{"date":"1988-01-01","value":28.6285},{"date":"1989-01-01","value":29.6352},{"date":"1990-01-01","value":29.9512},{"date":"1991-01-01","value":29.4298},{"date":"1992-01-01","value":29.238},{"date":"1993-01-01","value":28.6867},{"date":"1994-01-01","value":30.363},{"date":"1995-01-01","value":32.4211},{"date":"1996-01-01","value":33.2742},{"date":"1997-01-01","value":34.5748},{"date":"1998-01-01","value":34.2767},{"date":"1999-01-01","value":35.342},{"date":"2000-01-01","value":38.6472},{"date":"2001-01-01","value":37.4253},{"date":"2002-01-01","value":37.6311},{"date":"2003-01-01","value":39.1966},{"date":"2004-01-01","value":42.3355},{"date":"2005-01-01","value":44.6024},{"date":"2006-01-01","value":47.3389},{"date":"2007-01-01","value":48.5026},{"date":"2008-01-01","value":50.9782},{"date":"2009-01-01","value":41.6412},{"date":"2010-01-01","value":46.0857},{"date":"2011-01-01","value":49.5513},{"date":"2012-01-01","value":48.9869},{"date":"2013-01-01","value":48.6353},{"date":"2014-01-01","value":47.5465},{"date":"2015-01-01","value":43.9794},{"date":"2016-01-01","value":41.9176},{"date":"2017-01-01","value":43.5607},{"date":"2018-01-01","value":45.1541},{"date":"2019-01-01","value":43.244},{"date":"2020-01-01","value":41.1933},{"date":"2021-01-01","value":45.5428},{"date":"2022-01-01","value":49.3155},{"date":"2023-01-01","value":45.0258},{"date":"2024-01-01","value":44.302},{"date":"2025-01-01","value":43.8891}],"summary":{"latest_period":"2025-01-01","latest_value":43.8891,"max":50.9782,"mean":33.4173,"min":16.9795,"of":45,"rank":24,"trend":"rising"}}