Merchandise trade in World

World: Merchandise trade was 43.9% in 2025. ▲ Rising

Latest (2025)
43.9%
Change on year
down 0.9%
Rank
24th
of 45 groups
All-time high
51.0%
in 2008
All-time low
17.0%
in 1962
Years of data
66
1960–2025

Merchandise trade in World, 1960–2025

20304050196019922025

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

Analysis

World recorded 43.9% for merchandise trade in 2025.

The figure is down 0.9% on the previous year and down 0.2% over ten years.

Over the whole period, merchandise trade in World peaked at 51.0% in 2008 and was at its lowest, 17.0%, in 1962.

World ranks 24th 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 World, year by year

Annual values for Merchandise trade (% of GDP) in World, 1960 to 2025.
Year % of GDP Change
1960 17.5%
1961 17.2% -1.7%
1962 17.0% -1.5%
1963 17.2% +1.1%
1964 17.6% +2.3%
1965 17.5% -0.0%
1966 17.8% +1.4%
1967 17.6% -1.0%
1968 18.2% +3.5%
1969 18.8% +3.2%
1970 19.8% +5.3%
1971 20.0% +1.1%
1972 20.4% +2.0%
1973 23.1% +13.1%
1974 29.4% +27.1%
1975 27.4% -6.7%
1976 28.6% +4.3%
1977 28.9% +0.9%
1978 28.3% -2.0%
1979 31.0% +9.6%
1980 33.9% +9.6%
1981 32.6% -3.9%
1982 30.7% -5.9%
1983 29.2% -5.0%
1984 30.0% +3.0%
1985 28.9% -3.6%
1986 26.8% -7.2%
1987 27.8% +3.7%
1988 28.6% +2.8%
1989 29.6% +3.5%
1990 30.0% +1.1%
1991 29.4% -1.7%
1992 29.2% -0.7%
1993 28.7% -1.9%
1994 30.4% +5.8%
1995 32.4% +6.8%
1996 33.3% +2.6%
1997 34.6% +3.9%
1998 34.3% -0.9%
1999 35.3% +3.1%
2000 38.6% +9.4%
2001 37.4% -3.2%
2002 37.6% +0.5%
2003 39.2% +4.2%
2004 42.3% +8.0%
2005 44.6% +5.4%
2006 47.3% +6.1%
2007 48.5% +2.5%
2008 51.0% +5.1%
2009 41.6% -18.3%
2010 46.1% +10.7%
2011 49.6% +7.5%
2012 49.0% -1.1%
2013 48.6% -0.7%
2014 47.5% -2.2%
2015 44.0% -7.5%
2016 41.9% -4.7%
2017 43.6% +3.9%
2018 45.2% +3.7%
2019 43.2% -4.2%
2020 41.2% -4.7%
2021 45.5% +10.6%
2022 49.3% +8.3%
2023 45.0% -8.7%
2024 44.3% -1.6%
2025 43.9% -0.9%

Averages by decade

DecadeAverage LowestHighest Years
1960s 17.6% 17.0% 18.8% 10
1970s 25.7% 19.8% 31.0% 10
1980s 29.8% 26.8% 33.9% 10
1990s 31.8% 28.7% 35.3% 10
2000s 42.8% 37.4% 51.0% 10
2010s 45.9% 41.9% 49.6% 10
2020s 44.9% 41.2% 49.3% 6

Countries ranked near World

  1. 21 Mongolia 106.7% compare
  2. 22 Guyana 106.7% compare
  3. 23 Lesotho 102.9% compare
  4. 24 Libya 102.7% compare
  5. 25 Namibia 102.4% compare
  6. 26 Switzerland 101.7% compare
  7. 27 Latvia 99.6% compare

See the full ranking of 251 places →

More private sector data for World

All data for World →

Frequently asked questions

What is merchandise trade in World?
Merchandise trade in World was 43.9% in 2025, according to World Trade Organization (WTO).
What is the highest merchandise trade recorded in World?
The highest recorded value was 51.0% in 2008.
What is the lowest merchandise trade recorded in World?
The lowest recorded value was 17.0% in 1962.
How does World rank for merchandise trade?
World ranks 24th out of 45 groups with data for 2025.
Is merchandise trade rising or falling in World?
Over the last ten years it is down 0.2%. The long-run trend across the full record is rising.
Where does this World 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 World. Statizoid, drawing on World Trade Organization (WTO). Retrieved 24 August 2026, from https://private-sector.statizoid.com/stat/merchandise-trade-percent-of-gdp/world/

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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.