Merchandise trade (% of GDP) — all countries

Merchandise trade (% of GDP) — Low-income countries

Merchandise trade (% of GDP) in low-income countries in 2025 — 39.9%. Since 1966, the indicator has risen by 17.88 pp.

2025 39.9% +2.5 pp vs 2024
World rank
Period maximum 43.68%2008
Period minimum 17.66%1991

Trend over time

1966–2025 · % of GDP

Merchandise trade (% of GDP) — Low-income countries, 1966–20251020304050196619721978198419901996200220082014202020251966: 22.01%1967: 22.39%1968: 23.14%1969: 22.3%1970: 24.04%1971: 22.87%1972: 22.47%1973: 23.14%1974: 26.4%1975: 24.49%1976: 26.6%1977: 26.45%1978: 23.94%1979: 28.09%1980: 32.71%1981: 30.94%1982: 27.54%1983: 28.54%1984: 28.5%1985: 27.67%1986: 25.39%1987: 25.4%1988: 24.66%1989: 25.12%1990: 21.81%1991: 17.66%1992: 26.24%1993: 24.9%1994: 29.11%1995: 34.77%1996: 40.44%1997: 35.67%1998: 34.04%1999: 34.06%2000: 31.27%2001: 35.77%2002: 36.09%2003: 37.41%2004: 41.27%2005: 43.09%2006: 43.16%2007: 41.8%2008: 43.68%2009: 38.17%2010: 40.55%2011: 41.85%2012: 41.62%2013: 41.68%2014: 38.72%2015: 35.17%2016: 33.18%2017: 35.79%2018: 38.36%2019: 37.04%2020: 36.39%2021: 37.72%2022: 36.52%2023: 39.97%2024: 37.39%2025: 39.9%
Change over the period: +17.88 pp Annual average: 0.3 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Low-income countries

Low-income countries 39.9%
World 43.89%
Merchandise trade (% of GDP) — Low-income countries, by year Low-income countries All countries CSV XLSX
Year % Change, pp
2025 39.9 +2.5 pp
2024 37.39 −2.58 pp
2023 39.97 +3.45 pp
2022 36.52 −1.2 pp
2021 37.72 +1.33 pp
2020 36.39 −0.65 pp
2019 37.04 −1.31 pp
2018 38.36 +2.57 pp
2017 35.79 +2.61 pp
2016 33.18 −1.99 pp
2015 35.17 −3.55 pp
2014 38.72 −2.96 pp
2013 41.68 +0.06 pp
2012 41.62 −0.23 pp
2011 41.85 +1.3 pp
2010 40.55 +2.38 pp
2009 38.17 −5.5 pp
2008 43.68 +1.88 pp
2007 41.8 −1.36 pp
2006 43.16 +0.07 pp
2005 43.09 +1.81 pp
2004 41.27 +3.87 pp
2003 37.41 +1.32 pp
2002 36.09 +0.32 pp
2001 35.77 +4.5 pp
2000 31.27 −2.78 pp
1999 34.06 +0.02 pp
1998 34.04 −1.63 pp
1997 35.67 −4.78 pp
1996 40.44 +5.67 pp
1995 34.77 +5.66 pp
1994 29.11 +4.21 pp
1993 24.9 −1.34 pp
1992 26.24 +8.58 pp
1991 17.66 −4.16 pp
1990 21.81 −3.31 pp
1989 25.12 +0.46 pp
1988 24.66 −0.74 pp
1987 25.4 +0.01 pp
1986 25.39 −2.28 pp
1985 27.67 −0.83 pp
1984 28.5 −0.03 pp
1983 28.54 +1 pp
1982 27.54 −3.39 pp
1981 30.94 −1.77 pp
1980 32.71 +4.62 pp
1979 28.09 +4.14 pp
1978 23.94 −2.5 pp
1977 26.45 −0.15 pp
1976 26.6 +2.11 pp
1975 24.49 −1.91 pp
1974 26.4 +3.26 pp
1973 23.14 +0.67 pp
1972 22.47 −0.4 pp
1971 22.87 −1.18 pp
1970 24.04 +1.74 pp
1969 22.3 −0.84 pp
1968 23.14 +0.75 pp
1967 22.39 +0.38 pp
1966 22.01

About the indicator

The sum of exports and imports of goods as a percent of GDP. It differs from trade openness in that services are not counted here, and the difference between the two indicators is exactly what shows the weight of services in a country's foreign trade. The highest values come not from large exporters but from transshipment economies — Singapore, Hong Kong, Luxembourg — where goods are brought in to be sent out again, and both flows are counted in full.

Important: Goods only. The value can exceed 100% of GDP: exports and imports are counted at the full value of the goods while GDP is counted as value added, so in transshipment economies the values run to several hundred percent.

Source: World Development Indicators (World Bank), license CC BY 4.0.