Merchandise trade (% of GDP) — all countries

Merchandise trade (% of GDP) — NATO

Merchandise trade (% of GDP) in NATO in 2025 — 39.6%. Since 1988, the indicator has risen by 11.47 pp.

2025 39.6% −0.18 pp vs 2024
World rank
Period maximum 46.67%2022
Period minimum 27.57%1993

Trend over time

1988–2025 · % of GDP

Merchandise trade (% of GDP) — NATO, 1988–202525303540455019881992199620002004200820122016202020241988: 28.13%1989: 28.74%1990: 29%1991: 28.16%1992: 27.96%1993: 27.57%1994: 29.61%1995: 31.72%1996: 31.95%1997: 32.86%1998: 32.79%1999: 34.05%2000: 37.01%2001: 35.42%2002: 34.62%2003: 35.62%2004: 38%2005: 39.61%2006: 42.13%2007: 43.47%2008: 45.85%2009: 37.62%2010: 42.36%2011: 46.61%2012: 45.77%2013: 44.96%2014: 44.31%2015: 41.4%2016: 40.28%2017: 42.05%2018: 43.28%2019: 41.6%2020: 39.16%2021: 42.85%2022: 46.67%2023: 41.86%2024: 39.77%2025: 39.6%
Change over the period: +11.47 pp Annual average: 0.31 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: NATO

NATO 39.6%
World 43.89%
Merchandise trade (% of GDP) — NATO, by year NATO All countries CSV XLSX
Year % Change, pp
2025 39.6 −0.18 pp
2024 39.77 −2.09 pp
2023 41.86 −4.81 pp
2022 46.67 +3.82 pp
2021 42.85 +3.69 pp
2020 39.16 −2.43 pp
2019 41.6 −1.68 pp
2018 43.28 +1.23 pp
2017 42.05 +1.78 pp
2016 40.28 −1.12 pp
2015 41.4 −2.91 pp
2014 44.31 −0.66 pp
2013 44.96 −0.8 pp
2012 45.77 −0.84 pp
2011 46.61 +4.25 pp
2010 42.36 +4.74 pp
2009 37.62 −8.23 pp
2008 45.85 +2.38 pp
2007 43.47 +1.34 pp
2006 42.13 +2.51 pp
2005 39.61 +1.62 pp
2004 38 +2.38 pp
2003 35.62 +1 pp
2002 34.62 −0.8 pp
2001 35.42 −1.59 pp
2000 37.01 +2.96 pp
1999 34.05 +1.26 pp
1998 32.79 −0.07 pp
1997 32.86 +0.91 pp
1996 31.95 +0.23 pp
1995 31.72 +2.11 pp
1994 29.61 +2.04 pp
1993 27.57 −0.39 pp
1992 27.96 −0.21 pp
1991 28.16 −0.83 pp
1990 29 +0.26 pp
1989 28.74 +0.61 pp
1988 28.13

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.