Based on a comparison of 170 countries in 2024, Hong Kong ranked the highest in merchandise trade as a share of GDP with 332% followed by Slovenia and United Arab Emirates. On the other end of the scale was Ethiopia with 12.4%, Haiti with 15.2% and Sudan with 17.2%.
Average merchandise trade as a share of GDP reached 43.9% in 2024 in the World according to the National Statistical Office. This is 8.8 % more than in the previous year and 1.10 % more than 10 years ago.
Historically, average merchandise trade as a share of GDP reached an all time high of 51.1% in 2008 and an all time low of 17.0% in 1962. The average annual growth amounted to 1.64 % since 1960.
Data for more countries are available at Merchandise Trade (As % of GDP) indicator page.
| Merchandise Trade (As % of GDP) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Belgium | % | 170% | 163% | 155% | 180% | 209% | ||||||||||||||||
| Brunei | % | 79.1% | 90.1% | 99.5% | 140% | 140% | ||||||||||||||||
| Czechia | % | 154% | 147% | 145% | 151% | 159% | ||||||||||||||||
| Djibouti | % | 245% | 263% | 181% | 230% | 272% | ||||||||||||||||
| Hong Kong | % | 330% | 306% | 324% | 375% | 356% | ||||||||||||||||
| Hungary | % | 152% | 148% | 149% | 155% | 178% | ||||||||||||||||
| Lesotho | % | 133% | 111% | 108% | 114% | 117% | ||||||||||||||||
| Macedonia | % | 126% | 132% | 124% | 140% | 154% | ||||||||||||||||
| Malaysia | % | 130% | 121% | 126% | 144% | 158% | ||||||||||||||||
| Netherlands | % | 148% | 145% | 136% | 151% | 178% | ||||||||||||||||
| Singapore | % | 208% | 199% | 198% | 198% | 195% | ||||||||||||||||
| Slovakia | % | 175% | 170% | 159% | 172% | 191% | ||||||||||||||||
| Slovenia | % | 161% | 165% | 163% | 187% | 233% | ||||||||||||||||
| United Arab Emirates | % | 148% | 162% | 167% | 186% | 186% | ||||||||||||||||
| Vietnam | % | 155% | 155% | 157% | 182% | 177% |
Helgi Library 
