Merchandise trade as a share of gdp reached 46.8% in 2021 in the World, according to the National Statistical Office. This is 11.5% more than in the previous year.
Historically, merchandise trade as a share of GDP in the World reached an all time high of 51.1% in 2008 and an all time low of 16.0% in 1962.
World has been ranked within the group of 165 countries we follow in terms of merchandise trade as a share of GDP.
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