IDA total: Trade (% of GDP)

Key figures

Over five years it is down 1.44 percentage points from 48.69% in 2019. Since 1960 it is up 15.14 percentage points from 32.1% in 1960. The World Bank has no value for 54 of the years in between; the chart leaves those gaps open rather than joining across them.

What the numbers say

In 2024, IDA total's trade (% of GDP) fell 1.09 percentage points on 2023 (from 48.33% to 47.25%).

Across the 8 yearly changes before that (2016 to 2023), the average change was +0.04 percentage points and a typical year strayed about 3.35 percentage points from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 3.83 percentage points in 2022 and the biggest yearly fall was 5.03 percentage points in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains 6% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

See how every economy compares in the full ranking.

What this measures

Trade is the sum of exports and imports of goods and services. 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.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 11 values

Trade (% of GDP) in nearby economies

• Algeria — 38.98% (2025)
• Bahrain — 157.48% (2024)
• Djibouti — 206.3% (2025)
• Egypt, Arab Rep. — 51.33% (2025)
• Iran, Islamic Rep. — 60.24% (2025)
• Iraq — 77.14% (2024)
• Israel — 52.99% (2025)
• Kuwait — 93.99% (2024)
• Lebanon — 82.23% (2024)
• Libya — 137.66% (2025)
• Malta — 219.01% (2025)
• Morocco — 93.1% (2025)
• Oman

More economic policy & debt data for IDA total

• GDP (current US$) — US$3.2 trillion (2025)
• GDP (constant 2015 US$) — US$3.05 trillion (2025)
• GDP per capita (current US$) — US$1,608 (2025)
• GDP per capita (constant 2015 US$) — US$1,537 (2025)
• GDP (annual % growth) — 4.73% (2025)
• GDP per capita (annual % growth) — 2.56% (2025)
• Foreign direct investment, net inflows (BoP, current US$) — US$77.7 billion (2025)
• Foreign direct investment, net inflows (% of GDP) — 2.48% (2025)
• Portfolio equity, net inflows (BoP, current US$) — US$155.28 million (2025)
• Personal remittances, received (current US$)

Reading data like this

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Questions people ask

What is IDA total's trade (% of GDP)?

47.25% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1960?

It is up 15.14 percentage points from 32.1% in 1960. The highest value was 51.06% in 2022 and the lowest 32.1% in 1960.

Is the latest change in trade (% of GDP) unusual for IDA total?

In 2024, IDA total's trade (% of GDP) fell 1.09 percentage points on 2023 (from 48.33% to 47.25%). Across the 8 yearly changes before that (2016 to 2023), the average change was +0.04 percentage points and a typical year strayed about 3.35 percentage points from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).

Source

World Bank, World Development Indicators, indicator NE.TRD.GNFS.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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