Canada Merchandise Trade (% of GDP) (2024)
Canada's Merchandise Trade (% of GDP): 50.9 % of GDP in 2024, -1.6pp YoY. World Bank (TG.VAL.TOTL.GD.ZS), 1990–2024.
Canada (2024)
50.9
% of GDP
-1.6pp YoY
YoY Change
-1.6pp
percentage points
Trend
down
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 50.9 | -1.6pp |
| 2023 | 52.5 | -1.8pp |
| 2022 | 54.3 | +4pp |
| 2021 | 50.2 | +1.2pp |
| 2020 | 49 | -3.3pp |
| 2019 | 52.3 | -1.1pp |
| 2018 | 53.4 | +1pp |
| 2017 | 52.4 | -0.1pp |
| 2016 | 52.5 | -1.4pp |
| 2015 | 54 | +1.3pp |
| 2014 | 52.7 | +2.1pp |
| 2013 | 50.6 | -0.4pp |
| 2012 | 51 | -0.1pp |
| 2011 | 51 | +2.2pp |
| 2010 | 48.9 | +1.9pp |
| 2009 | 47 | -9.4pp |
| 2008 | 56.4 | +1.2pp |
| 2007 | 55.2 | -1.4pp |
| 2006 | 56.6 | -1.6pp |
| 2005 | 58.2 | n/a |
About this Dataset
Canada recorded 50.9 % of GDP in 2024. The most recent year-on-year change was -1.6pp. The historical series (1990–2024) shows a peak of 70.0 in 2000 and a trough of 41.1 in 1991.
Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks canada merchandise trade (% of gdp) in Canada, published by World Bank. Data covers 1990–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 70.0 % of GDP in 2000 and reached its lowest recorded value of 41.1 in 1991. The latest reading of 50.9 in 2024 represents a year-on-year change of -1.6pp.