United Kingdom Merchandise Trade (% of GDP) (2024)
United Kingdom's Merchandise Trade (% of GDP): 36 % of GDP in 2024, -2.4pp YoY. World Bank (TG.VAL.TOTL.GD.ZS), 1990–2024.
United Kingdom (2024)
36
% of GDP
-2.4pp YoY
YoY Change
-2.4pp
percentage points
Trend
down
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 36 | -2.4pp |
| 2023 | 38.5 | -4.6pp |
| 2022 | 43.1 | +6.5pp |
| 2021 | 36.5 | -1.6pp |
| 2020 | 38.1 | -2.1pp |
| 2019 | 40.2 | +0.2pp |
| 2018 | 40 | -0.1pp |
| 2017 | 40.1 | +1.4pp |
| 2016 | 38.7 | +1.5pp |
| 2015 | 37.2 | -1.8pp |
| 2014 | 39.1 | -4.2pp |
| 2013 | 43.2 | -0.2pp |
| 2012 | 43.4 | -1.1pp |
| 2011 | 44.5 | +4pp |
| 2010 | 40.6 | +4.3pp |
| 2009 | 36.3 | -2.6pp |
| 2008 | 38.9 | +3.8pp |
| 2007 | 35.2 | -4.2pp |
| 2006 | 39.3 | +3.4pp |
| 2005 | 35.9 | n/a |
About this Dataset
United Kingdom recorded 36.0 % of GDP in 2024. The most recent year-on-year change was -2.4pp. The historical series (1990–2024) shows a peak of 44.5 in 2011 and a trough of 33.7 in 2004.
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 united kingdom merchandise trade (% of gdp) in United Kingdom, 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 44.5 % of GDP in 2011 and reached its lowest recorded value of 33.7 in 2004. The latest reading of 36.0 in 2024 represents a year-on-year change of -2.4pp.