India Merchandise Trade (% of GDP) (2024)
India's Merchandise Trade (% of GDP): 29.7 % of GDP in 2024, -0.7pp YoY. World Bank (TG.VAL.TOTL.GD.ZS), 1990–2024.
India (2024)
29.7
% of GDP
-0.7pp YoY
YoY Change
-0.7pp
percentage points
Trend
down
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 29.7 | -0.7pp |
| 2023 | 30.4 | -4.7pp |
| 2022 | 35.1 | +4.5pp |
| 2021 | 30.6 | +6.3pp |
| 2020 | 24.3 | -4.3pp |
| 2019 | 28.6 | -2.5pp |
| 2018 | 31 | +2.8pp |
| 2017 | 28.3 | +1pp |
| 2016 | 27.3 | -4.2pp |
| 2015 | 31.5 | -7.1pp |
| 2014 | 38.5 | -3.5pp |
| 2013 | 42 | -1pp |
| 2012 | 43 | +0.9pp |
| 2011 | 42.1 | +7.7pp |
| 2010 | 34.4 | +3pp |
| 2009 | 31.5 | -11.6pp |
| 2008 | 43 | +11.8pp |
| 2007 | 31.2 | -0.7pp |
| 2006 | 31.9 | +2.4pp |
| 2005 | 29.6 | n/a |
About this Dataset
India recorded 29.7 % of GDP in 2024. The most recent year-on-year change was -0.7pp. The historical series (1990–2024) shows a peak of 43.0 in 2012 and a trough of 12.9 in 1990.
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 india merchandise trade (% of gdp) in India, 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 43.0 % of GDP in 2012 and reached its lowest recorded value of 12.9 in 1990. The latest reading of 29.7 in 2024 represents a year-on-year change of -0.7pp.