EconomyJun 3, 2024
Globalization Stalled Since 2007
Trade Openness Growth Halted After the Global Financial Crisis; Trade of Goods and Services as a Share of GDP Fluctuated Around 59%.
Dataset
| Global Trade Openness | |
|---|---|
| Trade of Goods and Services as a Share of GDP | |
| 1995 | 41% |
| 1996 | 42% |
| 1997 | 44% |
| 1998 | 44% |
| 1999 | 44% |
| 2000 | 47% |
| 2001 | 46% |
| 2002 | 47% |
| 2003 | 49% |
| 2004 | 53% |
| 2005 | 56% |
| 2006 | 59% |
| 2007 | 61% |
| 2008 | 63% |
| 2009 | 53% |
| 2010 | 58% |
| 2011 | 62% |
| 2012 | 61% |
| 2013 | 61% |
| 2014 | 61% |
| 2015 | 58% |
| 2016 | 55% |
| 2017 | 58% |
| 2018 | 60% |
| 2019 | 58% |
| 2020 | 54% |
| 2021 | 59% |
| 2022 | 64% |
| 2023 | 61% |
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