{"entity":{"iso2":"PW","iso3":"PLW","name":"Palau","slug":"palau"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"merchandise-trade-percent-of-gdp","source":"World Trade Organization (WTO)","source_url":"https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS","title":"Merchandise trade (% of GDP)","unit":"% of GDP"},"observations":[{"date":"1994-01-01","value":49.9348},{"date":"1995-01-01","value":54.5371},{"date":"1996-01-01","value":55.2749},{"date":"1997-01-01","value":65.3409},{"date":"1998-01-01","value":49.6379},{"date":"1999-01-01","value":63.104},{"date":"2000-01-01","value":92.9446},{"date":"2001-01-01","value":73.379},{"date":"2002-01-01","value":71.9297},{"date":"2003-01-01","value":62.1091},{"date":"2004-01-01","value":67.9235},{"date":"2005-01-01","value":63.5577},{"date":"2006-01-01","value":67.6181},{"date":"2007-01-01","value":64.7917},{"date":"2008-01-01","value":70.3355},{"date":"2009-01-01","value":52.1598},{"date":"2010-01-01","value":61.3156},{"date":"2011-01-01","value":69.1727},{"date":"2012-01-01","value":70.256},{"date":"2013-01-01","value":77.7874},{"date":"2014-01-01","value":71.709},{"date":"2015-01-01","value":55.0799},{"date":"2016-01-01","value":53.0782},{"date":"2017-01-01","value":64.8312},{"date":"2018-01-01","value":62.4505},{"date":"2019-01-01","value":69.8696},{"date":"2020-01-01","value":60.2349},{"date":"2021-01-01","value":66.9674},{"date":"2022-01-01","value":86.8789},{"date":"2023-01-01","value":73.5088},{"date":"2024-01-01","value":43.8567},{"date":"2025-01-01","value":47.8261}],"summary":{"latest_period":"2025-01-01","latest_value":47.8261,"max":92.9446,"mean":64.3563,"min":43.8567,"of":204,"rank":116,"trend":"flat"}}