{"entity":{"iso2":"MH","iso3":"MHL","name":"Marshall Islands","slug":"marshall-islands"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"trade-as-share-of-gdp","source":"National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) \u2013 processed by Our World in Data","source_url":"https://ourworldindata.org/grapher/trade-as-share-of-gdp","title":"Trade as a share of GDP","unit":"% of GDP"},"observations":[{"date":"1995-01-01","value":106.864},{"date":"1996-01-01","value":113.294},{"date":"1997-01-01","value":107.517},{"date":"1998-01-01","value":111.951},{"date":"1999-01-01","value":107.998},{"date":"2000-01-01","value":130.083},{"date":"2001-01-01","value":118.734},{"date":"2002-01-01","value":102.321},{"date":"2003-01-01","value":117.025},{"date":"2004-01-01","value":114.023},{"date":"2005-01-01","value":124.701},{"date":"2006-01-01","value":112.409},{"date":"2007-01-01","value":114.528},{"date":"2008-01-01","value":122.047},{"date":"2009-01-01","value":128.862},{"date":"2010-01-01","value":144.805},{"date":"2011-01-01","value":153.24},{"date":"2012-01-01","value":157.517},{"date":"2013-01-01","value":161.92},{"date":"2014-01-01","value":149.854},{"date":"2015-01-01","value":138.49},{"date":"2016-01-01","value":116.326},{"date":"2017-01-01","value":125.145},{"date":"2018-01-01","value":128.482},{"date":"2019-01-01","value":153.008},{"date":"2020-01-01","value":107.826},{"date":"2021-01-01","value":120.056},{"date":"2022-01-01","value":128.338},{"date":"2023-01-01","value":118.182},{"date":"2024-01-01","value":118.246},{"date":"2025-01-01","value":115.909}],"summary":{"latest_period":"2025-01-01","latest_value":115.909,"max":161.92,"mean":124.829,"min":102.321,"of":191,"rank":47,"trend":"rising"}}