Trade Openness / India
India Trade Openness
India trade openness data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 44.65%.
COUNTRY: India
UNIT: percent of GDP
SOURCE: World Bank / public data sources
UPDATED: 2026-06-12 04:00:58
GM ECONOMY RATING
India · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
BBB
73 / 100
Good stability
Fiscal stability
9.1 / 25
Macroeconomic stability
19.0 / 20
External stability
11.0 / 15
Financial robustness
15.0 / 15
Structural stability
10.0 / 15
Future capacity
10.0 / 10
Demographic capacity
2.5 / 5
Method: GM Economy multi-pillar stability model with structural and financial robustness adjustment. Coverage: 100% of weighted inputs available.
Time range:
Selected year: · Value:
India · trade openness data as percent of GDP.
Latest
44.65%
Previous
44.99%
Range avg.
42.92%
Rank
60
Countries by trade openness
full rankingGM ECONOMY
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CountryIndia
IndicatorTrade Openness
44.65%2024 · Rank 60
Chart range
All indicators
Prices & Inflation3
Growth & Output9
Public Finance8
Labor Market6
External Sector5
Monetary & Financial7
Population & Society7
Energy & Environment2
Interpretation
India recorded 44.65% for Trade Openness in 2024, the latest available observation in this dataset.
Compared with 2023, the indicator decreased by 0.34 percentage points, from 44.99% to 44.65%.
The latest observation is above the average of the last 10 available observations (42.92%).
Across the five latest available observations (2020–2024), the pattern is higher overall, but uneven.
Within the last 10 available observations, the low was 37.76% in 2020 and the high was 50.08% in 2022.