# "Merchandise trade (% of GDP)"
- **"Merchandise trade (% of GDP)"** is an economic indicator that measures the total value of a country's merchandise trade, including exports and imports of goods, as a percentage of its **GDP**.
- This indicator provides insight into the degree of a country's **openness to international trade** relative to the size of its economy.
- The chart shows the **"Merchandise trade (% of GDP)"** for **Iraq** over a **23-year period from 2000 to 2022**.
- In **2022**, Iraq's **"Merchandise trade (% of GDP)"** was **85%**.