Belgium Trade to GDP Ratio 1970-2024

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • Belgium trade to gdp ratio for 2022 was 193.07%, a 20.47% increase from 2021.
  • Belgium trade to gdp ratio for 2021 was 172.60%, a 15.42% increase from 2020.
  • Belgium trade to gdp ratio for 2020 was 157.18%, a 6.99% decline from 2019.
  • Belgium trade to gdp ratio for 2019 was 164.17%, a 2.33% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Luxembourg 384.48%
Hong Kong 383.79%
Singapore 336.86%
Malta 324.63%
Ireland 236.57%
Seychelles 233.07%
Slovak Republic 203.89%
Belgium 193.07%
Hungary 184.85%
Cyprus 183.42%
Macao 183.09%
Slovenia 179.13%
Lithuania 177.10%
Netherlands 175.85%
Estonia 171.57%
Czech Republic 149.78%
Brunei 146.97%
Latvia 146.50%
Switzerland 137.67%
Denmark 128.00%
Croatia 125.92%
Poland 122.32%
Austria 120.13%
Greece 106.92%
Sweden 102.75%
Portugal 102.64%
Germany 98.62%
Puerto Rico 98.11%
South Korea 96.78%
Iceland 93.36%
Finland 92.54%
Norway 83.00%
Spain 81.69%
Bahamas 80.20%
Bermuda 78.29%
Italy 75.84%
Chile 75.02%
France 72.14%
United Kingdom 68.92%
Canada 67.26%
Saudi Arabia 63.13%
Israel 60.53%
Uruguay 57.19%
Australia 45.75%
Argentina 32.08%
Belgium Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2022 193.07% 20.47%
2021 172.60% 15.42%
2020 157.18% -6.99%
2019 164.17% -2.33%
2018 166.49% 1.17%
2017 165.33% 7.66%
2016 157.67% 3.47%
2015 154.19% -4.59%
2014 158.78% 0.93%
2013 157.85% -2.90%
2012 160.75% -0.75%
2011 161.49% 11.50%
2010 150.00% 14.59%
2009 135.41% -25.68%
2008 161.09% 8.62%
2007 152.47% 2.90%
2006 149.57% 5.04%
2005 144.53% 7.61%
2004 136.92% 4.20%
2003 132.72% -3.37%
2002 136.09% -3.49%
2001 139.58% -2.65%
2000 142.23% 17.06%
1999 125.17% 0.46%
1998 124.71% -0.98%
1997 125.69% 6.48%
1996 119.21% 2.83%
1995 116.38% 3.15%
1994 113.23% 4.22%
1993 109.01% -6.06%
1992 115.07% -3.52%
1991 118.59% -2.88%
1990 121.47% -3.47%
1989 124.94% 8.51%
1988 116.42% 6.50%
1987 109.92% -2.41%
1986 112.33% -11.55%
1985 123.88% -4.35%
1984 128.23% 7.84%
1983 120.40% 2.47%
1982 117.93% 7.70%
1981 110.22% 7.17%
1980 103.06% 1.48%
1979 101.57% 9.26%
1978 92.31% -3.36%
1977 95.68% -1.14%
1976 96.82% 5.29%
1975 91.52% -13.75%
1974 105.27% 11.13%
1973 94.14% 8.93%
1972 85.21% -0.37%
1971 85.58% -2.14%
1970 87.73% -2.14%