U.K. 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.
  • U.K. trade to gdp ratio for 2022 was 68.92%, a 10.05% increase from 2021.
  • U.K. trade to gdp ratio for 2021 was 58.88%, a 0.76% increase from 2020.
  • U.K. trade to gdp ratio for 2020 was 58.12%, a 6.01% decline from 2019.
  • U.K. trade to gdp ratio for 2019 was 64.13%, a 0.13% increase 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%
U.K. Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2022 68.92% 10.05%
2021 58.88% 0.76%
2020 58.12% -6.01%
2019 64.13% 0.13%
2018 64.00% 1.20%
2017 62.80% 3.54%
2016 59.26% 2.34%
2015 56.91% -1.94%
2014 58.86% -2.80%
2013 61.66% -0.23%
2012 61.89% -1.27%
2011 63.16% 4.35%
2010 58.81% 4.22%
2009 54.59% -1.81%
2008 56.41% 3.57%
2007 52.83% -3.96%
2006 56.80% 4.26%
2005 52.54% 2.21%
2004 50.33% 0.21%
2003 50.12% -1.19%
2002 51.31% -1.50%
2001 52.81% 0.34%
2000 52.47% 2.89%
1999 49.58% 0.27%
1998 49.31% -1.64%
1997 50.95% -1.26%
1996 52.21% 1.25%
1995 50.96% -0.95%
1994 51.91% 2.14%
1993 49.77% 3.44%
1992 46.33% 0.99%
1991 45.34% -2.93%
1990 48.27% -0.43%
1989 48.70% 1.32%
1988 47.38% -2.54%
1987 49.92% -0.63%
1986 50.55% -4.43%
1985 54.98% -0.46%
1984 55.43% 4.60%
1983 50.84% 1.20%
1982 49.64% 0.22%
1981 49.42% -1.92%
1980 51.34% -3.35%
1979 54.69% -0.33%
1978 55.01% -3.95%
1977 58.96% 1.51%
1976 57.45% 4.67%
1975 52.78% -5.98%
1974 58.76% 11.30%
1973 47.47% 5.86%
1972 41.60% -1.07%
1971 42.67% -0.35%
1970 43.02% -0.35%