Norway 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.
  • Norway trade to gdp ratio for 2022 was 83.00%, a 12.45% increase from 2021.
  • Norway trade to gdp ratio for 2021 was 70.55%, a 5.19% increase from 2020.
  • Norway trade to gdp ratio for 2020 was 65.35%, a 5.54% decline from 2019.
  • Norway trade to gdp ratio for 2019 was 70.90%, a 0.89% 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%
Norway Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2022 83.00% 12.45%
2021 70.55% 5.19%
2020 65.35% -5.54%
2019 70.90% 0.89%
2018 70.00% 0.89%
2017 69.11% -0.01%
2016 69.12% -1.32%
2015 70.43% 1.29%
2014 69.14% 1.16%
2013 67.97% -0.53%
2012 68.50% -1.10%
2011 69.60% 1.36%
2010 68.24% 0.78%
2009 67.46% -7.32%
2008 74.79% 2.84%
2007 71.94% 0.28%
2006 71.66% 1.19%
2005 70.47% 1.80%
2004 68.67% 2.35%
2003 66.32% -1.20%
2002 67.52% -5.64%
2001 73.16% -1.15%
2000 74.31% 4.81%
1999 69.51% -2.12%
1998 71.62% -0.53%
1997 72.15% 1.95%
1996 70.20% 2.90%
1995 67.30% -0.34%
1994 67.63% 0.38%
1993 67.25% 0.54%
1992 66.71% -2.88%
1991 69.59% -1.80%
1990 71.39% 1.75%
1989 69.64% 5.37%
1988 64.27% -0.61%
1987 64.88% -4.83%
1986 69.71% -5.94%
1985 75.65% 1.03%
1984 74.62% 0.70%
1983 73.92% -2.11%
1982 76.03% -1.10%
1981 77.13% -0.95%
1980 78.09% 3.21%
1979 74.88% 4.16%
1978 70.72% -5.48%
1977 76.20% -2.56%
1976 78.76% 2.50%
1975 76.27% -3.84%
1974 80.11% 7.04%
1973 73.07% 6.11%
1972 66.96% -2.74%
1971 69.70% -1.26%
1970 70.96% -1.26%