Euro Area 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.
  • Euro Area trade to gdp ratio for 2023 was 94.45%, a 8.85% decline from 2022.
  • Euro Area trade to gdp ratio for 2022 was 103.30%, a 12.75% increase from 2021.
  • Euro Area trade to gdp ratio for 2021 was 90.55%, a 7.7% increase from 2020.
  • Euro Area trade to gdp ratio for 2020 was 82.84%, a 7.11% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
European Union 97.17%
Euro Area 94.45%
East Asia & Pacific 60.61%
Latin America & Caribbean 48.59%
South Asia 42.94%
Euro Area Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2023 94.45% -8.85%
2022 103.30% 12.75%
2021 90.55% 7.70%
2020 82.84% -7.11%
2019 89.95% 0.15%
2018 89.80% 1.64%
2017 88.16% 3.11%
2016 85.05% -1.07%
2015 86.12% 1.49%
2014 84.63% 0.59%
2013 84.04% -0.52%
2012 84.56% 1.64%
2011 82.92% 5.44%
2010 77.48% 8.07%
2009 69.41% -10.24%
2008 79.65% 1.07%
2007 78.58% 1.80%
2006 76.78% 4.31%
2005 72.47% 3.24%
2004 69.22% 2.88%
2003 66.34% -1.35%
2002 67.69% -2.37%
2001 70.05% -0.75%
2000 70.80% 7.77%
1999 63.04% 0.85%
1998 62.19% 1.25%
1997 60.94% 4.05%
1996 56.89% 0.71%
1995 56.18% 3.07%
1994 53.11% 2.61%
1993 50.50% -1.56%
1992 52.06% -0.93%
1991 53.00% 0.20%
1990 52.79% -0.48%
1989 53.27% 2.84%
1988 50.43% 1.22%
1987 49.21% -0.57%
1986 49.78% -6.75%
1985 56.53% 0.47%
1984 56.06% 3.05%
1983 53.01% -0.28%
1982 53.29% -0.29%
1981 53.58% 2.57%
1980 51.01% 2.38%
1979 48.63% 2.87%
1978 45.75% -1.17%
1977 46.92% 0.15%
1976 46.77% 2.62%
1975 44.15% -3.80%
1974 47.95% 6.74%
1973 41.21% 2.10%
1972 39.11% 0.17%
1971 38.94% -0.28%
1970 39.22% -0.28%