European Union 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.
- European Union trade to gdp ratio for 2023 was 97.17%, a 8.76% decline from 2022.
- European Union trade to gdp ratio for 2022 was 105.94%, a 12.93% increase from 2021.
- European Union trade to gdp ratio for 2021 was 93.01%, a 7.74% increase from 2020.
- European Union trade to gdp ratio for 2020 was 85.27%, a 6.99% decline from 2019.
| European Union Trade to GDP Ratio - Historical Data |
| Year |
Trade (% of GDP) |
Annual Change |
| 2023 |
97.17% |
-8.76% |
| 2022 |
105.94% |
12.93% |
| 2021 |
93.01% |
7.74% |
| 2020 |
85.27% |
-6.99% |
| 2019 |
92.26% |
0.13% |
| 2018 |
92.14% |
1.68% |
| 2017 |
90.45% |
3.04% |
| 2016 |
87.42% |
-0.98% |
| 2015 |
88.40% |
1.32% |
| 2014 |
87.08% |
0.84% |
| 2013 |
86.24% |
-0.50% |
| 2012 |
86.74% |
1.65% |
| 2011 |
85.09% |
5.44% |
| 2010 |
79.65% |
7.94% |
| 2009 |
71.72% |
-10.30% |
| 2008 |
82.01% |
1.14% |
| 2007 |
80.87% |
1.91% |
| 2006 |
78.96% |
4.68% |
| 2005 |
74.28% |
3.29% |
| 2004 |
70.99% |
3.13% |
| 2003 |
67.86% |
-0.96% |
| 2002 |
68.82% |
-2.27% |
| 2001 |
71.09% |
-0.75% |
| 2000 |
71.84% |
7.65% |
| 1999 |
64.19% |
0.88% |
| 1998 |
63.31% |
1.34% |
| 1997 |
61.98% |
4.13% |
| 1996 |
57.85% |
0.78% |
| 1995 |
57.07% |
2.71% |
| 1994 |
54.36% |
2.64% |
| 1993 |
51.72% |
-1.39% |
| 1992 |
53.10% |
-0.43% |
| 1991 |
53.53% |
0.19% |
| 1990 |
53.35% |
-0.68% |
| 1989 |
54.03% |
2.76% |
| 1988 |
51.26% |
1.21% |
| 1987 |
50.05% |
-0.60% |
| 1986 |
50.65% |
-6.70% |
| 1985 |
57.36% |
0.49% |
| 1984 |
56.87% |
2.88% |
| 1983 |
53.99% |
-0.11% |
| 1982 |
54.10% |
-0.07% |
| 1981 |
54.17% |
2.53% |
| 1980 |
51.64% |
2.39% |
| 1979 |
49.26% |
3.02% |
| 1978 |
46.24% |
-1.21% |
| 1977 |
47.45% |
0.10% |
| 1976 |
47.35% |
2.49% |
| 1975 |
44.85% |
-4.01% |
| 1974 |
48.86% |
6.97% |
| 1973 |
41.89% |
2.27% |
| 1972 |
39.62% |
0.07% |
| 1971 |
39.55% |
-0.35% |
| 1970 |
39.89% |
-0.35% |
