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 2023 was 65.59%, a 3.94% decline from 2022.
- U.K. trade to gdp ratio for 2022 was 69.53%, a 10.18% increase from 2021.
- U.K. trade to gdp ratio for 2021 was 59.35%, a 0.57% increase from 2020.
- U.K. trade to gdp ratio for 2020 was 58.77%, a 5.89% decline from 2019.
| U.K. Trade to GDP Ratio - Historical Data |
| Year |
Trade (% of GDP) |
Annual Change |
| 2023 |
65.59% |
-3.94% |
| 2022 |
69.53% |
10.18% |
| 2021 |
59.35% |
0.57% |
| 2020 |
58.77% |
-5.89% |
| 2019 |
64.67% |
0.12% |
| 2018 |
64.54% |
1.42% |
| 2017 |
63.12% |
3.42% |
| 2016 |
59.70% |
2.50% |
| 2015 |
57.20% |
-1.89% |
| 2014 |
59.09% |
-2.90% |
| 2013 |
62.00% |
-0.23% |
| 2012 |
62.23% |
-1.34% |
| 2011 |
63.57% |
4.29% |
| 2010 |
59.27% |
4.27% |
| 2009 |
55.00% |
-1.69% |
| 2008 |
56.70% |
3.73% |
| 2007 |
52.96% |
-3.95% |
| 2006 |
56.91% |
4.23% |
| 2005 |
52.68% |
2.23% |
| 2004 |
50.45% |
0.21% |
| 2003 |
50.24% |
-1.14% |
| 2002 |
51.38% |
-1.44% |
| 2001 |
52.82% |
0.30% |
| 2000 |
52.52% |
2.89% |
| 1999 |
49.63% |
0.29% |
| 1998 |
49.34% |
-1.64% |
| 1997 |
50.97% |
-1.27% |
| 1996 |
52.24% |
1.25% |
| 1995 |
51.00% |
-0.87% |
| 1994 |
51.87% |
2.14% |
| 1993 |
49.73% |
3.44% |
| 1992 |
46.29% |
0.99% |
| 1991 |
45.30% |
-2.93% |
| 1990 |
48.23% |
-0.43% |
| 1989 |
48.66% |
1.32% |
| 1988 |
47.34% |
-2.53% |
| 1987 |
49.88% |
-0.63% |
| 1986 |
50.51% |
-4.42% |
| 1985 |
54.93% |
-0.46% |
| 1984 |
55.39% |
4.59% |
| 1983 |
50.80% |
1.20% |
| 1982 |
49.60% |
0.22% |
| 1981 |
49.37% |
-1.92% |
| 1980 |
51.29% |
-3.35% |
| 1979 |
54.64% |
-0.32% |
| 1978 |
54.97% |
-3.94% |
| 1977 |
58.91% |
1.51% |
| 1976 |
57.40% |
4.66% |
| 1975 |
52.74% |
-5.98% |
| 1974 |
58.72% |
11.29% |
| 1973 |
47.43% |
5.86% |
| 1972 |
41.57% |
-1.07% |
| 1971 |
42.64% |
-0.35% |
| 1970 |
42.99% |
-0.35% |
