European Union Trade to GDP Ratio 1970-2021

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 2020 was 84.59%, a 6.39% decline from 2019.
  • European Union trade to gdp ratio for 2019 was 90.98%, a 0.23% decline from 2018.
  • European Union trade to gdp ratio for 2018 was 91.21%, a 1.68% increase from 2017.
  • European Union trade to gdp ratio for 2017 was 89.52%, a 3.18% increase from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
European Union 84.59%
Euro Area 81.91%
Latin America & Caribbean 46.34%
Sub-Saharan Africa 45.41%
South Asia 35.24%
European Union Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2020 84.59% -6.39%
2019 90.98% -0.23%
2018 91.21% 1.68%
2017 89.52% 3.18%
2016 86.34% -1.12%
2015 87.46% 1.35%
2014 86.11% 0.99%
2013 85.12% -0.51%
2012 85.64% 1.71%
2011 83.93% 5.46%
2010 78.47% 7.82%
2009 70.65% -10.37%
2008 81.02% 1.12%
2007 79.90% 1.94%
2006 77.95% 4.58%
2005 73.37% 3.20%
2004 70.17% 3.08%
2003 67.09% -0.99%
2002 68.08% -2.29%
2001 70.36% -0.80%
2000 71.16% 7.63%
1999 63.53% 0.90%
1998 62.63% 1.29%
1997 61.34% 4.09%
1996 57.25% 0.72%
1995 56.53% 3.04%
1994 53.49% 2.60%
1993 50.89% -1.46%
1992 52.35% -0.34%
1991 52.69% 0.17%
1990 52.53% -0.92%
1989 53.44% 2.72%
1988 50.72% 1.17%
1987 49.56% -0.58%
1986 50.14% -6.66%
1985 56.80% 0.45%
1984 56.36% 2.84%
1983 53.52% -0.14%
1982 53.66% -0.12%
1981 53.77% 2.57%
1980 51.21% 2.43%
1979 48.78% 2.98%
1978 45.80% -1.22%
1977 47.02% 0.09%
1976 46.93% 2.47%
1975 44.46% -3.97%
1974 48.43% 6.87%
1973 41.56% 2.26%
1972 39.30% 0.14%
1971 39.16% -0.31%
1970 39.47% -0.31%