European Union Trade to GDP Ratio 1970-2023
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 2021 was 93.34%, a 7.74% increase from 2020.
- European Union trade to gdp ratio for 2020 was 85.60%, a 6.57% decline from 2019.
- European Union trade to gdp ratio for 2019 was 92.17%, a 0.08% decline from 2018.
- European Union trade to gdp ratio for 2018 was 92.25%, a 1.68% increase from 2017.
European Union Trade to GDP Ratio - Historical Data |
Year |
Trade (% of GDP) |
Annual Change |
2021 |
93.34% |
7.74% |
2020 |
85.60% |
-6.57% |
2019 |
92.17% |
-0.08% |
2018 |
92.25% |
1.68% |
2017 |
90.57% |
3.09% |
2016 |
87.48% |
-1.01% |
2015 |
88.50% |
1.38% |
2014 |
87.11% |
0.89% |
2013 |
86.22% |
-0.56% |
2012 |
86.78% |
1.64% |
2011 |
85.14% |
5.48% |
2010 |
79.66% |
7.94% |
2009 |
71.72% |
-10.30% |
2008 |
82.02% |
1.14% |
2007 |
80.87% |
1.92% |
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 |
61.97% |
4.13% |
1996 |
57.85% |
0.78% |
1995 |
57.07% |
3.01% |
1994 |
54.06% |
2.62% |
1993 |
51.44% |
-1.52% |
1992 |
52.96% |
-0.33% |
1991 |
53.29% |
0.22% |
1990 |
53.06% |
-0.96% |
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% |