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.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
European Union 93.34%
Euro Area 90.58%
East Asia & Pacific 60.38%
Latin America & Caribbean 53.03%
South Asia 41.19%
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%