U.K. 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.
  • U.K. trade to gdp ratio for 2021 was 56.67%, a 1.45% decline from 2020.
  • U.K. trade to gdp ratio for 2020 was 58.12%, a 6.01% decline from 2019.
  • U.K. trade to gdp ratio for 2019 was 64.13%, a 0.13% increase from 2018.
  • U.K. trade to gdp ratio for 2018 was 64.00%, a 1.2% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Hong Kong 402.22%
Luxembourg 388.12%
Singapore 338.31%
Malta 287.67%
Ireland 229.45%
Slovak Republic 187.83%
Belgium 172.67%
Cyprus 170.31%
Macao 163.90%
Hungary 162.79%
Slovenia 160.92%
Estonia 156.96%
Lithuania 156.47%
Netherlands 155.70%
Seychelles 152.74%
Brunei 147.12%
Czech Republic 142.50%
Aruba 137.16%
Switzerland 130.85%
Latvia 130.37%
Poland 112.45%
Denmark 112.18%
Austria 111.22%
Faroe Islands 104.90%
Croatia 104.03%
Puerto Rico 96.67%
Oman 93.92%
Qatar 93.05%
Panama 92.70%
Greece 89.46%
Germany 88.74%
Sweden 86.69%
Portugal 86.17%
South Korea 80.49%
Finland 78.60%
Iceland 78.18%
Bermuda 72.23%
Norway 70.89%
Barbados 70.85%
Bahamas 69.63%
Spain 68.38%
Chile 64.43%
Italy 62.98%
Guam 62.93%
Canada 61.37%
France 60.84%
Saudi Arabia 59.12%
Uruguay 56.81%
United Kingdom 56.67%
Israel 54.96%
New Zealand 49.10%
Australia 39.87%
Japan 37.38%
Argentina 32.98%
United States 25.48%
U.K. Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2021 56.67% -1.45%
2020 58.12% -6.01%
2019 64.13% 0.13%
2018 64.00% 1.20%
2017 62.80% 3.54%
2016 59.26% 2.34%
2015 56.91% -1.94%
2014 58.86% -2.80%
2013 61.66% -0.23%
2012 61.89% -1.27%
2011 63.16% 4.35%
2010 58.81% 4.22%
2009 54.59% -1.81%
2008 56.41% 3.57%
2007 52.83% -3.96%
2006 56.80% 4.26%
2005 52.54% 2.21%
2004 50.33% 0.21%
2003 50.12% -1.19%
2002 51.31% -1.50%
2001 52.81% 0.34%
2000 52.47% 2.89%
1999 49.58% 0.27%
1998 49.31% -1.64%
1997 50.95% -1.26%
1996 52.21% 1.25%
1995 50.96% -0.95%
1994 51.91% 2.14%
1993 49.77% 3.44%
1992 46.33% 0.99%
1991 45.34% -2.93%
1990 48.27% -0.43%
1989 48.70% 1.32%
1988 47.38% -2.54%
1987 49.92% -0.63%
1986 50.55% -4.43%
1985 54.98% -0.46%
1984 55.43% 4.60%
1983 50.84% 1.20%
1982 49.64% 0.22%
1981 49.42% -1.92%
1980 51.34% -3.35%
1979 54.69% -0.33%
1978 55.01% -3.95%
1977 58.96% 1.51%
1976 57.45% 4.67%
1975 52.78% -5.98%
1974 58.76% 11.30%
1973 47.47% 5.86%
1972 41.60% -1.07%
1971 42.67% -0.35%
1970 43.02% -0.35%