Israel 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.
  • Israel trade to gdp ratio for 2023 was 58.00%, a 2.51% decline from 2022.
  • Israel trade to gdp ratio for 2022 was 60.50%, a 5.31% increase from 2021.
  • Israel trade to gdp ratio for 2021 was 55.19%, a 4.23% increase from 2020.
  • Israel trade to gdp ratio for 2020 was 50.96%, a 5.31% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Luxembourg 394.22%
Hong Kong 351.59%
Malta 314.00%
Singapore 311.24%
Ireland 234.75%
Seychelles 183.07%
Slovak Republic 181.53%
Cyprus 179.62%
Belgium 174.30%
Slovenia 161.33%
Netherlands 158.82%
Hungary 157.30%
Estonia 156.16%
Lithuania 153.15%
Macao 142.00%
Czech Republic 138.92%
Switzerland 138.22%
Brunei 136.56%
Latvia 131.97%
Denmark 128.45%
Austria 116.12%
Croatia 109.92%
Poland 109.54%
Sweden 103.57%
Puerto Rico 101.73%
Greece 94.66%
Portugal 94.05%
Germany 90.11%
South Korea 87.94%
Iceland 86.79%
Bahamas 82.70%
Finland 82.35%
Norway 79.65%
Spain 73.79%
Italy 68.73%
France 67.58%
Canada 67.46%
United Kingdom 65.59%
Saudi Arabia 62.13%
Chile 60.97%
Israel 58.00%
Uruguay 51.73%
Australia 48.08%
Argentina 26.97%
Israel Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2023 58.00% -2.51%
2022 60.50% 5.31%
2021 55.19% 4.23%
2020 50.96% -5.31%
2019 56.27% -2.62%
2018 58.89% 2.33%
2017 56.56% -1.48%
2016 58.04% -1.17%
2015 59.21% -2.95%
2014 62.16% -2.48%
2013 64.64% -6.09%
2012 70.74% 1.08%
2011 69.66% 3.22%
2010 66.44% 3.84%
2009 62.60% -13.50%
2008 76.10% -3.52%
2007 79.61% 0.53%
2006 79.09% -0.04%
2005 79.13% 3.48%
2004 75.65% 7.94%
2003 67.71% 1.19%
2002 66.53% 3.40%
2001 63.12% -6.18%
2000 69.30% 3.61%
1999 65.69% 7.97%
1998 57.73% -0.63%
1997 58.36% -0.49%
1996 58.85% -1.17%
1995 60.02% -0.40%
1994 60.43% -0.23%
1993 60.65% 5.15%
1992 55.50% -0.81%
1991 56.31% -5.25%
1990 61.56% -2.03%
1989 63.59% 2.69%
1988 60.91% -8.87%
1987 69.78% 2.74%
1986 67.04% -9.46%
1985 76.50% 5.47%
1984 71.03% 6.80%
1983 64.23% -5.76%
1982 69.99% -10.18%
1981 80.17% -0.66%
1980 80.83% 0.79%
1979 80.04% -6.84%
1978 86.88% 15.69%
1977 71.19% 3.18%
1976 68.01% 0.82%
1975 67.20% 5.38%
1974 61.82% -3.52%
1973 65.33% 8.78%
1972 56.55% -3.02%
1971 59.57% 0.73%
1970 58.84% 0.73%