European Union Trade to GDP Ratio

European Union trade to gdp ratio for 2023 was 95.69%, a 7.89% decline from 2022.
  • European Union trade to gdp ratio for 2022 was 103.57%, a 12.48% increase from 2021.
  • European Union trade to gdp ratio for 2021 was 91.09%, a 7.4% increase from 2020.
  • European Union trade to gdp ratio for 2020 was 83.69%, a 6.74% decline from 2019.
Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.