European Union - Trade (% of GDP)

Trade (% of GDP) in European Union was 85.58 as of 2020. Its highest value over the past 50 years was 92.25 in 2018, while its lowest value was 39.55 in 1971.

Definition: Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 39.89
1971 39.55
1972 39.62
1973 41.89
1974 48.86
1975 44.85
1976 47.35
1977 47.45
1978 46.24
1979 49.26
1980 51.64
1981 54.17
1982 54.10
1983 53.99
1984 56.87
1985 57.36
1986 50.65
1987 50.05
1988 51.26
1989 54.02
1990 53.06
1991 53.29
1992 52.96
1993 51.44
1994 54.06
1995 57.07
1996 57.85
1997 61.97
1998 63.31
1999 64.19
2000 71.84
2001 71.09
2002 68.82
2003 67.86
2004 70.99
2005 74.28
2006 78.96
2007 80.87
2008 82.02
2009 71.72
2010 79.66
2011 85.14
2012 86.78
2013 86.22
2014 87.11
2015 88.50
2016 87.47
2017 90.57
2018 92.25
2019 92.18
2020 85.58

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts