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Euro Area Trade (% GDP)

Euro Area's trade (% GDP) fell to 89.31% in 2024, down from 92.62% in 2023, according to World Bank. This represents a decrease of 3.31% from the previous year.

Yearly Historical Data (1970-2024)

(in %)
Year Trade (% GDP)
2024 89.31%
2023 92.62%
2022 100.61%
2021 88.37%
2020 81.08%
2019 87.84%
2018 87.72%
2017 86.04%
2016 82.95%
2015 84%
2014 82.59%
2013 82.15%
2012 82.63%
2011 81.02%
2010 75.86%
2009 67.99%
2008 78.23%
2007 77.32%
2006 75.66%
2005 71.61%
2004 68.56%
2003 65.78%
2002 67.27%
2001 69.66%
2000 70.51%
1999 62.87%
1998 62.12%
1997 60.89%
1996 56.87%
1995 56.19%
1994 53.22%
1993 50.63%
1992 52.4%
1991 53.35%
1990 53.12%
1989 53.64%
1988 50.77%
1987 49.52%
1986 50.07%
1985 56.87%
1984 56.4%
1983 53.35%
1982 53.63%
1981 53.93%
1980 51.32%
1979 48.91%
1978 46.06%
1977 47.1%
1976 46.96%
1975 44.33%
1974 48.14%
1973 41.35%
1972 39.24%
1971 39.06%
1970 39.33%
Euro Area Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Euro Area divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Balance of Trade €986M €12.7B Aug'25
Exports €205.9B €251.6B Aug'25
Exports (% GDP) 49.57% 50.56% 2024
FDI Inflows (% GDP) 1.23% -1.82% 2024
Imports €204.9B €238.9B Aug'25
Imports (% GDP) 45.12% 46.98% 2024
Net Trade (Goods & Services, BoP) $585.39B $422.2B 2024