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Greece Trade (% GDP)

Greece's trade (% GDP) fell to 89.32% in 2024, down from 92.16% in 2023, according to World Bank. This represents a decrease of 2.84% from the previous year. Greece has trade (% GDP) higher than the global median (89.32% vs median 84.49%). Compared with the median in Europe, Greece is lower (89.32% vs regional median 111.00%) and ranks 30th out of 44 countries in Europe.

Yearly Historical Data (1960-2024)

(in %)
Year Trade (% GDP)
2024 89.32%
2023 92.16%
2022 107.68%
2021 88.01%
2020 70.29%
2019 80.59%
2018 79.24%
2017 70.88%
2016 63.66%
2015 65.27%
2014 66.43%
2013 62.95%
2012 62.39%
2011 56.29%
2010 50.92%
2009 46.38%
2008 57.11%
2007 54.53%
2006 51.1%
2005 50.36%
2004 49.83%
2003 47.89%
2002 50.05%
2001 56.86%
2000 59.11%
1999 48.18%
1998 42.49%
1997 39.44%
1996 36.82%
1995 36.13%
1994 35.22%
1993 36.03%
1992 37.79%
1991 37.54%
1990 39.04%
1989 39.71%
1988 38.6%
1987 41.26%
1986 41.56%
1985 39.33%
1984 39.85%
1983 40.1%
1982 40.78%
1981 46.01%
1980 43.48%
1979 34.64%
1978 32.29%
1977 33.76%
1976 33.97%
1975 34.4%
1974 34.55%
1973 30.86%
1972 24.62%
1971 22.67%
1970 22.46%
1969 22.63%
1968 22.97%
1967 23.57%
1966 24.29%
1965 23.95%
1964 23.65%
1963 23.68%
1962 22.47%
1961 22.99%
1960 23.84%
Greece Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Greece divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $53.36B $55.05B 2024
Annual Imports $89.27B $88.61B 2024
Balance of Trade -€2.1B -€3B Aug'25
Exports €3.4B €4.4B Aug'25
Exports (% GDP) 41.98% 43.71% 2024
FDI Inflows (% GDP) 2.51% 1.94% 2024
Imports €5.5B €7.4B Aug'25
Imports (% GDP) 47.34% 48.45% 2024
Net Trade (Goods & Services, BoP) -$13.98B -$12.02B 2024
Tariff Rate 1.95% 2.24% 2022