Merchandise trade (% of GDP) — all countries

Merchandise trade (% of GDP) — Europe & Central Asia

Merchandise trade (% of GDP) in Europe & Central Asia in 2025 — 62.17%. Since 1960, the indicator has risen by 33.5 pp.

2025 62.17% −1.15 pp vs 2024
World rank
Period maximum 74.75%2022
Period minimum 27.24%1962

Trend over time

1960–2025 · % of GDP

Merchandise trade (% of GDP) — Europe & Central Asia, 1960–20252040608019601967197419811988199520022009201620231960: 28.67%1962: 27.24%1964: 27.74%1966: 27.95%1968: 29.1%1970: 31.76%1972: 31.5%1974: 40.75%1976: 39.49%1978: 38.34%1980: 41.67%1982: 42.5%1984: 45.22%1986: 40.31%1988: 39.68%1990: 40.15%1992: 36.56%1994: 40.1%1996: 42.95%1998: 46.26%2000: 55.15%2002: 52.85%2004: 54.17%2006: 59.83%2008: 62.19%2010: 59.03%2012: 63.71%2014: 61.73%2016: 61.12%2018: 65.55%2020: 62.13%2022: 74.75%2024: 63.31%2025: 62.17%
Change over the period: +33.5 pp Annual average: 0.52 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Europe & Central Asia

Europe & Central Asia 62.17%
World 43.89%
Merchandise trade (% of GDP) — Europe & Central Asia, by year Europe & Central Asia All countries CSV XLSX
Year % Change, pp
2025 62.17 −1.15 pp
2024 63.31 −4.16 pp
2023 67.47 −7.27 pp
2022 74.75 +7.68 pp
2021 67.07 +4.94 pp
2020 62.13 −2.41 pp
2019 64.54 −1.02 pp
2018 65.55 +1.86 pp
2017 63.7 +2.58 pp
2016 61.12 −0.18 pp
2015 61.3 −0.43 pp
2014 61.73 −0.97 pp
2013 62.7 −1.01 pp
2012 63.71 +0.5 pp
2011 63.2 +4.17 pp
2010 59.03 +5.63 pp
2009 53.4 −8.79 pp
2008 62.19 +2.07 pp
2007 60.12 +0.3 pp
2006 59.83 +3.3 pp
2005 56.53 +2.36 pp
2004 54.17 +1.89 pp
2003 52.28 −0.57 pp
2002 52.85 −1.74 pp
2001 54.59 −0.56 pp
2000 55.15 +6.22 pp
1999 48.93 +2.67 pp
1998 46.26 +1.02 pp
1997 45.24 +2.29 pp
1996 42.95 +0.83 pp
1995 42.12 +2.02 pp
1994 40.1 +3.52 pp
1993 36.58 +0.01 pp
1992 36.56 −2.12 pp
1991 38.69 −1.46 pp
1990 40.15 −1.37 pp
1989 41.52 +1.84 pp
1988 39.68 +0.04 pp
1987 39.64 −0.66 pp
1986 40.31 −5.52 pp
1985 45.82 +0.6 pp
1984 45.22 +2.8 pp
1983 42.42 −0.08 pp
1982 42.5 −0.24 pp
1981 42.74 +1.07 pp
1980 41.67 +1.59 pp
1979 40.08 +1.74 pp
1978 38.34 −1.42 pp
1977 39.77 +0.28 pp
1976 39.49 +2.66 pp
1975 36.83 −3.92 pp
1974 40.75 +6.6 pp
1973 34.15 +2.65 pp
1972 31.5 −0.06 pp
1971 31.56 −0.2 pp
1970 31.76 +1.14 pp
1969 30.62 +1.52 pp
1968 29.1 +1.61 pp
1967 27.49 −0.46 pp
1966 27.95 +0.07 pp
1965 27.88 +0.14 pp
1964 27.74 +0.34 pp
1963 27.4 +0.16 pp
1962 27.24 −0.63 pp
1961 27.87 −0.79 pp
1960 28.67

About the indicator

The sum of exports and imports of goods as a percent of GDP. It differs from trade openness in that services are not counted here, and the difference between the two indicators is exactly what shows the weight of services in a country's foreign trade. The highest values come not from large exporters but from transshipment economies — Singapore, Hong Kong, Luxembourg — where goods are brought in to be sent out again, and both flows are counted in full.

Important: Goods only. The value can exceed 100% of GDP: exports and imports are counted at the full value of the goods while GDP is counted as value added, so in transshipment economies the values run to several hundred percent.

Source: World Development Indicators (World Bank), license CC BY 4.0.