Trade openness in Northern Europe in 2025 — 93.97%. Since 1993, the indicator has risen by 37.76 pp.
1993–2025 · % of GDP
How the value compares with the world and the groups this territory belongs to: Northern Europe
| Year | % | Change, pp |
|---|---|---|
| 2025 | 93.97 | +0.21 pp |
| 2024 | 93.76 | −0.8 pp |
| 2023 | 94.56 | −3.88 pp |
| 2022 | 98.44 | +12.16 pp |
| 2021 | 86.28 | +0.08 pp |
| 2020 | 86.2 | −3.77 pp |
| 2019 | 89.97 | +3.94 pp |
| 2018 | 86.03 | +1.89 pp |
| 2017 | 84.14 | +3.86 pp |
| 2016 | 80.28 | +3.42 pp |
| 2015 | 76.86 | +0.84 pp |
| 2014 | 76.02 | −1.28 pp |
| 2013 | 77.29 | −0.02 pp |
| 2012 | 77.31 | −1.15 pp |
| 2011 | 78.47 | +3.88 pp |
| 2010 | 74.58 | +4.5 pp |
| 2009 | 70.08 | −4.12 pp |
| 2008 | 74.2 | +4.94 pp |
| 2007 | 69.26 | −1.82 pp |
| 2006 | 71.08 | +4.32 pp |
| 2005 | 66.76 | +3.31 pp |
| 2004 | 63.45 | +0.92 pp |
| 2003 | 62.53 | −1.43 pp |
| 2002 | 63.96 | −1.7 pp |
| 2001 | 65.65 | +0.31 pp |
| 2000 | 65.34 | +4.65 pp |
| 1999 | 60.69 | +0.4 pp |
| 1998 | 60.29 | −0.41 pp |
| 1997 | 60.7 | +0 pp |
| 1996 | 60.69 | +1.05 pp |
| 1995 | 59.65 | +0.54 pp |
| 1994 | 59.1 | +2.9 pp |
| 1993 | 56.21 | — |
The sum of exports and imports of goods and services as a percent of GDP — the standard indicator of the trade openness of an economy. Values above 100% are not an anomaly: they mean that trade turnover exceeds annual GDP, which is typical of trading hubs and of small economies built into supply chains.
Source: World Development Indicators (World Bank), license CC BY 4.0.
Merchandise exports plus imports as a percent of GDP — without services.
Trade Exports (% of GDP)How far the economy is oriented toward external markets.
Trade Imports (% of GDP)How far the economy depends on supplies from abroad.
Trade Trade balanceThe difference between exports and imports of goods and services. A minus means imports are larger.