Czechia: Merchandise trade (% of GDP)
In , Czechia's Merchandise trade (% of GDP) was 142.95.
That's up 1.2% from 2023, the highest value since .
The global average for this indicator in 2024 was 64.89 . Czechia ranks #10 globally out of 197 reporting countries. Within Europe & Central Asia, it ranks #4 of 50.
Source: World Bank Open Data (TG.VAL.TOTL.GD.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 158.59
- Trough
- 105.33
- 1-year change
- +1.2%
- 5-year change
- -2.9%
- -0.6% / yr
- 10-year change
- -8.4%
- -0.9% / yr
Historical Data — Last 10 Years
| Year | Merchandise trade (% of GDP) |
|---|---|
| 142.9514 | |
| 141.2676 | |
| 158.5913 | |
| 150.7138 | |
| 144.5627 | |
| 147.2646 | |
| 153.5352 | |
| 155.9345 | |
| 154.2849 | |
| 158.2389 |
About Merchandise trade (% of GDP)
General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: TG.VAL.TOTL.GD.ZS • Category: Trade & Finance
Frequently asked questions
- What was Czechia's Merchandise trade (% of GDP) in 2024?
- In 2024, Czechia's Merchandise trade (% of GDP) was 142.95, according to World Bank Open Data.
- Is Czechia's Merchandise trade (% of GDP) rising or falling?
- Czechia's Merchandise trade (% of GDP) rose 1.2% from 2023 to 2024.
- How does Czechia rank globally on Merchandise trade (% of GDP)?
- In 2024, Czechia ranked #10 out of 197 countries reporting Merchandise trade (% of GDP).
- How does Czechia's Merchandise trade (% of GDP) compare to the world average?
- The global average for Merchandise trade (% of GDP) in 2024 was 64.89, so Czechia is above the world average. Within Europe & Central Asia, it ranks #4 of 50.
- What is Merchandise trade (% of GDP) and how is it measured?
- General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (TG.VAL.TOTL.GD.ZS), CC BY 4.0.