Czechia: Trade (% of GDP)
In , Czechia's Trade (% of GDP) was 131.48.
That's down 0.3% from 2023, the highest value since .
The global average for this indicator in 2024 was 92.19 . Czechia ranks #34 globally out of 160 reporting countries. Within Europe & Central Asia, it ranks #17 of 49.
Source: World Bank Open Data (NE.TRD.GNFS.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
- 156.42
- Trough
- 113.05
- 1-year change
- -0.3%
- 5-year change
- -4.8%
- -1.0% / yr
- 10-year change
- -15.9%
- -1.7% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 131.4850 | |
| 131.8926 | |
| 144.0115 | |
| 137.3781 | |
| 128.7804 | |
| 138.1546 | |
| 145.1417 | |
| 147.7508 | |
| 148.5470 | |
| 154.0184 |
About Trade (% of GDP)
Trade is the sum of exports and imports of goods and services. 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: NE.TRD.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Czechia's Trade (% of GDP) in 2024?
- In 2024, Czechia's Trade (% of GDP) was 131.48, according to World Bank Open Data.
- Is Czechia's Trade (% of GDP) rising or falling?
- Czechia's Trade (% of GDP) fell 0.3% from 2023 to 2024.
- How does Czechia rank globally on Trade (% of GDP)?
- In 2024, Czechia ranked #34 out of 160 countries reporting Trade (% of GDP).
- How does Czechia's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so Czechia is above the world average. Within Europe & Central Asia, it ranks #17 of 49.
- What is Trade (% of GDP) and how is it measured?
- Trade is the sum of exports and imports of goods and services. 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 (NE.TRD.GNFS.ZS), CC BY 4.0.