Finland: Trade (% of GDP)
In , Finland's Trade (% of GDP) was 83.46.
That's down 2.5% from 2023, the highest value since .
The global average for this indicator in 2024 was 92.19 . Finland ranks #78 globally out of 160 reporting countries. Within Europe & Central Asia, it ranks #34 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
- 94.56
- Trough
- 70.13
- 1-year change
- -2.5%
- 5-year change
- +3.6%
- +0.7% / yr
- 10-year change
- +11.8%
- +1.1% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 83.4601 | |
| 85.5634 | |
| 94.5625 | |
| 79.7893 | |
| 72.1846 | |
| 80.5642 | |
| 79.1436 | |
| 75.9388 | |
| 71.7222 | |
| 71.9618 |
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 Finland's Trade (% of GDP) in 2024?
- In 2024, Finland's Trade (% of GDP) was 83.46, according to World Bank Open Data.
- Is Finland's Trade (% of GDP) rising or falling?
- Finland's Trade (% of GDP) fell 2.5% from 2023 to 2024.
- How does Finland rank globally on Trade (% of GDP)?
- In 2024, Finland ranked #78 out of 160 countries reporting Trade (% of GDP).
- How does Finland's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so Finland is below the world average. Within Europe & Central Asia, it ranks #34 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.