Greece: Trade (% of GDP)
In , Greece's Trade (% of GDP) was 89.78.
That's down 2.9% from 2023, the highest value since .
The global average for this indicator in 2024 was 92.19 . Greece ranks #71 globally out of 160 reporting countries. Within Europe & Central Asia, it ranks #30 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
- 108.12
- Trough
- 46.38
- 1-year change
- -2.9%
- 5-year change
- +11.4%
- +2.2% / yr
- 10-year change
- +35.1%
- +3.1% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 89.7765 | |
| 92.4711 | |
| 108.1218 | |
| 88.0127 | |
| 70.2937 | |
| 80.5901 | |
| 79.2380 | |
| 70.8825 | |
| 63.6575 | |
| 65.2716 |
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 Greece's Trade (% of GDP) in 2024?
- In 2024, Greece's Trade (% of GDP) was 89.78, according to World Bank Open Data.
- Is Greece's Trade (% of GDP) rising or falling?
- Greece's Trade (% of GDP) fell 2.9% from 2023 to 2024.
- How does Greece rank globally on Trade (% of GDP)?
- In 2024, Greece ranked #71 out of 160 countries reporting Trade (% of GDP).
- How does Greece's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so Greece is below the world average. Within Europe & Central Asia, it ranks #30 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.