Netherlands: Trade (% of GDP)
In , Netherlands's Trade (% of GDP) was 153.83.
That's down 6.8% from 2023, the highest value since .
The global average for this indicator in 2024 was 92.19 . Netherlands ranks #17 globally out of 160 reporting countries. Within Europe & Central Asia, it ranks #7 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
- 184.11
- Trough
- 115.11
- 1-year change
- -6.8%
- 5-year change
- -4.3%
- -0.9% / yr
- 10-year change
- +1.4%
- +0.1% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 153.8307 | |
| 165.0304 | |
| 184.1075 | |
| 163.1548 | |
| 152.2332 | |
| 160.6767 | |
| 163.5591 | |
| 159.6461 | |
| 150.9655 | |
| 160.3258 |
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 Netherlands's Trade (% of GDP) in 2024?
- In 2024, Netherlands's Trade (% of GDP) was 153.83, according to World Bank Open Data.
- Is Netherlands's Trade (% of GDP) rising or falling?
- Netherlands's Trade (% of GDP) fell 6.8% from 2023 to 2024.
- How does Netherlands rank globally on Trade (% of GDP)?
- In 2024, Netherlands ranked #17 out of 160 countries reporting Trade (% of GDP).
- How does Netherlands's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so Netherlands is above the world average. Within Europe & Central Asia, it ranks #7 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.