Poland: Merchandise trade (% of GDP)
In , Poland's Merchandise trade (% of GDP) was 82.74.
That's down 10.6% from 2023, the highest value since .
The global average for this indicator in 2024 was 64.89 . Poland ranks #42 globally out of 197 reporting countries. Within Europe & Central Asia, it ranks #17 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
- 106.63
- Trough
- 62.24
- 1-year change
- -10.6%
- 5-year change
- -6.2%
- -1.3% / yr
- 10-year change
- +1.1%
- +0.1% / yr
Historical Data — Last 10 Years
| Year | Merchandise trade (% of GDP) |
|---|---|
| 82.7419 | |
| 92.5093 | |
| 106.6304 | |
| 99.0625 | |
| 88.3724 | |
| 88.2514 | |
| 89.5582 | |
| 88.6098 | |
| 85.2224 | |
| 82.4068 |
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 Poland's Merchandise trade (% of GDP) in 2024?
- In 2024, Poland's Merchandise trade (% of GDP) was 82.74, according to World Bank Open Data.
- Is Poland's Merchandise trade (% of GDP) rising or falling?
- Poland's Merchandise trade (% of GDP) fell 10.6% from 2023 to 2024.
- How does Poland rank globally on Merchandise trade (% of GDP)?
- In 2024, Poland ranked #42 out of 197 countries reporting Merchandise trade (% of GDP).
- How does Poland's Merchandise trade (% of GDP) compare to the world average?
- The global average for Merchandise trade (% of GDP) in 2024 was 64.89, so Poland is above the world average. Within Europe & Central Asia, it ranks #17 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.