Ukraine: Trade (% of GDP)
In , Ukraine's Trade (% of GDP) was 77.75.
That's up 0.3% from 2023, the highest value since .
The global average for this indicator in 2024 was 92.19 . Ukraine ranks #86 globally out of 160 reporting countries. Within Europe & Central Asia, it ranks #39 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
- 107.81
- Trough
- 77.51
- 1-year change
- +0.3%
- 5-year change
- -14.1%
- -3.0% / yr
- 10-year change
- -22.8%
- -2.6% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 77.7530 | |
| 77.5096 | |
| 87.3965 | |
| 82.6980 | |
| 79.1565 | |
| 90.5112 | |
| 99.1998 | |
| 104.0350 | |
| 105.5212 | |
| 107.8066 |
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 Ukraine's Trade (% of GDP) in 2024?
- In 2024, Ukraine's Trade (% of GDP) was 77.75, according to World Bank Open Data.
- Is Ukraine's Trade (% of GDP) rising or falling?
- Ukraine's Trade (% of GDP) rose 0.3% from 2023 to 2024.
- How does Ukraine rank globally on Trade (% of GDP)?
- In 2024, Ukraine ranked #86 out of 160 countries reporting Trade (% of GDP).
- How does Ukraine's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so Ukraine is below the world average. Within Europe & Central Asia, it ranks #39 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.