United Kingdom: Exports of goods and services (% of GDP)
In , United Kingdom's Exports of goods and services (% of GDP) was 30.98.
That's down 2.9% from 2023, the highest value since .
The global average for this indicator in 2024 was 44.26 . United Kingdom ranks #99 globally out of 160 reporting countries. Within Europe & Central Asia, it ranks #44 of 49.
Source: World Bank Open Data (NE.EXP.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
- 2016 · Brexit referendum
Highlights
- Peak
- 34.06
- Trough
- 25.21
- 1-year change
- -2.9%
- 5-year change
- -2.9%
- -0.6% / yr
- 10-year change
- +8.6%
- +0.8% / yr
Historical Data — Last 10 Years
| Year | Exports of goods and services (% of GDP) |
|---|---|
| 30.9842 | |
| 31.9123 | |
| 34.0619 | |
| 29.2894 | |
| 29.9487 | |
| 31.9029 | |
| 31.8545 | |
| 30.9738 | |
| 29.0616 | |
| 27.8791 |
About Exports of goods and services (% of GDP)
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. 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.EXP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was United Kingdom's Exports of goods and services (% of GDP) in 2024?
- In 2024, United Kingdom's Exports of goods and services (% of GDP) was 30.98, according to World Bank Open Data.
- Is United Kingdom's Exports of goods and services (% of GDP) rising or falling?
- United Kingdom's Exports of goods and services (% of GDP) fell 2.9% from 2023 to 2024.
- How does United Kingdom rank globally on Exports of goods and services (% of GDP)?
- In 2024, United Kingdom ranked #99 out of 160 countries reporting Exports of goods and services (% of GDP).
- How does United Kingdom's Exports of goods and services (% of GDP) compare to the world average?
- The global average for Exports of goods and services (% of GDP) in 2024 was 44.26, so United Kingdom is below the world average. Within Europe & Central Asia, it ranks #44 of 49.
- What is Exports of goods and services (% of GDP) and how is it measured?
- Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. 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.EXP.GNFS.ZS), CC BY 4.0.