Europe vs Viet Nam: Merchandise trade as a proportion of GDP
Europe
64.3%
in 2024
Viet Nam
164.9%
in 2024
Europe rank
8th
Viet Nam rank
5th
Merchandise trade as a proportion of GDP over time
- Europe
- Viet Nam
How they compare
Viet Nam currently reports 164.9% against 64.3% in Europe, a difference of 100.6%.
That makes Viet Nam's figure about 2.6 times Europe's.
Across all 25 years both countries report, Viet Nam has been ahead every year.
Europe ranks 8th and Viet Nam ranks 5th of 37 groups.
Viet Nam has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Europe | Viet Nam | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 56.6% | 119.6% | 63.0% | Viet Nam |
| 2010s | 63.7% | 132.8% | 69.1% | Viet Nam |
| 2020s | 67.7% | 167.6% | 99.9% | Viet Nam |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade as a proportion of gdp, Europe or Viet Nam?
- Viet Nam, at 164.9% against 64.3% in Europe as of 2024.
- What is the difference in merchandise trade as a proportion of gdp between Europe and Viet Nam?
- 100.6%, with Viet Nam ahead.
- How many years of comparable data are there for Europe and Viet Nam?
- 25 years are reported by both, from 2000 to 2024.
- How do Europe and Viet Nam rank globally for merchandise trade as a proportion of gdp?
- Europe ranks 8th and Viet Nam ranks 5th of 37 groups.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Merchandise trade as a proportion of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.