Viet Nam vs Western Europe: Merchandise trade as a proportion of GDP
Viet Nam
164.9%
in 2024
Western Europe
75.8%
in 2024
Viet Nam rank
5th
Western Europe rank
4th
Merchandise trade as a proportion of GDP over time
- Viet Nam
- Western Europe
How they compare
Viet Nam currently reports 164.9% against 75.8% in Western Europe, a difference of 89.1%.
That makes Viet Nam's figure about 2.2 times Western Europe's.
Across all 25 years both countries report, Viet Nam has been ahead every year.
Viet Nam ranks 5th and Western Europe ranks 4th of 218 countries.
Viet Nam has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Viet Nam | Western Europe | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 119.6% | 66.9% | 52.7% | Viet Nam |
| 2010s | 132.8% | 75.9% | 57.0% | Viet Nam |
| 2020s | 167.6% | 79.6% | 88.0% | Viet Nam |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade as a proportion of gdp, Viet Nam or Western Europe?
- Viet Nam, at 164.9% against 75.8% in Western Europe as of 2024.
- What is the difference in merchandise trade as a proportion of gdp between Viet Nam and Western Europe?
- 89.1%, with Viet Nam ahead.
- How many years of comparable data are there for Viet Nam and Western Europe?
- 25 years are reported by both, from 2000 to 2024.
- How do Viet Nam and Western Europe rank globally for merchandise trade as a proportion of gdp?
- Viet Nam ranks 5th and Western Europe ranks 4th of 218 countries.
- 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.