Merchandise trade as a proportion of GDP in Eastern Europe
Eastern Europe: Merchandise trade as a proportion of GDP was 67.0% in 2024. ▲ Rising
Merchandise trade as a proportion of GDP in Eastern Europe, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, merchandise trade as a proportion of gdp in Eastern Europe stood at 67.0%.
Compared with earlier readings it is down 5.5% on the previous year and up 0.1% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Eastern Europe peaked at 77.9% in 2021 and was at its lowest, 62.0%, in 2009.
Eastern Europe ranks 6th of 37 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Merchandise trade as a proportion of GDP in Eastern Europe, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 68.4% | — |
| 2001 | 64.8% | -5.4% |
| 2002 | 64.0% | -1.2% |
| 2003 | 67.8% | +5.9% |
| 2004 | 70.6% | +4.1% |
| 2005 | 68.2% | -3.3% |
| 2006 | 69.7% | +2.2% |
| 2007 | 68.7% | -1.4% |
| 2008 | 69.0% | +0.3% |
| 2009 | 62.0% | -10.1% |
| 2010 | 66.3% | +7.0% |
| 2011 | 67.3% | +1.5% |
| 2012 | 64.6% | -4.0% |
| 2013 | 63.2% | -2.1% |
| 2014 | 66.9% | +5.8% |
| 2015 | 71.9% | +7.4% |
| 2016 | 72.6% | +1.0% |
| 2017 | 72.3% | -0.4% |
| 2018 | 75.5% | +4.4% |
| 2019 | 72.5% | -4.0% |
| 2020 | 72.1% | -0.5% |
| 2021 | 77.9% | +8.0% |
| 2022 | 74.8% | -4.0% |
| 2023 | 70.9% | -5.2% |
| 2024 | 67.0% | -5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 67.3% | 62.0% | 70.6% | 10 |
| 2010s | 69.3% | 63.2% | 75.5% | 10 |
| 2020s | 72.5% | 67.0% | 77.9% | 5 |
Countries ranked near Eastern Europe
More economy & growth data for Eastern Europe
- Gross Domestic Product, GDP in millions constant 2021 international $ 11.27 million (2027)
- Gross Domestic Product — Value US$ 4.49 million million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 739,675 million USD (2024)
- Gross Domestic Product — Value US$ per capita 15,743 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 11,251 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 3.21 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 6.16 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 6.54 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 3.38 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 23.07 % (2024)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Eastern Europe?
- Merchandise trade as a proportion of gdp in Eastern Europe was 67.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Eastern Europe?
- The highest recorded value was 77.9% in 2021.
- What is the lowest merchandise trade as a proportion of gdp recorded in Eastern Europe?
- The lowest recorded value was 62.0% in 2009.
- How does Eastern Europe rank for merchandise trade as a proportion of gdp?
- Eastern Europe ranks 6th out of 37 groups with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Eastern Europe?
- Over the last ten years it is up 0.1%. The long-run trend across the full record is rising.
- Where does this Eastern Europe data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).