Merchandise trade as a proportion of GDP (%) in Greece
Greece: Merchandise trade as a proportion of GDP (%) was 56.9% in 2024. ▲ Rising
Latest (2024)
56.9%
Change on year
down 4.7%
World rank
101st
of 220 countries
All-time high
72.4%
in 2022
All-time low
27.9%
in 2002
Years of data
25
2000–2024
Merchandise trade as a proportion of GDP in Greece, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Greece recorded 56.9% for merchandise trade as a proportion of gdp in 2024.
Compared with earlier readings it is down 4.7% on the previous year and up 35.9% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Greece peaked at 72.4% in 2022 and was at its lowest, 27.9%, in 2002.
That places Greece 101st out of 220 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Merchandise trade as a proportion of GDP (%) in Greece, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 36.0% | — |
| 2001 | 33.7% | -6.2% |
| 2002 | 27.9% | -17.1% |
| 2003 | 29.6% | +5.8% |
| 2004 | 29.0% | -2.0% |
| 2005 | 31.4% | +8.5% |
| 2006 | 33.0% | +5.0% |
| 2007 | 35.5% | +7.4% |
| 2008 | 36.4% | +2.7% |
| 2009 | 30.4% | -16.6% |
| 2010 | 31.7% | +4.3% |
| 2011 | 35.5% | +12.0% |
| 2012 | 40.6% | +14.5% |
| 2013 | 41.0% | +1.0% |
| 2014 | 41.9% | +2.1% |
| 2015 | 38.7% | -7.5% |
| 2016 | 38.8% | +0.3% |
| 2017 | 43.0% | +10.7% |
| 2018 | 48.5% | +12.8% |
| 2019 | 48.4% | -0.2% |
| 2020 | 47.6% | -1.5% |
| 2021 | 56.9% | +19.5% |
| 2022 | 72.4% | +27.1% |
| 2023 | 59.7% | -17.6% |
| 2024 | 56.9% | -4.7% |
Greece compared with similar countries
- Greece's 56.9% is above the median for high income countries, which is 56.9%, 1.0× the median. (73 countries reporting)
- Greece's 56.9% is below the median for Europe & Central Asia, which is 63.9%, 89% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 32.3% | 27.9% | 36.4% | 10 |
| 2010s | 40.8% | 31.7% | 48.5% | 10 |
| 2020s | 58.7% | 47.6% | 72.4% | 5 |
Countries ranked near Greece
- 98 South Africa 58.2% compare
- 99 Ukraine 58.1% compare
- 100 Maldives 56.9% compare
- 102 Marshall Islands 56.9% compare
- 103 Papua New Guinea 56.9% compare
- 104 Andorra 56.7% compare
More economy & growth data for Greece
- Real gdp growth, annual growth rate -0.6708 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.67 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 181.25 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0108 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 289.76 units per person (2025)
- SDRs holdings, SDR, annual growth rate 167.82 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0079 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 211.58 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Greece?
- Merchandise trade as a proportion of gdp in Greece was 56.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Greece?
- The highest recorded value was 72.4% in 2022.
- What is the lowest merchandise trade as a proportion of gdp recorded in Greece?
- The lowest recorded value was 27.9% in 2002.
- How does Greece rank for merchandise trade as a proportion of gdp?
- Greece ranks 101st out of 220 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Greece?
- Over the last ten years it is up 35.9%. The long-run trend across the full record is rising.
- Where does this Greece 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.
Download this data
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