Belgium Trade to GDP Ratio 1970-2023

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • Belgium trade to gdp ratio for 2021 was 172.67%, a 15.49% increase from 2020.
  • Belgium trade to gdp ratio for 2020 was 157.18%, a 7% decline from 2019.
  • Belgium trade to gdp ratio for 2019 was 164.18%, a 2.32% decline from 2018.
  • Belgium trade to gdp ratio for 2018 was 166.49%, a 1.17% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Hong Kong 402.22%
Luxembourg 388.12%
Singapore 338.31%
Malta 287.67%
Ireland 229.45%
Slovak Republic 187.83%
Belgium 172.67%
Cyprus 170.31%
Macao 163.90%
Hungary 162.79%
Slovenia 160.92%
Estonia 156.96%
Lithuania 156.47%
Netherlands 155.70%
Seychelles 152.74%
Brunei 147.12%
Czech Republic 142.50%
Aruba 137.16%
Switzerland 130.85%
Latvia 130.37%
Poland 112.45%
Denmark 112.18%
Austria 111.22%
Faroe Islands 104.90%
Croatia 104.03%
Puerto Rico 96.67%
Oman 93.92%
Qatar 93.05%
Panama 92.70%
Greece 89.46%
Germany 88.74%
Sweden 86.69%
Portugal 86.17%
South Korea 80.49%
Finland 78.60%
Iceland 78.18%
Bermuda 72.23%
Norway 70.89%
Barbados 70.85%
Bahamas 69.63%
Spain 68.38%
Chile 64.43%
Italy 62.98%
Guam 62.93%
Canada 61.37%
France 60.84%
Saudi Arabia 59.12%
Uruguay 56.81%
United Kingdom 56.67%
Israel 54.96%
New Zealand 49.10%
Australia 39.87%
Japan 37.38%
Argentina 32.98%
United States 25.48%
Belgium Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2021 172.67% 15.49%
2020 157.18% -7.00%
2019 164.18% -2.32%
2018 166.49% 1.17%
2017 165.33% 7.66%
2016 157.67% 3.47%
2015 154.19% -4.59%
2014 158.78% 0.93%
2013 157.85% -2.90%
2012 160.75% -0.75%
2011 161.49% 11.50%
2010 150.00% 14.59%
2009 135.41% -25.68%
2008 161.09% 8.62%
2007 152.47% 2.90%
2006 149.57% 5.04%
2005 144.53% 7.61%
2004 136.92% 4.20%
2003 132.72% -3.37%
2002 136.09% -3.49%
2001 139.58% -2.65%
2000 142.23% 17.06%
1999 125.17% 0.46%
1998 124.71% -0.98%
1997 125.69% 6.48%
1996 119.21% 2.83%
1995 116.38% 3.15%
1994 113.23% 4.22%
1993 109.01% -6.06%
1992 115.07% -3.52%
1991 118.59% -2.88%
1990 121.47% -3.47%
1989 124.94% 8.51%
1988 116.42% 6.50%
1987 109.92% -2.41%
1986 112.33% -11.55%
1985 123.88% -4.35%
1984 128.23% 7.84%
1983 120.40% 2.47%
1982 117.93% 7.70%
1981 110.22% 7.17%
1980 103.06% 1.48%
1979 101.57% 9.26%
1978 92.31% -3.36%
1977 95.68% -1.14%
1976 96.82% 5.29%
1975 91.52% -13.75%
1974 105.27% 11.13%
1973 94.14% 8.93%
1972 85.21% -0.37%
1971 85.58% -2.14%
1970 87.73% -2.14%