Norway Trade to GDP Ratio 1970-2022

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • Norway trade to gdp ratio for 2021 was 70.68%, a 5.35% increase from 2020.
  • Norway trade to gdp ratio for 2020 was 65.33%, a 5.71% decline from 2019.
  • Norway trade to gdp ratio for 2019 was 71.04%, a 0.83% increase from 2018.
  • Norway trade to gdp ratio for 2018 was 70.21%, a 1.05% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Hong Kong 403.10%
Luxembourg 388.85%
Singapore 338.31%
Malta 283.47%
Ireland 229.40%
Seychelles 197.00%
Slovak Republic 188.36%
Belgium 169.37%
Macao 164.18%
Hungary 161.91%
Slovenia 161.74%
Cyprus 160.94%
Estonia 160.79%
Lithuania 156.57%
Netherlands 156.19%
Brunei 147.12%
Czech Republic 142.11%
Latvia 130.22%
Switzerland 125.11%
Poland 117.62%
Denmark 112.43%
Austria 110.99%
Croatia 103.76%
Germany 89.39%
Greece 89.18%
Sweden 88.16%
Portugal 87.05%
South Korea 79.77%
Iceland 78.39%
Finland 77.63%
Bermuda 73.25%
Norway 70.68%
Bahamas 69.63%
Spain 68.33%
Chile 64.43%
Italy 63.06%
France 61.97%
Canada 61.23%
Saudi Arabia 59.12%
Uruguay 56.81%
United Kingdom 55.24%
Israel 54.97%
Australia 40.02%
Argentina 33.43%
Norway Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2021 70.68% 5.35%
2020 65.33% -5.71%
2019 71.04% 0.83%
2018 70.21% 1.05%
2017 69.16% 0.22%
2016 68.94% -0.92%
2015 69.86% 1.20%
2014 68.66% 1.12%
2013 67.55% -0.67%
2012 68.22% -1.46%
2011 69.67% 1.42%
2010 68.25% 1.19%
2009 67.05% -7.83%
2008 74.89% 1.71%
2007 73.18% 0.83%
2006 72.36% 1.54%
2005 70.81% 1.80%
2004 69.01% 2.46%
2003 66.55% -1.06%
2002 67.61% -5.67%
2001 73.28% -1.37%
2000 74.65% 4.64%
1999 70.01% -2.01%
1998 72.02% -1.04%
1997 73.06% 1.94%
1996 71.12% 2.80%
1995 68.33% -0.40%
1994 68.73% 0.68%
1993 68.05% 0.38%
1992 67.67% -3.01%
1991 70.68% -1.91%
1990 72.59% 1.43%
1989 71.16% 5.66%
1988 65.51% -0.23%
1987 65.73% -4.83%
1986 70.56% -6.18%
1985 76.74% 0.97%
1984 75.78% 1.03%
1983 74.75% -2.11%
1982 76.85% -1.51%
1981 78.36% -1.12%
1980 79.48% 3.31%
1979 76.18% 4.57%
1978 71.60% -6.07%
1977 77.67% -2.63%
1976 80.30% 2.31%
1975 77.99% -4.41%
1974 82.40% 7.20%
1973 75.20% 6.05%
1972 69.15% -2.94%
1971 72.09% -1.49%
1970 73.58% -1.49%