Belgium Trade to GDP Ratio 1970-2024

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 2023 was 174.30%, a 18.74% decline from 2022.
  • Belgium trade to gdp ratio for 2022 was 193.03%, a 18.99% increase from 2021.
  • Belgium trade to gdp ratio for 2021 was 174.04%, a 18.7% increase from 2020.
  • Belgium trade to gdp ratio for 2020 was 155.34%, a 8.83% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Luxembourg 394.22%
Hong Kong 351.59%
Malta 314.00%
Singapore 311.24%
Ireland 234.75%
Seychelles 183.07%
Slovak Republic 181.53%
Cyprus 179.62%
Belgium 174.30%
Slovenia 161.33%
Netherlands 158.82%
Hungary 157.30%
Estonia 156.16%
Lithuania 153.15%
Macao 142.00%
Czech Republic 138.92%
Switzerland 138.22%
Brunei 136.56%
Latvia 131.97%
Denmark 128.45%
Austria 116.12%
Croatia 109.92%
Poland 109.54%
Sweden 103.57%
Puerto Rico 101.73%
Greece 94.66%
Portugal 94.05%
Germany 90.11%
South Korea 87.94%
Iceland 86.79%
Bahamas 82.70%
Finland 82.35%
Norway 79.65%
Spain 73.79%
Italy 68.73%
France 67.58%
Canada 67.46%
United Kingdom 65.59%
Saudi Arabia 62.13%
Chile 60.97%
Israel 58.00%
Uruguay 51.73%
Australia 48.08%
Argentina 26.97%
Belgium Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2023 174.30% -18.74%
2022 193.03% 18.99%
2021 174.04% 18.70%
2020 155.34% -8.83%
2019 164.17% -2.33%
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%