Denmark Trade to GDP Ratio 1966-2024

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • Denmark trade to gdp ratio for 2023 was 128.45%, a 0.48% decline from 2022.
  • Denmark trade to gdp ratio for 2022 was 128.93%, a 18.22% increase from 2021.
  • Denmark trade to gdp ratio for 2021 was 110.71%, a 6.96% increase from 2020.
  • Denmark trade to gdp ratio for 2020 was 103.76%, a 6.47% 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%
Denmark Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2023 128.45% -0.48%
2022 128.93% 18.22%
2021 110.71% 6.96%
2020 103.76% -6.47%
2019 110.22% 3.25%
2018 106.98% 4.00%
2017 102.98% 2.81%
2016 100.17% -3.88%
2015 104.05% 1.78%
2014 102.26% -0.79%
2013 103.05% -0.19%
2012 103.24% 2.00%
2011 101.25% 7.15%
2010 94.10% 4.35%
2009 89.76% -15.07%
2008 104.83% 4.76%
2007 100.07% 2.70%
2006 97.37% 7.97%
2005 89.40% 7.19%
2004 82.21% 1.33%
2003 80.88% -3.68%
2002 84.56% 0.59%
2001 83.97% 0.98%
2000 82.98% 10.29%
1999 72.70% 1.40%
1998 71.30% 0.13%
1997 71.17% 2.70%
1996 68.47% -0.04%
1995 68.51% 0.73%
1994 67.78% 2.18%
1993 65.60% -1.40%
1992 67.00% -2.14%
1991 69.15% 1.86%
1990 67.29% 0.25%
1989 67.04% 3.29%
1988 63.76% 2.40%
1987 61.35% -3.44%
1986 64.80% -7.29%
1985 72.09% 1.18%
1984 70.91% 1.28%
1983 69.63% -1.21%
1982 70.84% 0.09%
1981 70.74% 5.29%
1980 65.46% 4.61%
1979 60.85% 3.80%
1978 57.05% -3.23%
1977 60.28% -0.72%
1976 61.01% 1.31%
1975 59.70% -4.96%
1974 64.66% 6.82%
1973 57.84% 4.62%
1972 53.22% -2.45%
1971 55.67% -1.46%
1970 57.13% 1.62%
1969 55.51% 0.18%
1968 55.33% -0.22%
1967 55.55% -2.11%
1966 57.66% -2.11%