Norway 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.
  • Norway trade to gdp ratio for 2023 was 79.65%, a 2.96% decline from 2022.
  • Norway trade to gdp ratio for 2022 was 82.61%, a 11.38% increase from 2021.
  • Norway trade to gdp ratio for 2021 was 71.22%, a 5.87% increase from 2020.
  • Norway trade to gdp ratio for 2020 was 65.35%, a 5.54% 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%
Norway Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2023 79.65% -2.96%
2022 82.61% 11.38%
2021 71.22% 5.87%
2020 65.35% -5.54%
2019 70.90% 0.89%
2018 70.00% 0.89%
2017 69.11% -0.01%
2016 69.12% -1.32%
2015 70.43% 1.29%
2014 69.14% 1.16%
2013 67.97% -0.53%
2012 68.50% -1.10%
2011 69.60% 1.36%
2010 68.24% 0.78%
2009 67.46% -7.32%
2008 74.79% 2.84%
2007 71.94% 0.28%
2006 71.66% 1.19%
2005 70.47% 1.80%
2004 68.67% 2.35%
2003 66.32% -1.20%
2002 67.52% -5.64%
2001 73.16% -1.15%
2000 74.31% 4.81%
1999 69.51% -2.12%
1998 71.62% -0.53%
1997 72.15% 1.95%
1996 70.20% 2.90%
1995 67.30% -0.34%
1994 67.63% 0.38%
1993 67.25% 0.54%
1992 66.71% -2.88%
1991 69.59% -1.80%
1990 71.39% 1.75%
1989 69.64% 5.37%
1988 64.27% -0.61%
1987 64.88% -4.83%
1986 69.71% -5.94%
1985 75.65% 1.03%
1984 74.62% 0.70%
1983 73.92% -2.11%
1982 76.03% -1.10%
1981 77.13% -0.95%
1980 78.09% 3.21%
1979 74.88% 4.16%
1978 70.72% -5.48%
1977 76.20% -2.56%
1976 78.76% 2.50%
1975 76.27% -3.84%
1974 80.11% 7.04%
1973 73.07% 6.11%
1972 66.96% -2.74%
1971 69.70% -1.26%
1970 70.96% -1.26%