Portugal 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.
  • Portugal trade to gdp ratio for 2023 was 94.05%, a 7.55% decline from 2022.
  • Portugal trade to gdp ratio for 2022 was 101.61%, a 15.98% increase from 2021.
  • Portugal trade to gdp ratio for 2021 was 85.63%, a 9.39% increase from 2020.
  • Portugal trade to gdp ratio for 2020 was 76.24%, a 10.33% 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%
Portugal Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2023 94.05% -7.55%
2022 101.61% 15.98%
2021 85.63% 9.39%
2020 76.24% -10.33%
2019 86.56% 0.14%
2018 86.43% 1.99%
2017 84.44% 5.16%
2016 79.27% -1.22%
2015 80.49% 0.21%
2014 80.28% 2.17%
2013 78.11% 2.06%
2012 76.05% 2.95%
2011 73.10% 5.32%
2010 67.78% 6.29%
2009 61.49% -10.58%
2008 72.08% 2.13%
2007 69.95% 1.40%
2006 68.55% 5.60%
2005 62.94% -0.26%
2004 63.20% 2.07%
2003 61.14% -1.17%
2002 62.31% -2.78%
2001 65.09% -2.36%
2000 67.45% 4.14%
1999 63.31% -0.52%
1998 63.83% 1.53%
1997 62.31% 2.10%
1996 60.21% 0.30%
1995 59.91% 2.74%
1994 57.18% 3.00%
1993 54.18% -2.13%
1992 56.31% -4.06%
1991 60.37% -4.69%
1990 65.06% 0.19%
1989 64.87% 1.67%
1988 63.20% 3.62%
1987 59.58% 5.56%
1986 54.02% -7.50%
1985 61.52% -2.90%
1984 64.41% 5.48%
1983 58.93% 3.17%
1982 55.76% 0.19%
1981 55.58% 1.34%
1980 54.24% 3.50%
1979 50.73% 9.60%
1978 41.13% 0.60%
1977 40.53% 2.81%
1976 37.71% -3.82%
1975 41.53% -12.41%
1974 53.94% 6.70%
1973 47.24% 1.00%
1972 46.23% 1.56%
1971 44.67% 1.46%
1970 43.21% 1.46%