EU countries by trade as a share of GDP

Luxembourg had the highest trade as a share of GDP of 27 EU countries in 2016, at 348.4%. Italy had the lowest, at 54.4%. The median was 122.8%. Source: the World Bank.

Highest348.4Luxembourg
Lowest54.4Italy
Median122.827 EU countries

All EU countries, 2016

Luxembourg: 348.4 %Luxembourg348.4Ireland: 239.7 %Ireland239.7Malta: 213.4 %Malta213.4Slovakia: 182.8 %Slovakia182.8Hungary: 164 %Hungary164Belgium: 159.1 %Belgium159.1Netherlands: 151 %Netherlands151Czechia: 148.5 %Czechia148.5Slovenia: 148.2 %Slovenia148.2Estonia: 147.7 %Estonia147.7Cyprus: 139 %Cyprus139Lithuania: 134.7 %Lithuania134.7Latvia: 123.3 %Latvia123.3Bulgaria: 122.8 %Bulgaria122.8Austria: 101.6 %Austria101.6Denmark: 101.5 %Denmark101.5Poland: 96.9 %Poland96.9Croatia: 92.1 %Croatia92.1Romania: 85.9 %Romania85.9Sweden: 83.5 %Sweden83.5Portugal: 79.5 %Portugal79.5Germany: 76 %Germany76Finland: 71.7 %Finland71.7Greece: 63.7 %Greece63.7France: 63.3 %France63.3Spain: 63.2 %Spain63.2Italy: 54.4 %Italy54.4
%. Source: World Bank, Trade, % of GDP (NE.TRD.GNFS.ZS). Retrieved 2026-10-11.

Full ranking

RankEU countries2016 (%)Change on 2015
1Luxembourg348.4-2.7 pts
2Ireland239.7+16 pts
3Malta213.4+6.2 pts
4Slovakia182.8+3.3 pts
5Hungary164-3.3 pts
6Belgium159.1+4 pts
7Netherlands151-9.4 pts
8Czechia148.5-5.5 pts
9Slovenia148.2+1 pts
10Estonia147.7-0.8 pts
11Cyprus139+1.7 pts
12Lithuania134.7-3.5 pts
13Latvia123.3-3 pts
14Bulgaria122.8-3.9 pts
15Austria101.6-1.5 pts
16Denmark101.5-3.7 pts
17Poland96.9+4.6 pts
18Croatia92.1+1.5 pts
19Romania85.9+2.4 pts
20Sweden83.5-0.7 pts
21Portugal79.5-1.1 pts
22Germany76-1.8 pts
23Finland71.7-0.2 pts
24Greece63.7-1.6 pts
25France63.3-0.2 pts
26Spain63.2-0.4 pts
27Italy54.4-1 pts

Other periods

About this ranking

Sum of exports and imports of goods and services, as a percentage of GDP. World Bank series.

Can exceed 100%, because exports and imports are both counted against GDP, which is only value added. Small open economies with large re-export or transit trade reach several hundred percent.

Every value in the ranking comes from the same publisher and the same period, so the EU countries are compared on one definition. Equal values share a rank.

How to cite

World Bank, World Development Indicators. Trade, % of GDP (NE.TRD.GNFS.ZS). https://data.worldbank.org/indicator/NE.TRD.GNFS.ZS. Retrieved 2026-10-11.

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Questions

Which EU country has the highest trade as a share of GDP?

Luxembourg, with 348.4% in 2016, according to the World Bank.

Which EU country has the lowest trade as a share of GDP?

Italy, with 54.4% in 2016.

Where does this ranking come from?

Every value comes from one source and one period, so the places are comparable: World Bank, Trade, % of GDP (NE.TRD.GNFS.ZS). Retrieved 2026-10-11.

Trade as a share of GDP: other rankings

EU countries: more rankings