Exports Share of GDP by Country 2024

About This Dataset

This chart ranks countries by exports of goods and services as a share of GDP in 2024. Rates can exceed 100% because exports are measured at full sale value while GDP counts only value added, so re-exported goods inflate the ratio.

✨ AI Insight

Luxembourg leads at 191.5% of GDP, followed by Hong Kong on 181.6% and Singapore on 174.7%, figures that look impossible until the method is understood: exports are counted at their full value while GDP counts only the value a country adds, so goods that merely pass through are counted in full. All three leaders are re-export and financial hubs where this effect is extreme. Ireland's 144% reflects multinational pharmaceutical and technology output routed through Irish subsidiaries. The most economically meaningful entry is Vietnam at 90.2%, the only large manufacturing nation on the list, where the figure genuinely reflects an economy built on selling to the world rather than on transit trade.

Source: World Bank (National Accounts)

Key Findings

Auto-computed highlights from this dataset

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Luxembourg leads with 192 in 2024.

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Average value in 2024: 130 · median: 122.

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Gap in 2024: Luxembourg is 2.2× larger than Bahrain.