Countries by Trade as a Share of GDP 2023
Source:
World Bank
Key Findings
🏆
Luxembourg leads in Trade (% of GDP) with 402.60 in 2023.
📊
Average Trade (% of GDP) in 2023: 218 · median: 183.
↔️
Gap in 2023: Luxembourg is 2.6× larger than Aruba.
About This Dataset
Countries by Trade as a Share of GDP 2023
The 20 countries and territories where trade is worth the largest share of GDP in 2023. Trade is exports plus imports combined. Luxembourg tops the list at 402.6% of GDP, followed by Hong Kong at 353.2% and San Marino at 341%. Data covers 176 countries and territories.
Analysis
The median country trades 82.4% of GDP, against 402.6% in Luxembourg. 7 of the 176 measured are above 200%, which happens in entrepot economies where the same goods are imported and then exported again.
Data Insights
Numbers, trends & sources behind this chart
Methodology & source
- Data source
- World Bank
- Coverage
- 20 entities · 2023 · 20 observations
- Measure
- Trade (% of GDP)
- Last updated
- 31 August 2026
- Compiled by
- The ANYSTAT team, from the source above
How the figures are calculated
- Values use the measure and unit named on this page. Consult the dataset description and cited source for coverage, definitions and any unit conversions. Displayed values may be rounded for readability.
- Entities are ranked highest-first on their value in 2023.
Data Sources & References
All external sources cited in this dataset
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Each country's page lists its position in every ranking on ANYSTAT.
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