Foreign Trade (As % of GDP) fell to 208% in Ireland in 2017

Foreign Trade (As % of GDP) (%)
Economy | Ireland | March 11, 2019
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Excel Sheet

Foreign trade as a share of GDP reached 208 % in 2017 in Ireland, according to the National Statistical Office. This is 6 % less than in the previous year.

Historically, foreign trade as a share of GDP in Ireland reached an all time high of 221 % in 2016 and an all time low of 64.8 % in 1960. When compared to Ireland's main peers, foreign trade as a share of GDP in Canada amounted to 64.1 %, 62.9 % in France, 89.8 % in Iceland and 62.5 % in United Kingdom in 2017.

Ireland has been ranked 4th within the group of 139 countries we follow in terms of foreign trade as a share of GDP, 8 places above the position seen 10 years ago.

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

Foreign Trade (As % of GDP) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Australia % 42.0% 43.3% 41.3% 42.6% 41.5%
Belgium % 163% 164% 162% 165% 160%
Canada % 62.3% 62.4% 62.0% 64.1% 65.8%
Denmark % 101% 103% 103% 102% 104%
France % 58.8% 59.7% 59.8% 60.5% 61.8%
Germany % 84.7% 85.9% 84.8% 84.4% 85.7%
Iceland % 102% 104% 99.3% 97.0% 96.7%
Ireland % 188% 191% 188% 201% 215%
Italy % 55.6% 56.2% 55.5% 55.8% 56.9%
Mexico % 63.5% 65.8% 63.8% 65.0% 71.2%
Norway % 69.6% 68.1% 67.5% 68.6% 69.8%
Spain % 58.1% 59.9% 61.2% 63.0% 63.5%
Sweden % 88.6% 87.6% 83.0% 85.7% 86.2%
USA % 30.8% 30.6% 30.0% 30.0% 27.7%
United Kingdom % 62.0% 61.1% 61.1% 58.0% 56.2%