Merchandise Trade (As % of GDP) rose to 131% in Lithuania in 2017

Merchandise Trade (As % of GDP) (%)
Economy | Lithuania | May 17, 2019
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Excel Sheet

Merchandise trade as a share of GDP reached 131 % in 2017 in Lithuania, according to the National Statistical Office. This is 7.34 % more than in the previous year.

Historically, merchandise trade as a share of GDP in Lithuania reached an all time high of 145 % in 2013 and an all time low of 62.9 % in 1994. When compared to Lithuania's main peers, merchandise trade as a share of GDP in Belarus amounted to 117 %, 117 % in Estonia, 101 % in Latvia and 37.5 % in Russia in 2017.

Lithuania has been ranked 12th within the group of 168 countries we follow in terms of merchandise trade as a share of GDP, 13 places above the position seen 10 years ago.

Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current US dollars.

Merchandise Trade (As % of GDP) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Belarus % 141% 141% 106% 97.4% 101%
China % 48.1% 45.2% 43.3% 41.0% 35.7%
Estonia % 147% 148% 138% 129% 119%
Finland % 59.7% 58.3% 56.3% 55.4% 51.6%
Germany % 72.6% 72.1% 70.0% 69.3% 70.3%
Japan % 27.3% 27.2% 30.0% 31.0% 29.0%
Latvia % 104% 111% 107% 103% 98.6%
Lithuania % 138% 144% 145% 137% 129%
Poland % 75.5% 76.8% 78.7% 81.4% 82.9%
Russia % 41.2% 39.1% 37.6% 39.0% 39.2%
USA % 24.1% 24.0% 23.3% 23.0% 21.0%
Ukraine % 92.6% 87.1% 77.0% 81.3% 83.1%