Foreign Trade (As % of GDP) in United Kingdom

Foreign trade as a share of GDP reached 61.4 % in 2017 in United Kingdom, according to the National Statistical Office. This is 5.68 % more than in the previous year.

Historically, foreign trade as a share of GDP in United Kingdom reached an all time high of 62.0 % in 2011 and an all time low of 37.7 % in 1966. When compared to United Kingdom's main peers, foreign trade as a share of GDP in Belgium amounted to 170 %, 62.9 % in France, 86.5 % in Germany and 209 % in Ireland in 2017.

United Kingdom has been ranked 112th within the group of 165 countries we follow in terms of foreign trade as a share of GDP, 31 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.


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