Institutional Sign In

Go

Foreign Trade In Services (As % of GDP) rose 3.54% to 26.1% in the European Union in 2021

Foreign Trade In Services (As % of GDP) (%), 2021
Economy | European Union | February 1, 2023
$2.99
Excel Sheet

Foreign trade in services as a share of GDP rose 3.54% to 26.1% in the European Union in 2021, according to the National Statistical Office.

Historically, foreign trade in services as a share of GDP in the European Union reached an all time high of 27.4% in 2019 and an all time low of 7.93% in 1975. When compared to European Union's main peers, foreign trade in services as a share of GDP in China amounted to 4.38%, 7.66% in Japan, 7.40% in Russia and 5.77% in USA in 2021.

European Union has been ranked th within the group of 139 countries we follow in terms of foreign trade in services as a share of GDP.

Foreign Trade In Services (As % of GDP) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Canada % 12.2% 12.6% 12.5% 13.2% 13.7%
China % 5.90% 5.79% 5.56% 5.46% 5.25%
European Union % 24.5% 24.6% 25.5% 26.0% 27.4%
Germany % 17.3% 17.6% 18.2% 18.4% 18.8%
India % 11.4% 11.2% 11.1% 12.2% 12.2%
Japan % 7.68% 7.24% 7.70% 7.89% 8.37%
Mexico % 4.74% 5.31% 5.58% 5.64% 5.62%
Russia % 10.3% 9.81% 9.30% 9.62% 9.48%
South Korea % 14.3% 13.8% 13.3% 13.7% 14.2%
USA % 6.96% 6.94% 7.12% 6.97% 6.94%