Institutional Sign In

Go

Merchandise Trade (As % of GDP) rose 6.11% to 59.3% in Sweden in 2021

Merchandise Trade (As % of GDP) (%), 2021
Economy | Sweden | February 1, 2023
$2.99
Excel Sheet

Merchandise trade as a share of GDP rose 6.11% to 59.3% in Sweden in 2021, according to the National Statistical Office.

Historically, merchandise trade as a share of GDP in Sweden reached an all time high of 68.0% in 2008 and an all time low of 31.5% in 1967. When compared to Sweden's main peers, merchandise trade as a share of GDP in Denmark amounted to 61.8%, 56.5% in Finland, 53.5% in Norway and 44.9% in Russia in 2021.

Sweden has been ranked 83rd within the group of 165 countries we follow in terms of merchandise trade as a share of GDP, 2 places below the position seen 10 years ago.

Merchandise Trade (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
Australia % 29.3% 32.2% 34.7% 34.5% 35.4%
China % 35.7% 32.8% 33.4% 33.3% 32.1%
Denmark % 59.8% 57.8% 58.9% 59.5% 60.4%
Finland % 51.3% 49.3% 54.2% 56.0% 54.8%
Germany % 70.8% 68.9% 70.7% 71.6% 70.0%
Iceland % 57.3% 48.6% 47.9% 50.4% 47.5%
Indonesia % 34.0% 30.1% 32.1% 35.4% 30.3%
Japan % 28.6% 25.0% 27.8% 29.5% 27.8%
Netherlands % 141% 137% 147% 150% 148%
New Zealand % 39.8% 37.0% 37.8% 39.4% 38.4%
Norway % 46.7% 43.5% 45.8% 47.7% 46.5%
Papua New Guinea % 50.7% 49.4% 57.2% 58.2% 61.9%
Russia % 39.2% 37.1% 37.6% 41.8% 39.8%
Sweden % 55.1% 54.4% 56.8% 60.6% 59.9%
USA % 21.0% 19.8% 20.3% 20.8% 19.7%