GM ECONOMY · INDICATOR PROFILE
Trade Openness
Trade in goods and services as a percentage of GDP.
Country coverage110 / 11496% of active countries
Time coverage1960–20255303 observations
Common ranking year2024102 countries · 93%
Data qualityGood55 median observations / country
Minimum · 202417.40%
Median · 202483.61%
Maximum · 2024359.39%
Data quality
Recency and time-series depthGood101latest within 1 year of the series maximum and at least 10 observations
Adequate4latest within 3 years and at least 5 observations
Limited5older or comparatively short series
Indicator metadata
Definition and machine-readable identifiersCountry ranking · 2024
102 comparable countries| Rank | Country | 2024 value | Latest year | Latest value | Observations | Coverage |
|---|---|---|---|---|---|---|
| 1 | Hong Kong | 359.39% | 2025 | 396.65% | 65 | 1961–2025 |
| 2 | Luxembourg | 351.27% | 2025 | 349.89% | 56 | 1970–2025 |
| 3 | Singapore | 313.30% | 2025 | 320.31% | 66 | 1960–2025 |
| 4 | Ireland | 246.17% | 2025 | 239.96% | 56 | 1970–2025 |
| 5 | Cyprus | 190.40% | 2025 | 189.50% | 51 | 1975–2025 |
| 6 | Vietnam | 173.89% | 2025 | 190.34% | 40 | 1986–2025 |
| 7 | Slovakia | 171.21% | 2025 | 170.34% | 36 | 1990–2025 |
| 8 | Nauru | 160.55% | 2025 | 165.44% | 18 | 2008–2025 |
| 9 | Belgium | 159.02% | 2025 | 152.92% | 56 | 1970–2025 |
| 10 | Bahrain | 157.48% | 2024 | 157.48% | 45 | 1980–2024 |
| 11 | Maldives | 156.47% | 2024 | 156.47% | 11 | 2014–2024 |
| 12 | Slovenia | 155.66% | 2025 | 151.92% | 36 | 1990–2025 |
| 13 | Netherlands | 153.96% | 2025 | 150.12% | 57 | 1969–2025 |
| 14 | Estonia | 151.04% | 2025 | 155.76% | 33 | 1993–2025 |
| 15 | Armenia | 150.06% | 2025 | 101.71% | 36 | 1990–2025 |
| 16 | Hungary | 147.93% | 2025 | 140.78% | 35 | 1991–2025 |
| 17 | Cambodia | 143.45% | 2025 | 136.09% | 33 | 1993–2025 |
| 18 | Lithuania | 142.42% | 2025 | 142.11% | 31 | 1995–2025 |
| 19 | Macao | 142.08% | 2025 | 139.14% | 44 | 1982–2025 |
| 20 | Mongolia | 138.45% | 2025 | 130.71% | 45 | 1981–2025 |
| 21 | Malaysia | 137.36% | 2025 | 136.40% | 66 | 1960–2025 |
| 22 | Thailand | 135.72% | 2025 | 138.41% | 66 | 1960–2025 |
| 23 | Brunei | 132.59% | 2025 | 123.61% | 47 | 1974–2025 |
| 24 | Denmark | 131.77% | 2025 | 129.22% | 60 | 1966–2025 |
| 25 | Czech Republic | 131.47% | 2025 | 128.04% | 36 | 1990–2025 |
| 26 | Latvia | 131.31% | 2025 | 129.72% | 31 | 1995–2025 |
| 27 | Switzerland | 130.35% | 2025 | 147.16% | 56 | 1970–2025 |
| 28 | Kyrgyzstan | 130.10% | 2025 | 92.41% | 36 | 1990–2025 |
| 29 | Fiji | 118.96% | 2024 | 118.96% | 45 | 1980–2024 |
| 30 | Marshall Islands | 118.25% | 2025 | 115.91% | 31 | 1995–2025 |
| 31 | Oman | 114.85% | 2024 | 114.85% | 57 | 1967–2024 |
| 32 | Serbia | 111.73% | 2025 | 112.92% | 31 | 1995–2025 |
| 33 | Solomon Islands | 111.35% | 2024 | 111.35% | 45 | 1980–2024 |
| 34 | Bulgaria | 110.23% | 2025 | 102.51% | 46 | 1980–2025 |
| 35 | Austria | 108.83% | 2025 | 107.02% | 56 | 1970–2025 |
| 36 | Tunisia | 106.30% | 2025 | 101.45% | 61 | 1965–2025 |
| 37 | Sweden | 105.97% | 2025 | 104.34% | 66 | 1960–2025 |
| 38 | Palau | 105.81% | 2024 | 105.81% | 20 | 2005–2024 |
| 39 | Croatia | 104.91% | 2025 | 100.99% | 31 | 1995–2025 |
| 40 | Georgia | 103.46% | 2025 | 100.63% | 39 | 1987–2025 |
| 41 | Kiribati | 102.11% | 2024 | 102.11% | 53 | 1972–2024 |
| 42 | Poland | 100.36% | 2025 | 97.03% | 31 | 1995–2025 |
| 43 | Micronesia | 96.44% | 2025 | 93.07% | 32 | 1983–2025 |
| 44 | Timor-Leste | 95.45% | 2024 | 95.45% | 25 | 2000–2024 |
| 45 | Kuwait | 93.99% | 2024 | 93.99% | 60 | 1965–2024 |
| 46 | Morocco | 92.19% | 2025 | 93.10% | 66 | 1960–2025 |
| 47 | Greece | 89.78% | 2025 | 83.45% | 66 | 1960–2025 |
| 48 | Portugal | 89.66% | 2025 | 86.40% | 56 | 1970–2025 |
| 49 | Iceland | 86.18% | 2025 | 82.49% | 56 | 1970–2025 |
| 50 | South Korea | 84.64% | 2025 | 86.36% | 66 | 1960–2025 |
| 51 | Afghanistan | 83.76% | 2024 | 83.76% | 5 | 2020–2024 |
| 52 | Finland | 83.45% | 2025 | 83.40% | 56 | 1970–2025 |
| 53 | Azerbaijan | 82.57% | 2025 | 79.83% | 36 | 1990–2025 |
| 54 | Lebanon | 82.23% | 2024 | 82.23% | 36 | 1989–2024 |
| 55 | Ukraine | 79.69% | 2025 | 77.18% | 37 | 1989–2025 |
| 56 | Norway | 79.58% | 2025 | 79.05% | 56 | 1970–2025 |
| 57 | Samoa | 79.52% | 2025 | 70.63% | 24 | 2002–2025 |
| 58 | Bhutan | 79.36% | 2024 | 79.36% | 45 | 1980–2024 |
| 59 | Germany | 79.09% | 2025 | 78.51% | 56 | 1970–2025 |
| 60 | Tonga | 77.58% | 2024 | 77.58% | 50 | 1975–2024 |
| 61 | Romania | 77.21% | 2025 | 76.21% | 36 | 1990–2025 |
| 62 | Iraq | 77.14% | 2024 | 77.14% | 55 | 1970–2024 |
| 63 | Mexico | 75.43% | 2025 | 79.92% | 66 | 1960–2025 |
| 64 | West Bank and Gaza | 74.59% | 2025 | 74.76% | 32 | 1994–2025 |
| 65 | Vanuatu | 73.38% | 2024 | 73.38% | 45 | 1980–2024 |
| 66 | Spain | 69.95% | 2025 | 69.45% | 56 | 1970–2025 |
| 67 | Ghana | 68.97% | 2024 | 68.97% | 65 | 1960–2024 |
| 68 | France | 68.11% | 2025 | 67.19% | 66 | 1960–2025 |
| 69 | Philippines | 65.86% | 2025 | 66.79% | 45 | 1981–2025 |
| 70 | Canada | 65.12% | 2025 | 63.51% | 65 | 1961–2025 |
| 71 | Chile | 63.96% | 2025 | 64.98% | 66 | 1960–2025 |
| 72 | United Kingdom | 62.84% | 2025 | 62.46% | 56 | 1970–2025 |
| 73 | Italy | 62.59% | 2025 | 62.52% | 56 | 1970–2025 |
| 74 | South Africa | 61.65% | 2025 | 60.91% | 66 | 1960–2025 |
| 75 | Tajikistan | 59.09% | 2024 | 59.09% | 32 | 1993–2024 |
| 76 | Uzbekistan | 57.53% | 2025 | 57.40% | 29 | 1997–2025 |
| 77 | Kazakhstan | 57.16% | 2024 | 57.16% | 33 | 1992–2024 |
| 78 | Saudi Arabia | 56.40% | 2025 | 57.92% | 58 | 1968–2025 |
| 79 | Turkey | 54.60% | 2025 | 49.93% | 66 | 1960–2025 |
| 80 | Israel | 54.38% | 2025 | 52.99% | 56 | 1970–2025 |
| 81 | Iran | 52.06% | 2025 | 60.24% | 66 | 1960–2025 |
| 82 | Peru | 51.68% | 2025 | 51.82% | 66 | 1960–2025 |
| 83 | New Zealand | 50.66% | 2024 | 50.66% | 55 | 1970–2024 |
| 84 | Australia | 47.15% | 2025 | 45.90% | 66 | 1960–2025 |
| 85 | India | 45.92% | 2025 | 46.27% | 66 | 1960–2025 |
| 86 | Japan | 44.85% | 2024 | 44.85% | 55 | 1970–2024 |
| 87 | Indonesia | 42.81% | 2025 | 43.39% | 66 | 1960–2025 |
| 88 | Sri Lanka | 42.12% | 2025 | 41.81% | 61 | 1960–2025 |
| 89 | Nepal | 40.17% | 2025 | 42.55% | 61 | 1965–2025 |
| 90 | Algeria | 40.13% | 2025 | 38.98% | 66 | 1960–2025 |
| 91 | Kenya | 40.01% | 2025 | 37.52% | 66 | 1960–2025 |
| 92 | Egypt | 39.60% | 2025 | 51.33% | 66 | 1960–2025 |
| 93 | Russia | 39.42% | 2025 | 33.71% | 37 | 1989–2025 |
| 94 | China | 37.96% | 2025 | 37.96% | 66 | 1960–2025 |
| 95 | Colombia | 36.32% | 2025 | 35.37% | 66 | 1960–2025 |
| 96 | Brazil | 35.58% | 2025 | 35.29% | 66 | 1960–2025 |
| 97 | Turkmenistan | 28.73% | 2025 | 28.17% | 35 | 1991–2025 |
| 98 | Argentina | 27.93% | 2025 | 30.36% | 66 | 1960–2025 |
| 99 | Pakistan | 27.57% | 2025 | 27.19% | 66 | 1960–2025 |
| 100 | Bangladesh | 26.78% | 2025 | 27.95% | 66 | 1960–2025 |
| 101 | United States | 25.02% | 2024 | 25.02% | 55 | 1970–2024 |
| 102 | Ethiopia | 17.40% | 2025 | 33.46% | 15 | 2011–2025 |
The ranking uses a single common year rather than mixing each country’s latest observation. GM Economy selects the most recent year with data for at least 75% of countries covered by this indicator; if no year reaches that threshold, the year with the broadest coverage is used. Values are ordered from highest to lowest. This is a descriptive data ranking, not an assessment of whether a higher or lower value is preferable.