Norway - Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in Norway was 45.53 as of 2020. Its highest value over the past 60 years was 56.69 in 2008, while its lowest value was 43.45 in 1962.

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

Source: World Trade Organization, and World Bank GDP estimates.

See also:

Year Value
1960 45.38
1961 45.22
1962 43.45
1963 44.47
1964 45.75
1965 45.33
1966 45.63
1967 47.15
1968 45.71
1969 46.52
1970 48.06
1971 45.46
1972 44.10
1973 48.88
1974 54.16
1975 51.52
1976 53.06
1977 52.43
1978 48.10
1979 51.29
1980 55.04
1981 53.25
1982 52.79
1983 51.11
1984 52.81
1985 54.33
1986 48.79
1987 46.83
1988 44.80
1989 49.48
1990 51.15
1991 48.97
1992 46.79
1993 46.49
1994 48.94
1995 49.31
1996 52.14
1997 52.21
1998 50.51
1999 49.06
2000 55.15
2001 52.97
2002 48.35
2003 47.36
2004 49.55
2005 51.56
2006 53.96
2007 54.04
2008 56.69
2009 48.10
2010 48.51
2011 50.41
2012 48.73
2013 47.03
2014 46.98
2015 46.74
2016 43.52
2017 45.76
2018 47.69
2019 46.46
2020 45.53

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade