Germany: Trade openness

* indicates monthly or quarterly data series
 Germany

Trade openness: exports plus imports as percent of GDP

 Latest value 99.88
 Year 2022
 Measure percent
 Data availability 1970 - 2022
 Average 58.03
 Min - Max 30.73 - 99.88
 Source The World Bank
For that indicator, we provide data for Germany from 1970 to 2022. The average value for Germany during that period was 58.03 percent with a minimum of 30.73 percent in 1972 and a maximum of 99.88 percent in 2022. The latest value from 2022 is 99.88 percent. For comparison, the world average in 2022 based on 157 countries is 100.30 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Germany - Trade openness - Recent values chart

Historical chart
Germany - Trade openness - historical chart - 1970-2022




Definition: Exports plus imports as percent of GDP.

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 Related indicators Latest value Reference Measure
 Terms of trade 98.83 2021 percent
 Trade openness 99.88 2022 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 50.92 2022 percent
 Exports, billion dollars 2,100.38 2023 billion U.S. dollars
 Growth of exports 3.31 2022 percent
 Imports, percent of GDP 48.96 2022 percent
 Imports, billion dollars 1,914.92 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 1.16 2022 percent
 Foreign Direct Investment, billion dollars 62.73 2022 billion U.S. dollars
 Portfolio investment inflows, equities -16,226.62 2023 million dollars (current)
 Current account, percent of GDP 5.90 2023 percent
 Current account, in dollars 262.72 2023 billion U.S. dollars
 Trade balance, percent of GDP 1.97 2022 percent
 Trade balance, in dollars 177.07 2023 billion U.S. dollars
 Reserves 293.91 2022 billion U.S. dollars
 Remittances, percent of GDP 0.47 2022 percent
 Remittances 19,288.42 2022 million U.S. dollars
 Net errors and omissions 17,326.31 2023 million USD
 Foreign exchange reserves 282.49 9/2023 billion
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