Ireland: Trade openness

* indicates monthly or quarterly data series
 Ireland

Trade openness: exports plus imports as percent of GDP

 Latest value 234.27
 Year 2022
 Measure percent
 Data availability 1970 - 2022
 Average 142.94
 Min - Max 67.63 - 252.50
 Source The World Bank
For that indicator, we provide data for Ireland from 1970 to 2022. The average value for Ireland during that period was 142.94 percent with a minimum of 67.63 percent in 1972 and a maximum of 252.5 percent in 2019. The latest value from 2022 is 234.27 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
Ireland - Trade openness - Recent values chart

Historical chart
Ireland - 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 87.94 2021 percent
 Trade openness 234.27 2022 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 137.09 2022 percent
 Exports, billion dollars 731.89 2023 billion U.S. dollars
 Growth of exports 13.92 2022 percent
 Imports, percent of GDP 97.18 2022 percent
 Imports, billion dollars 548.97 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP -0.36 2022 percent
 Foreign Direct Investment, billion dollars -1.90 2022 billion U.S. dollars
 Portfolio investment inflows, equities 164,236.59 2023 million dollars (current)
 Current account, percent of GDP 9.90 2023 percent
 Current account, in dollars 54.00 2023 billion U.S. dollars
 Trade balance, percent of GDP 39.91 2022 percent
 Trade balance, in dollars 182.99 2023 billion U.S. dollars
 Reserves 13.04 2022 billion U.S. dollars
 Remittances, percent of GDP 0.08 2022 percent
 Remittances 435.71 2022 million U.S. dollars
 Net errors and omissions -8,373.62 2023 million USD
 Foreign exchange reserves 11.69 9/2023 billion
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