The external trade in goods and services as a share of gross domestic product in Ukraine decreased by 9.3 percentage points (-10.64 percent) in 2023 in comparison to the previous year. Therefore, 2023 marks the lowest external trade in goods and services as a share of gross domestic product during the observed period. Trade refers to the sum of exports and imports measured as a share of gross domestic product (GDP). It indicates the importance of international trade in the country's economy.
Trade to gross domestic product (GDP) ratio in Ukraine from 2014 to 2023
The source specified the following information: 'trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.'
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World Bank. (October 24, 2024). Trade to gross domestic product (GDP) ratio in Ukraine from 2014 to 2023 [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1297414/ukraine-trade-to-gdp-ratio/
World Bank. "Trade to gross domestic product (GDP) ratio in Ukraine from 2014 to 2023." Chart. October 24, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1297414/ukraine-trade-to-gdp-ratio/
World Bank. (2024). Trade to gross domestic product (GDP) ratio in Ukraine from 2014 to 2023. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1297414/ukraine-trade-to-gdp-ratio/
World Bank. "Trade to Gross Domestic Product (Gdp) Ratio in Ukraine from 2014 to 2023." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/1297414/ukraine-trade-to-gdp-ratio/
World Bank, Trade to gross domestic product (GDP) ratio in Ukraine from 2014 to 2023 Statista, https://www.statista.com/statistics/1297414/ukraine-trade-to-gdp-ratio/ (last visited December 23, 2024)
Trade to gross domestic product (GDP) ratio in Ukraine from 2014 to 2023 [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/1297414/ukraine-trade-to-gdp-ratio/