Trade (% of GDP)
From 1990 to 2021, Malta consistently led the Mediterranean countries in trade as a percentage of GDP, reaching 287.7% in 2021.
Cyprus followed in second place with 170% of its GDP. In contrast, Egypt had the lowest trade percentage among Mediterranean countries at around 31%.
Note: Analysis produced by Alma Economics, based on the most recent available World Bank data. Some indicators reflect pre-pandemic trends. Data gaps identified highlight the need to systematically collect quality data to inform decision-making.
External balance on goods and services (% of GDP)
The external balance on goods and services indicates a country's net exports. In 2021, Algeria, Spain, Italy, Cyprus, Israel, Slovenia, and Malta achieved positive external balances, varying from 0.2% in Algeria to 14% in Malta (% of GDP). The remaining Mediterranean countries had negative external balances on goods and services as a percentage of their GDP.
Note: Analysis produced by Alma Economics, based on the most recent available World Bank data. Some indicators reflect pre-pandemic trends. Data gaps identified highlight the need to systematically collect quality data to inform decision-making.
