Bangladesh: Trade (% of GDP)
In , Bangladesh's Trade (% of GDP) was 26.78.
That's down 13.6% from 2023, the highest value since .
The global average for this indicator in 2024 was 92.19 . Bangladesh ranks #155 globally out of 160 reporting countries. Within South Asia, it ranks #5 of 5.
Source: World Bank Open Data (NE.TRD.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 48.11
- Trough
- 26.27
- 1-year change
- -13.6%
- 5-year change
- -15.2%
- -3.2% / yr
- 10-year change
- -39.8%
- -5.0% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 26.7781 | |
| 30.9830 | |
| 33.7800 | |
| 27.7240 | |
| 26.2714 | |
| 31.5781 | |
| 32.5146 | |
| 29.9997 | |
| 31.3342 | |
| 42.0860 |
About Trade (% of GDP)
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.TRD.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Bangladesh's Trade (% of GDP) in 2024?
- In 2024, Bangladesh's Trade (% of GDP) was 26.78, according to World Bank Open Data.
- Is Bangladesh's Trade (% of GDP) rising or falling?
- Bangladesh's Trade (% of GDP) fell 13.6% from 2023 to 2024.
- How does Bangladesh rank globally on Trade (% of GDP)?
- In 2024, Bangladesh ranked #155 out of 160 countries reporting Trade (% of GDP).
- How does Bangladesh's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so Bangladesh is below the world average. Within South Asia, it ranks #5 of 5.
- What is Trade (% of GDP) and how is it measured?
- Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.TRD.GNFS.ZS), CC BY 4.0.