Bosnia and Herzegovina: Trade (% of GDP)
In , Bosnia and Herzegovina's Trade (% of GDP) was 95.16.
That's down 4.5% from 2023, the highest value since .
The global average for this indicator in 2024 was 92.19 . Bosnia and Herzegovina ranks #64 globally out of 160 reporting countries. Within Europe & Central Asia, it ranks #29 of 49.
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
- 110.21
- Trough
- 73.75
- 1-year change
- -4.5%
- 5-year change
- +0.7%
- +0.1% / yr
- 10-year change
- +5.1%
- +0.5% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 95.1563 | |
| 99.6330 | |
| 110.2053 | |
| 96.7391 | |
| 82.5216 | |
| 94.5161 | |
| 98.4321 | |
| 96.6459 | |
| 88.2440 | |
| 88.2920 |
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 Bosnia and Herzegovina's Trade (% of GDP) in 2024?
- In 2024, Bosnia and Herzegovina's Trade (% of GDP) was 95.16, according to World Bank Open Data.
- Is Bosnia and Herzegovina's Trade (% of GDP) rising or falling?
- Bosnia and Herzegovina's Trade (% of GDP) fell 4.5% from 2023 to 2024.
- How does Bosnia and Herzegovina rank globally on Trade (% of GDP)?
- In 2024, Bosnia and Herzegovina ranked #64 out of 160 countries reporting Trade (% of GDP).
- How does Bosnia and Herzegovina's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so Bosnia and Herzegovina is above the world average. Within Europe & Central Asia, it ranks #29 of 49.
- 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.