Bulgaria: Trade (% of GDP)
In , Bulgaria's Trade (% of GDP) was 110.23.
That's down 8.1% from 2023, the highest value since .
The global average for this indicator in 2024 was 92.19 . Bulgaria ranks #44 globally out of 160 reporting countries. Within Europe & Central Asia, it ranks #21 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
- 138.84
- Trough
- 92.69
- 1-year change
- -8.1%
- 5-year change
- -12.0%
- -2.5% / yr
- 10-year change
- -15.4%
- -1.7% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 110.2263 | |
| 119.8995 | |
| 138.8449 | |
| 121.2141 | |
| 110.4239 | |
| 125.2604 | |
| 129.1665 | |
| 129.6344 | |
| 122.8055 | |
| 126.7366 |
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 Bulgaria's Trade (% of GDP) in 2024?
- In 2024, Bulgaria's Trade (% of GDP) was 110.23, according to World Bank Open Data.
- Is Bulgaria's Trade (% of GDP) rising or falling?
- Bulgaria's Trade (% of GDP) fell 8.1% from 2023 to 2024.
- How does Bulgaria rank globally on Trade (% of GDP)?
- In 2024, Bulgaria ranked #44 out of 160 countries reporting Trade (% of GDP).
- How does Bulgaria's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so Bulgaria is above the world average. Within Europe & Central Asia, it ranks #21 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.