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Bosnia & Herzegovina Trade (% GDP)

Bosnia & Herzegovina's trade (% GDP) rose to 99.97% in 2024, up from 99.62% in 2023, according to World Bank. This represents an increase of 0.35% from the previous year. Bosnia & Herzegovina has trade (% GDP) higher than the global median (99.97% vs median 84.49%). Compared with the median in Europe, Bosnia & Herzegovina is lower (99.97% vs regional median 111.00%) and ranks 28th out of 44 countries in Europe.

Yearly Historical Data (1994-2024)

(in %)
Year Trade (% GDP)
2024 99.97%
2023 99.62%
2022 110.21%
2021 96.49%
2020 82.11%
2019 94.52%
2018 98.43%
2017 96.65%
2016 88.24%
2015 88.29%
2014 90.55%
2013 87.93%
2012 88.15%
2011 87.84%
2010 80.97%
2009 73.75%
2008 86.16%
2007 83.55%
2006 79.83%
2005 84.36%
2004 81.81%
2003 80.57%
2002 78.73%
2001 86.04%
2000 85.36%
1999 121.82%
1998 125.67%
1997 100.63%
1996 107.5%
1995 91.88%
1994 101.85%
Bosnia & Herzegovina Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Bosnia & Herzegovina divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $8.89B $9.23B 2024
Annual Imports $15.85B $15.35B 2024
Exports (% GDP) 42.82% 43.93% 2024
FDI Inflows (% GDP) 3.98% 3.75% 2024
Imports (% GDP) 57.15% 55.69% 2024
Net Trade (Goods & Services, BoP) -$4.06B -$3.24B 2024
Tariff Rate 3.39% 3.16% 2022