Flag of bg

Bulgaria Trade (% GDP)

Bulgaria's trade (% GDP) fell to 109.29% in 2024, down from 119.67% in 2023, according to World Bank. This represents a decrease of 10.38% from the previous year. Bulgaria has trade (% GDP) higher than the global median (109.29% vs median 84.49%). Compared with the median in Europe, Bulgaria is lower (109.29% vs regional median 111.00%) and ranks 24th out of 44 countries in Europe.

Yearly Historical Data (1980-2024)

(in %)
Year Trade (% GDP)
2024 109.29%
2023 119.67%
2022 138.84%
2021 121.16%
2020 110.32%
2019 125.03%
2018 128.87%
2017 129.63%
2016 122.81%
2015 126.74%
2014 130.25%
2013 129.69%
2012 123.97%
2011 117.42%
2010 103.38%
2009 92.69%
2008 124.69%
2007 123.53%
2006 111.05%
2005 99.71%
2004 93.06%
2003 79.01%
2002 75.27%
2001 79.08%
2000 77.75%
1999 90.07%
1998 77.05%
1997 86.46%
1996 85.82%
1995 55.26%
1994 90.72%
1993 84.04%
1992 100.05%
1991 82.68%
1990 69.85%
1989 94.58%
1988 91.46%
1987 83.41%
1986 83.5%
1985 86%
1984 78.38%
1983 74.09%
1982 67.5%
1981 70.16%
1980 66.4%
Bulgaria Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Bulgaria divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $46.65B $47.9B 2024
Annual Imports $53.81B $53.53B 2024
Exports (% GDP) 55.81% 61.89% 2024
FDI Inflows (% GDP) 3.12% 5.45% 2024
Imports (% GDP) 53.48% 57.78% 2024
Net Trade (Goods & Services, BoP) $2.63B $4.26B 2024
Tariff Rate 1.95% 2.24% 2022