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Foreign Trade (As % of GDP) rose 9.70% to 121% in Bulgaria in 2021

Foreign Trade (As % of GDP) (%), 2021
Economy | Bulgaria | February 1, 2023
$2.99
Excel Sheet

Foreign trade as a share of GDP rose 9.70% to 121% in Bulgaria in 2021, according to the National Statistical Office.

Historically, foreign trade as a share of GDP in Bulgaria reached an all time high of 130% in 2014 and an all time low of 55.3% in 1995. When compared to Bulgaria's main peers, foreign trade as a share of GDP in Greece amounted to 89.5%, 87.4% in Romania, 117% in Serbia and 70.8% in Turkey in 2021.

Bulgaria has been ranked 28th within the group of 152 countries we follow in terms of foreign trade as a share of GDP, 8 places above the position seen 10 years ago.

Foreign Trade (As % of GDP) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Albania % 71.8% 74.8% 78.2% 76.8% 76.3%
Bosnia and Herzegovina % 89.3% 89.3% 98.0% 99.9% 95.8%
Bulgaria % 127% 123% 130% 129% 125%
Croatia % 91.2% 92.6% 97.6% 99.7% 102%
Greece % 65.3% 64.0% 71.6% 80.2% 81.9%
Hungary % 167% 164% 165% 163% 161%
Iran % 39.4% 40.4% 44.7% 58.4% 50.8%
Iraq % 69.6% 54.6% 59.8% 65.8% 69.0%
Macedonia % 114% 116% 124% 133% 139%
Moldova % 89.3% 87.6% 85.6% 85.9% 85.9%
Romania % 83.5% 85.9% 87.2% 86.5% 84.5%
Serbia % 97.4% 102% 108% 109% 112%
Turkey % 51.1% 48.3% 55.8% 62.6% 62.7%
Ukraine % 108% 106% 104% 99.2% 90.5%