Foreign Trade (As % of GDP) rose to 131% in Bulgaria in 2017

Foreign Trade (As % of GDP) (%)
Economy | Bulgaria | June 1, 2020
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Excel Sheet

Foreign trade as a share of GDP reached 131 % in 2017 in Bulgaria, according to the National Statistical Office. This is 6.01 % more than in the previous year.

Historically, foreign trade as a share of GDP in Bulgaria reached an all time high of 131 % in 2017 and an all time low of 66.4 % in 1980. When compared to Bulgaria's main peers, foreign trade as a share of GDP in Greece amounted to 67.0 %, 85.0 % in Romania, 114 % in Serbia and 54.1 % in Turkey in 2017.

Bulgaria has been ranked 24th within the group of 165 countries we follow in terms of foreign trade as a share of GDP, 14 places above the position seen 10 years ago.

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

Foreign Trade (As % of GDP) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Albania % 81.2% 76.5% 75.9% 75.4% 71.8%
Bosnia and Herzegovina % 87.8% 87.9% 87.9% 90.7% 88.1%
Bulgaria % 118% 125% 130% 131% 128%
Croatia % 81.1% 82.6% 85.0% 88.6% 93.9%
Greece % 57.8% 61.8% 63.5% 67.1% 63.1%
Hungary % 167% 166% 164% 169% 170%
Iran % 43.2% 47.4% 50.3% 44.6% 39.0%
Iraq % 72.2% 73.5% 75.7% 78.3% 76.8%
Macedonia % 113% 112% 105% 113% 114%
Moldova % 131% 127% 124% 120% 117%
Romania % 79.9% 79.9% 80.5% 82.8% 82.7%
Serbia % 83.3% 90.5% 93.1% 97.6% 103%
Turkey % 52.7% 52.2% 50.4% 51.4% 49.3%
Ukraine % 106% 104% 95.1% 101% 108%