Merchandise Trade (As % of GDP) rose to 93.3% in Bosnia and Herzegovina in 2017

Merchandise Trade (As % of GDP) (%)
Economy | Bosnia and Herzegovina | May 17, 2019
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Merchandise trade as a share of GDP reached 93.3 % in 2017 in Bosnia and Herzegovina, according to the National Statistical Office. This is 9.1 % more than in the previous year.

Historically, merchandise trade as a share of GDP in Bosnia and Herzegovina reached an all time high of 93.3 % in 2017 and an all time low of 66.1 % in 1995. When compared to Bosnia and Herzegovina's main peers, merchandise trade as a share of GDP in Croatia amounted to 74.1 %, 49.4 % in Italy, 62.6 % in Montenegro and 94.0 % in Serbia in 2017.

Bosnia and Herzegovina has been ranked 25th within the group of 168 countries we follow in terms of merchandise trade as a share of GDP, 18 places above the position seen 10 years ago.

Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current US dollars.

Merchandise Trade (As % of GDP) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Albania % 57.0% 55.6% 56.6% 57.9% 54.9%
Austria % 85.6% 84.3% 83.3% 81.5% 80.9%
Bosnia and Herzegovina % 90.6% 88.1% 87.9% 91.0% 86.9%
Croatia % 57.7% 58.7% 59.6% 63.5% 67.7%
France % 46.0% 46.3% 44.9% 44.2% 44.2%
Hungary % 153% 155% 154% 154% 155%
Italy % 47.5% 47.8% 46.8% 46.7% 47.4%
Montenegro % 69.9% 68.6% 63.9% 61.2% 59.0%
Romania % 76.1% 74.8% 73.0% 73.9% 73.3%
Serbia % 68.1% 74.0% 77.2% 80.2% 84.1%
Slovenia % 137% 138% 140% 140% 143%
Switzerland % 63.3% 91.1% 98.7% 82.8% 79.9%