Bangladesh: Trade balance, percent of GDP

* indicates monthly or quarterly data series
 Bangladesh

Trade balance as percent of GDP

 Latest value -5.86
 Year 2024
 Measure percent
 Data availability 1960 - 2024
 Average -5.87
 Min - Max -12.89 - 0.69
 Source The World Bank
The latest value from 2024 is -5.86 percent, a decline from -4.67 percent in 2023. In comparison, the world average is -2.09 percent, based on data from 154 countries. Historically, the average for Bangladesh from 1960 to 2024 is -5.87 percent. The minimum value, -12.89 percent, was reached in 1976 while the maximum of 0.69 percent was recorded in 1960. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Bangladesh - Trade balance, percent of GDP - Recent values chart

Historical series
Bangladesh - Trade balance, percent of GDP - historical chart - 1960-2024




The trade balance for Bangladesh and other countries is calculated as the difference between the exports and imports of goods and services, as percent of GDP. A positive number means trade surplus and a negative number means trade deficit.
Definition: The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

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 Related indicators Latest Reference Measure
 Terms of trade 80.90 2023 percent
 Trade openness 26.78 2024 percent
 Financial openness -1.248 2022 index points
 Exports, percent of GDP 10.46 2024 percent
 Exports, billion dollars 47.09 2024 billion U.S. dollars
 Growth of exports -17.13 2024 percent
 Imports, percent of GDP 16.32 2024 percent
 Imports, billion dollars 73.45 2024 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 0.28 2024 percent
 Foreign Direct Investment, billion dollars 1.51 2024 billion U.S. dollars
 Portfolio investment inflows, equities -56.05 2024 million dollars (current)
 Current account, percent of GDP -0.67 2024 percent
 Current account, in dollars 1.87 2024 billion U.S. dollars
 Trade balance, percent of GDP -5.86 2024 percent
 Reserves 21.39 2024 billion U.S. dollars
 Remittances, percent of GDP 5.26 2023 percent
 Remittances 27,122.36 2024 million U.S. dollars
 Net errors and omissions -3,361.67 2024 million USD
 External debt 23.54 2024 percent
 Short-term external debt 13.29 2024 percent
 Short-term debt to reserves 65.86 2024 percent
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