Bosnia and Herzegovina: Trade openness

* indicates monthly or quarterly data series
 Bosnia and Herzegovina

Trade openness: exports plus imports as percent of GDP

 Latest value 99.90
 Year 2023
 Measure percent
 Data availability 1994 - 2023
 Average 91.99
 Min - Max 73.75 - 125.67
 Source The World Bank
The latest value from 2023 is 99.9 percent, a decline from 110.21 percent in 2022. In comparison, the world average is 95.00 percent, based on data from 154 countries. Historically, the average for Bosnia and Herzegovina from 1994 to 2023 is 91.99 percent. The minimum value, 73.75 percent, was reached in 2009 while the maximum of 125.67 percent was recorded in 1998. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Bosnia and Herzegovina - Trade openness - Recent values chart

Historical series
Bosnia and Herzegovina - Trade openness - historical chart - 1994-2023




Definition: Exports plus imports as percent of GDP.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

All articles



 Related indicators Latest Reference Measure
 Terms of trade 111.70 2021 percent
 Trade openness 99.90 2023 percent
 Financial openness -1.242 2021 index points
 Exports, percent of GDP 44.13 2023 percent
 Exports, billion dollars 12.12 2023 billion U.S. dollars
 Growth of exports -3.20 2023 percent
 Imports, percent of GDP 56.90 2023 percent
 Imports, billion dollars 15.37 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 3.49 2023 percent
 Foreign Direct Investment, billion dollars 1.04 2023 billion U.S. dollars
 Portfolio investment inflows, equities -1.46 2023 million dollars (current)
 Current account, percent of GDP -3.51 2019 percent
 Current account, in dollars -0.64 2023 billion U.S. dollars
 Trade balance, percent of GDP -12.77 2023 percent
 Trade balance, in dollars -3.24 2023 billion U.S. dollars
 Reserves 9.20 2023 billion U.S. dollars
 Remittances, percent of GDP 10.53 2023 percent
 Remittances 2,850.00 2023 million U.S. dollars
 Net errors and omissions 232.65 2023 million USD
 External debt 53.05 2022 percent
 Short-term external debt 20.63 2023 percent
 Short-term debt to reserves 31.41 2023 percent
 Foreign exchange reserves 17.04 10/2024 billion
This site uses cookies.
Learn more here


OK