Merchandise trade as a proportion of GDP (%) in Bangladesh
Bangladesh: Merchandise trade as a proportion of GDP (%) was 25.6% in 2024. ▼ Falling
Latest (2024)
25.6%
Change on year
up 0.7%
World rank
203rd
of 220 countries
All-time high
47.2%
in 2011
All-time low
23.1%
in 2020
Years of data
25
2000–2024
Merchandise trade as a proportion of GDP in Bangladesh, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Bangladesh recorded 25.6% for merchandise trade as a proportion of gdp in 2024.
The figure is up 0.7% on the previous year and down 38.2% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Bangladesh peaked at 47.2% in 2011 and was at its lowest, 23.1%, in 2020.
That places Bangladesh 203rd out of 220 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Merchandise trade as a proportion of GDP (%) in Bangladesh, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 28.6% | — |
| 2001 | 28.0% | -2.3% |
| 2002 | 26.9% | -3.7% |
| 2003 | 29.0% | +7.5% |
| 2004 | 31.2% | +7.9% |
| 2005 | 33.4% | +6.8% |
| 2006 | 38.8% | +16.2% |
| 2007 | 39.0% | +0.6% |
| 2008 | 42.8% | +9.8% |
| 2009 | 36.0% | -15.9% |
| 2010 | 40.8% | +13.2% |
| 2011 | 47.2% | +15.6% |
| 2012 | 44.5% | -5.7% |
| 2013 | 44.1% | -0.8% |
| 2014 | 41.4% | -6.3% |
| 2015 | 38.1% | -7.8% |
| 2016 | 30.0% | -21.2% |
| 2017 | 30.2% | +0.5% |
| 2018 | 31.0% | +2.8% |
| 2019 | 28.0% | -9.7% |
| 2020 | 23.1% | -17.6% |
| 2021 | 29.9% | +29.6% |
| 2022 | 30.3% | +1.3% |
| 2023 | 25.4% | -16.3% |
| 2024 | 25.6% | +0.7% |
Bangladesh compared with similar countries
- Bangladesh's 25.6% is below the median for lower middle income countries, which is 56.4%, 45% of the median. (43 countries reporting)
- Bangladesh's 25.6% is below the median for South Asia, which is 31.9%, 80% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 33.4% | 26.9% | 42.8% | 10 |
| 2010s | 37.5% | 28.0% | 47.2% | 10 |
| 2020s | 26.9% | 23.1% | 30.3% | 5 |
Countries ranked near Bangladesh
- 200 Cameroon 26.5% compare
- 201 Turks and Caicos Islands 26.1% compare
- 202 Cayman Islands 26.1% compare
- 204 Caribbean 25.4% compare
- 205 Venezuela (Bolivarian Republic of) 24.4% compare
- 206 Yemen 24.0% compare
More economy & growth data for Bangladesh
- Real gdp growth, annual growth rate -17.36 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 6.09 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 7 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -0.8666 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0052 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 13.63 units per person (2025)
- SDRs holdings, SDR, annual growth rate -5.6 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0038 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 9.95 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 23.47 % change on previous year (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Bangladesh?
- Merchandise trade as a proportion of gdp in Bangladesh was 25.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Bangladesh?
- The highest recorded value was 47.2% in 2011.
- What is the lowest merchandise trade as a proportion of gdp recorded in Bangladesh?
- The lowest recorded value was 23.1% in 2020.
- How does Bangladesh rank for merchandise trade as a proportion of gdp?
- Bangladesh ranks 203rd out of 220 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Bangladesh?
- Over the last ten years it is down 38.2%. The long-run trend across the full record is falling.
- Where does this Bangladesh data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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