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Guinea-Bissau Trade (% GDP)

Guinea-Bissau's trade (% GDP) fell to 40.66% in 2024, down from 41.61% in 2023, according to World Bank. This represents a decrease of 0.95% from the previous year. Guinea-Bissau has the 20th lowest trade (% GDP). Within Africa, it ranks 41st out of 48 countries.

Yearly Historical Data (1970-2024)

(in %)
Year Trade (% GDP)
2024 40.66%
2023 41.61%
2022 46.27%
2021 45.51%
2020 43.43%
2019 50.18%
2018 55.02%
2017 56.91%
2016 54.3%
2015 54.37%
2014 46.87%
2013 39.96%
2012 44.13%
2011 48.62%
2010 43.51%
2009 43.6%
2008 45.14%
2007 46.24%
2006 48.76%
2005 45.78%
2004 43.19%
2003 38.03%
2002 39.68%
2001 47.58%
2000 52.74%
1999 49.1%
1998 43.5%
1997 69.49%
1996 42.36%
1995 46.81%
1994 50.76%
1993 41.59%
1992 55.01%
1991 47.77%
1990 46.97%
1989 55.08%
1988 63.61%
1987 50.32%
1986 37.07%
1985 67.47%
1984 64.68%
1983 38.26%
1982 49.13%
1981 46.91%
1980 54.53%
1979 48.8%
1978 43.79%
1977 41.91%
1976 33.21%
1975 31.13%
1974 44.27%
1973 46.79%
1972 39.99%
1971 38.47%
1970 34.19%
Guinea-Bissau Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Guinea-Bissau divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $244.8M $189.27M 2018
Annual Imports $165.74M $176.91M 2018
Exports (% GDP) 12.48% 13.68% 2024
FDI Inflows (% GDP) 1.21% 1.18% 2023
Imports (% GDP) 28.19% 27.93% 2024
Net Trade (Goods & Services, BoP) -$307.6M -$297.83M 2023
Tariff Rate 13.55% 13.23% 2022