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Guinea Trade (% GDP)

Guinea's trade (% GDP) rose to 100.09% in 2024, up from 95.83% in 2023, according to World Bank. This represents an increase of 4.26% from the previous year. Guinea has trade (% GDP) higher than the global median (100.09% vs median 84.49%). Compared with the median in Africa, Guinea is higher (100.09% vs regional median 62.95%) and ranks 9th out of 48 countries in Africa.

Yearly Historical Data (1986-2024)

(in %)
Year Trade (% GDP)
2024 100.09%
2023 95.83%
2022 94.17%
2021 115.2%
2020 115.77%
2019 78.42%
2018 88.98%
2017 101.25%
2016 111.84%
2015 72.44%
2014 76.77%
2013 80.43%
2012 86.67%
2011 85.95%
2010 73.55%
2009 69.82%
2008 64.18%
2007 71.12%
2006 69.39%
2005 47.94%
2004 34.6%
2003 35.08%
2002 38.03%
2001 40.19%
2000 36.68%
1999 32.7%
1998 33.06%
1997 29.09%
1996 29.86%
1995 31.3%
1994 33.34%
1993 37.45%
1992 34.94%
1991 41.78%
1990 44.25%
1989 41.75%
1988 39.74%
1987 42.75%
1986 40.58%
Guinea Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Guinea divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $2.39B $1.57B 2016
Annual Imports $3.46B $2.14B 2016
Exports (% GDP) 44.04% 44.13% 2024
FDI Inflows (% GDP) 5.84% 3.31% 2023
Imports (% GDP) 56.06% 51.7% 2024
Net Trade (Goods & Services, BoP) $3.64B $3.15B 2023
Tariff Rate 12.9% 13.14% 2022