Guinea-Bissau vs Palau: Net trade in goods
Guinea-Bissau
-184.10 million BoP, current US$
in 2024
Palau
-162.42 million BoP, current US$
in 2023
Guinea-Bissau rank
79th
Palau rank
77th
Net trade in goods over time
- Guinea-Bissau
- Palau
How they compare
Palau currently reports -162.42 million BoP, current US$ against -184.10 million BoP, current US$ in Guinea-Bissau, a difference of 21.68 million BoP, current US$.
The two have swapped places 1 time across 19 shared years of data; in 2005 it was Guinea-Bissau ahead.
Guinea-Bissau ranks 79th and Palau ranks 77th of 199 countries.
Guinea-Bissau has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Guinea-Bissau | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -56.28 million BoP, current US$ | -99.20 million BoP, current US$ | 42.91 million BoP, current US$ | Guinea-Bissau |
| 2010s | -10.05 million BoP, current US$ | -131.29 million BoP, current US$ | 121.24 million BoP, current US$ | Guinea-Bissau |
| 2020s | -115.01 million BoP, current US$ | -148.92 million BoP, current US$ | 33.90 million BoP, current US$ | Guinea-Bissau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net trade in goods, Guinea-Bissau or Palau?
- Palau, at -162.42 million BoP, current US$ against -184.10 million BoP, current US$ in Guinea-Bissau as of 2023.
- What is the difference in net trade in goods between Guinea-Bissau and Palau?
- 21.68 million BoP, current US$, with Palau ahead.
- How many years of comparable data are there for Guinea-Bissau and Palau?
- 19 years are reported by both, from 2005 to 2023.
- How do Guinea-Bissau and Palau rank globally for net trade in goods?
- Guinea-Bissau ranks 79th and Palau ranks 77th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net trade in goods (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.