Ghana vs Guinea-Bissau: Wholesale and retail trade, value added
Wholesale and retail trade, value added over time
- Ghana
- Guinea-Bissau
How they compare
Ghana currently reports 6.48 billion current LCU against 2.83 billion current LCU in Guinea-Bissau, a difference of 3.65 billion current LCU.
That makes Ghana's figure about 2.3 times Guinea-Bissau's.
Across all 7 years both countries report, Guinea-Bissau has been ahead every year.
Ghana ranks 40th and Guinea-Bissau ranks 42nd of 46 countries.
Guinea-Bissau has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Ghana | Guinea-Bissau | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 269,117 current LCU | 714.27 million current LCU | 714.00 million current LCU | Guinea-Bissau |
| 1980s | 2.31 million current LCU | 1.54 billion current LCU | 1.54 billion current LCU | Guinea-Bissau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher wholesale and retail trade, value added, Ghana or Guinea-Bissau?
- Ghana, at 6.48 billion current LCU against 2.83 billion current LCU in Guinea-Bissau as of 2011.
- What is the difference in wholesale and retail trade, value added between Ghana and Guinea-Bissau?
- 3.65 billion current LCU, with Ghana ahead.
- How many years of comparable data are there for Ghana and Guinea-Bissau?
- 7 years are reported by both, from 1977 to 1983.
- How do Ghana and Guinea-Bissau rank globally for wholesale and retail trade, value added?
- Ghana ranks 40th and Guinea-Bissau ranks 42nd of 46 countries.
- Where does this data come from?
- World Bank national accounts data, and OECD National Accounts data files, published as Wholesale and retail trade, value added (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Value added in trade is defined as the value of output of the trade industry less the value of intermediate consumption (intermediate inputs). Trade is a subset of services, comprising wholesale and retail trade, and hotel and restaurants (ISIC 50-55). Data are in current local currency.