External balance on goods and services as a percent of gdp in Guinea-Bissau
Guinea-Bissau: External balance on goods and services as a percent of gdp was -13.15 in 2025. ▲ Rising
External balance on goods and services as a percent of gdp in Guinea-Bissau, 1970–2025
Source: Our World in Data.
Analysis
The most recent figure for external balance on goods and services as a percent of gdp in Guinea-Bissau is -13.15, measured in 2025.
The figure is up 12.2% on the previous year and down 207.4% over ten years.
Over the whole period, external balance on goods and services as a percent of gdp in Guinea-Bissau peaked at -3.84 in 2017 and was at its lowest, -59.68, in 1997.
Guinea-Bissau ranks 141st of 191 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
External balance on goods and services as a percent of gdp in Guinea-Bissau, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | -26.19 | — |
| 1971 | -30.15 | +15.1% |
| 1972 | -31.27 | +3.7% |
| 1973 | -34.67 | +10.8% |
| 1974 | -34.23 | -1.3% |
| 1975 | -20.76 | -39.3% |
| 1976 | -22.66 | +9.2% |
| 1977 | -23.3 | +2.8% |
| 1978 | -28.32 | +21.5% |
| 1979 | -34.25 | +21.0% |
| 1980 | -29.15 | -14.9% |
| 1981 | -24.53 | -15.9% |
| 1982 | -33.45 | +36.4% |
| 1983 | -26.24 | -21.5% |
| 1984 | -37.88 | +44.3% |
| 1985 | -47.95 | +26.6% |
| 1986 | -26.6 | -44.5% |
| 1987 | -27.59 | +3.7% |
| 1988 | -38.73 | +40.4% |
| 1989 | -37.3 | -3.7% |
| 1990 | -27.1 | -27.3% |
| 1991 | -27.81 | +2.6% |
| 1992 | -45.21 | +62.6% |
| 1993 | -23.85 | -47.3% |
| 1994 | -17.86 | -25.1% |
| 1995 | -23.48 | +31.5% |
| 1996 | -21.31 | -9.2% |
| 1997 | -59.68 | +180.1% |
| 1998 | -35.29 | -40.9% |
| 1999 | -32.44 | -8.1% |
| 2000 | -26.55 | -18.2% |
| 2001 | -27.42 | +3.3% |
| 2002 | -16.76 | -38.9% |
| 2003 | -14.17 | -15.5% |
| 2004 | -17.33 | +22.3% |
| 2005 | -18.66 | +7.7% |
| 2006 | -28.01 | +50.1% |
| 2007 | -24 | -14.3% |
| 2008 | -21.61 | -10.0% |
| 2009 | -21.34 | -1.2% |
| 2010 | -18.24 | -14.5% |
| 2011 | -10.02 | -45.0% |
| 2012 | -15.89 | +58.6% |
| 2013 | -13.53 | -14.9% |
| 2014 | -13.48 | -0.3% |
| 2015 | -4.28 | -68.3% |
| 2016 | -6.75 | +57.9% |
| 2017 | -3.84 | -43.0% |
| 2018 | -4.07 | +5.7% |
| 2019 | -13.38 | +229.1% |
| 2020 | -11.95 | -10.7% |
| 2021 | -9.74 | -18.5% |
| 2022 | -16.49 | +69.4% |
| 2023 | -14.95 | -9.3% |
| 2024 | -14.98 | +0.2% |
| 2025 | -13.15 | -12.2% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's -13.15 is below the median for low income countries, which is -11.33, 1.2× the median. (22 countries reporting)
- Guinea-Bissau's -13.15 is below the median for Sub-Saharan Africa, which is -6.89, 1.9× the median. (45 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services as a percent of gdp in Guinea-Bissau changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | -229.1% | -4.07 | -13.38 |
| 1997 | -180.1% | -21.31 | -59.68 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -28.58 | -34.67 | -20.76 | 10 |
| 1980s | -32.94 | -47.95 | -24.53 | 10 |
| 1990s | -31.4 | -59.68 | -17.86 | 10 |
| 2000s | -21.58 | -28.01 | -14.17 | 10 |
| 2010s | -10.35 | -18.24 | -3.84 | 10 |
| 2020s | -13.54 | -16.49 | -9.74 | 6 |
Countries ranked near Guinea-Bissau
- 138 Haiti -12.77 compare
- 139 Seychelles -13.05 compare
- 140 Bosnia and Herzegovina -13.12 compare
- 142 Nicaragua -13.26 compare
- 143 Uzbekistan -13.33 compare
- 144 Rwanda -13.56 compare
More economy & growth data for Guinea-Bissau
- Real gdp growth, annual growth rate 13.04 % change on previous year (2023)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.42 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 8.52 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0357 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 40.07 units per person (2025)
- SDRs holdings, SDR, annual growth rate 3.34 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.026 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 29.26 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.94 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services as a percent of gdp in Guinea-Bissau?
- External balance on goods and services as a percent of gdp in Guinea-Bissau was -13.15 in 2025, according to Our World in Data.
- What is the highest external balance on goods and services as a percent of gdp recorded in Guinea-Bissau?
- The highest recorded value was -3.84 in 2017.
- What is the lowest external balance on goods and services as a percent of gdp recorded in Guinea-Bissau?
- The lowest recorded value was -59.68 in 1997.
- How does Guinea-Bissau rank for external balance on goods and services as a percent of gdp?
- Guinea-Bissau ranks 141st out of 191 countries with data for 2025.
- Is external balance on goods and services as a percent of gdp rising or falling in Guinea-Bissau?
- Over the last ten years it is down 207.4%. The long-run trend across the full record is rising.
- Where does this Guinea-Bissau data come from?
- The figures come from Our World in Data, published as part of External balance on goods and services as a percent of gdp. Statizoid updates them automatically from the source API.
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