External balance on goods and services in Guinea-Bissau
Guinea-Bissau: External balance on goods and services was -138.28 billion constant LCU in 2025. ◆ Volatile
External balance on goods and services in Guinea-Bissau, 2015–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Guinea-Bissau recorded -138.28 billion constant LCU for external balance on goods and services in 2025.
That represents a change of up 7.8% on the previous year and down 374.6% over ten years.
Over the whole period, external balance on goods and services in Guinea-Bissau peaked at -13.47 billion constant LCU in 2018 and was at its lowest, -149.91 billion constant LCU, in 2024.
Guinea-Bissau ranks 116th of 161 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Guinea-Bissau, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2015 | -29.14 billion constant LCU | — |
| 2016 | -48.11 billion constant LCU | +65.1% |
| 2017 | -59.93 billion constant LCU | +24.6% |
| 2018 | -13.47 billion constant LCU | -77.5% |
| 2019 | -87.00 billion constant LCU | +546.1% |
| 2020 | -79.70 billion constant LCU | -8.4% |
| 2021 | -87.64 billion constant LCU | +10.0% |
| 2022 | -129.34 billion constant LCU | +47.6% |
| 2023 | -85.89 billion constant LCU | -33.6% |
| 2024 | -149.91 billion constant LCU | +74.5% |
| 2025 | -138.28 billion constant LCU | -7.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -47.53 billion constant LCU | -87.00 billion constant LCU | -13.47 billion constant LCU | 5 |
| 2020s | -111.79 billion constant LCU | -149.91 billion constant LCU | -79.70 billion constant LCU | 6 |
Countries ranked near Guinea-Bissau
- 113 North Macedonia -116.39 billion constant LCU compare
- 114 Central African Republic -121.10 billion constant LCU compare
- 115 Comoros -128.55 billion constant LCU compare
- 117 Guatemala -138.41 billion constant LCU compare
- 118 Iceland -181.56 billion constant LCU compare
- 119 Romania -198.45 billion constant LCU compare
More economy & growth data for Guinea-Bissau
- 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)
- GDP (current US$), annual growth rate 15.02 % change on previous year (2025)
- GDP (current US$), per capita 1,124 current US$ per person (2025)
- GDP (current LCU), annual growth rate 10.39 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 581.93 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 653,948 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 5.82 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7242 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 813.83 constant 2015 US$ per person (2025)
Frequently asked questions
- What is external balance on goods and services in Guinea-Bissau?
- External balance on goods and services in Guinea-Bissau was -138.28 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Guinea-Bissau?
- The highest recorded value was -13.47 billion constant LCU in 2018.
- What is the lowest external balance on goods and services recorded in Guinea-Bissau?
- The lowest recorded value was -149.91 billion constant LCU in 2024.
- How does Guinea-Bissau rank for external balance on goods and services?
- Guinea-Bissau ranks 116th out of 161 countries with data for 2025.
- Is external balance on goods and services rising or falling in Guinea-Bissau?
- Over the last ten years it is down 374.6%. The long-run trend across the full record is volatile.
- Where does this Guinea-Bissau data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.