External balance on goods and services in Guinea-Bissau
Guinea-Bissau: External balance on goods and services was -13.1% in 2025. ▲ Rising
External balance on goods and services in Guinea-Bissau, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2025, external balance on goods and services in Guinea-Bissau stood at -13.1%.
That represents a change of up 12.2% on the previous year and down 207.4% over ten years.
Over the whole period, external balance on goods and services in Guinea-Bissau peaked at -3.8% in 2017 and was at its lowest, -59.7%, in 1997.
Guinea-Bissau ranks 141st of 193 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 in Guinea-Bissau, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | -26.2% | — |
| 1971 | -30.2% | +15.1% |
| 1972 | -31.3% | +3.7% |
| 1973 | -34.7% | +10.8% |
| 1974 | -34.2% | -1.3% |
| 1975 | -20.8% | -39.3% |
| 1976 | -22.7% | +9.2% |
| 1977 | -23.3% | +2.8% |
| 1978 | -28.3% | +21.5% |
| 1979 | -34.3% | +21.0% |
| 1980 | -29.2% | -14.9% |
| 1981 | -24.5% | -15.9% |
| 1982 | -33.4% | +36.4% |
| 1983 | -26.2% | -21.5% |
| 1984 | -37.9% | +44.3% |
| 1985 | -48.0% | +26.6% |
| 1986 | -26.6% | -44.5% |
| 1987 | -27.6% | +3.7% |
| 1988 | -38.7% | +40.4% |
| 1989 | -37.3% | -3.7% |
| 1990 | -27.1% | -27.3% |
| 1991 | -27.8% | +2.6% |
| 1992 | -45.2% | +62.6% |
| 1993 | -23.8% | -47.3% |
| 1994 | -17.9% | -25.1% |
| 1995 | -23.5% | +31.5% |
| 1996 | -21.3% | -9.2% |
| 1997 | -59.7% | +180.1% |
| 1998 | -35.3% | -40.9% |
| 1999 | -32.4% | -8.1% |
| 2000 | -26.6% | -18.2% |
| 2001 | -27.4% | +3.3% |
| 2002 | -16.8% | -38.9% |
| 2003 | -14.2% | -15.5% |
| 2004 | -17.3% | +22.3% |
| 2005 | -18.7% | +7.7% |
| 2006 | -28.0% | +50.1% |
| 2007 | -24.0% | -14.3% |
| 2008 | -21.6% | -10.0% |
| 2009 | -21.3% | -1.2% |
| 2010 | -18.2% | -14.5% |
| 2011 | -10.0% | -45.0% |
| 2012 | -15.9% | +58.6% |
| 2013 | -13.5% | -14.9% |
| 2014 | -13.5% | -0.3% |
| 2015 | -4.3% | -68.3% |
| 2016 | -6.8% | +57.9% |
| 2017 | -3.8% | -43.0% |
| 2018 | -4.1% | +5.7% |
| 2019 | -13.4% | +229.1% |
| 2020 | -11.9% | -10.7% |
| 2021 | -9.7% | -18.5% |
| 2022 | -16.5% | +69.4% |
| 2023 | -15.0% | -9.3% |
| 2024 | -15.0% | +0.2% |
| 2025 | -13.1% | -12.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -28.6% | -34.7% | -20.8% | 10 |
| 1980s | -32.9% | -48.0% | -24.5% | 10 |
| 1990s | -31.4% | -59.7% | -17.9% | 10 |
| 2000s | -21.6% | -28.0% | -14.2% | 10 |
| 2010s | -10.3% | -18.2% | -3.8% | 10 |
| 2020s | -13.5% | -16.5% | -9.7% | 6 |
Countries ranked near Guinea-Bissau
- 138 Haiti -12.8% compare
- 139 Seychelles -13.0% compare
- 140 Bosnia and Herzegovina -13.1% compare
- 142 Nicaragua -13.3% compare
- 143 Uzbekistan -13.3% compare
- 144 Rwanda -13.6% 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 389,069 BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0002 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.1767 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 26.65 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 6.04 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0121 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 12.11 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 8.88 % change on previous year (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 -13.1% 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 -3.8% in 2017.
- What is the lowest external balance on goods and services recorded in Guinea-Bissau?
- The lowest recorded value was -59.7% in 1997.
- How does Guinea-Bissau rank for external balance on goods and services?
- Guinea-Bissau ranks 141st out of 193 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 207.4%. The long-run trend across the full record is rising.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.