Merchandise trade as a proportion of GDP in Guinea-Bissau
Guinea-Bissau: Merchandise trade as a proportion of GDP was 33.0% in 2024. ▬ Flat
Latest (2024)
33.0%
Change on year
down 1.5%
World rank
184th
of 218 countries
All-time high
69.6%
in 2009
All-time low
23.5%
in 2003
Years of data
25
2000–2024
Merchandise trade as a proportion of GDP in Guinea-Bissau, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, merchandise trade as a proportion of gdp in Guinea-Bissau stood at 33.0%.
The figure is down 1.5% on the previous year and down 11.9% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Guinea-Bissau peaked at 69.6% in 2009 and was at its lowest, 23.5%, in 2003.
Guinea-Bissau ranks 184th of 218 countries on this measure, in the bottom quarter.
Merchandise trade as a proportion of GDP in Guinea-Bissau, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 30.9% | — |
| 2001 | 30.3% | -2.0% |
| 2002 | 24.2% | -20.1% |
| 2003 | 23.5% | -3.0% |
| 2004 | 27.3% | +16.3% |
| 2005 | 50.3% | +84.3% |
| 2006 | 56.1% | +11.4% |
| 2007 | 68.2% | +21.7% |
| 2008 | 67.6% | -0.9% |
| 2009 | 69.6% | +3.0% |
| 2010 | 62.5% | -10.2% |
| 2011 | 45.0% | -28.0% |
| 2012 | 32.6% | -27.6% |
| 2013 | 33.1% | +1.5% |
| 2014 | 37.5% | +13.5% |
| 2015 | 43.6% | +16.3% |
| 2016 | 44.7% | +2.3% |
| 2017 | 47.1% | +5.4% |
| 2018 | 44.0% | -6.5% |
| 2019 | 39.7% | -9.8% |
| 2020 | 33.7% | -15.1% |
| 2021 | 37.3% | +10.6% |
| 2022 | 38.4% | +2.9% |
| 2023 | 33.6% | -12.6% |
| 2024 | 33.0% | -1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 44.8% | 23.5% | 69.6% | 10 |
| 2010s | 43.0% | 32.6% | 62.5% | 10 |
| 2020s | 35.2% | 33.0% | 38.4% | 5 |
Countries ranked near Guinea-Bissau
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)
- Households and NPISHs Final consumption expenditure (current LCU) 9.72 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 418.12 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 469,865 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6.79 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.566 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 636.07 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 13.32 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.8733 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Guinea-Bissau?
- Merchandise trade as a proportion of gdp in Guinea-Bissau was 33.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Guinea-Bissau?
- The highest recorded value was 69.6% in 2009.
- What is the lowest merchandise trade as a proportion of gdp recorded in Guinea-Bissau?
- The lowest recorded value was 23.5% in 2003.
- How does Guinea-Bissau rank for merchandise trade as a proportion of gdp?
- Guinea-Bissau ranks 184th out of 218 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Guinea-Bissau?
- Over the last ten years it is down 11.9%. The long-run trend across the full record is flat.
- Where does this Guinea-Bissau data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).