Trade in services as share of GDP in Guinea-Bissau
Guinea-Bissau: Trade in services as share of GDP was 11.3% in 2024. ▲ Rising
Trade in services as share of GDP in Guinea-Bissau, 1982–2024
Source: International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for trade in services as share of gdp in Guinea-Bissau is 11.3%, measured in 2024.
That represents a change of up 0.6% on the previous year and down 21.2% over ten years.
Over the whole period, trade in services as share of gdp in Guinea-Bissau peaked at 15.6% in 2010 and was at its lowest, 4.2%, in 1990.
That places Guinea-Bissau 157th out of 198 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 37 years of available data.
Trade in services as share of GDP in Guinea-Bissau, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1982 | 4.5% | — |
| 1983 | 4.7% | +4.9% |
| 1984 | 8.1% | +73.3% |
| 1985 | 8.5% | +4.2% |
| 1989 | 6.1% | -27.7% |
| 1990 | 4.2% | -30.4% |
| 1991 | 6.1% | +42.5% |
| 1992 | 6.7% | +9.9% |
| 1993 | 5.0% | -24.5% |
| 1994 | 5.3% | +6.5% |
| 1995 | 5.4% | +0.9% |
| 1996 | 5.2% | -4.5% |
| 1997 | 4.9% | -5.0% |
| 2001 | 8.4% | +72.1% |
| 2002 | 7.3% | -13.5% |
| 2003 | 7.6% | +4.7% |
| 2004 | 8.9% | +17.2% |
| 2005 | 7.3% | -17.9% |
| 2006 | 6.8% | -7.6% |
| 2007 | 13.5% | +99.2% |
| 2008 | 13.5% | +0.3% |
| 2009 | 13.5% | -0.4% |
| 2010 | 15.6% | +15.6% |
| 2011 | 12.5% | -20.0% |
| 2012 | 9.0% | -28.1% |
| 2013 | 11.3% | +25.9% |
| 2014 | 14.4% | +27.4% |
| 2015 | 14.5% | +0.7% |
| 2016 | 14.0% | -3.4% |
| 2017 | 12.9% | -7.7% |
| 2018 | 13.3% | +2.9% |
| 2019 | 13.2% | -1.1% |
| 2020 | 8.8% | -32.8% |
| 2021 | 10.7% | +20.5% |
| 2022 | 11.5% | +8.2% |
| 2023 | 11.3% | -2.2% |
| 2024 | 11.3% | +0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 6.4% | 4.5% | 8.5% | 5 |
| 1990s | 5.3% | 4.2% | 6.7% | 8 |
| 2000s | 9.7% | 6.8% | 13.5% | 9 |
| 2010s | 13.1% | 9.0% | 15.6% | 10 |
| 2020s | 10.7% | 8.8% | 11.5% | 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)
- Gross capital formation (current US$), annual growth rate 12.76 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2581 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 290.07 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 8.22 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 150.21 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 168,798 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate -6.36 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1301 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is trade in services as share of gdp in Guinea-Bissau?
- Trade in services as share of gdp in Guinea-Bissau was 11.3% in 2024, according to International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data.
- What is the highest trade in services as share of gdp recorded in Guinea-Bissau?
- The highest recorded value was 15.6% in 2010.
- What is the lowest trade in services as share of gdp recorded in Guinea-Bissau?
- The lowest recorded value was 4.2% in 1990.
- How does Guinea-Bissau rank for trade in services as share of gdp?
- Guinea-Bissau ranks 157th out of 198 countries with data for 2024.
- Is trade in services as share of gdp rising or falling in Guinea-Bissau?
- Over the last ten years it is down 21.2%. The long-run trend across the full record is rising.
- Where does this Guinea-Bissau data come from?
- The figures come from International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data, published as part of Trade in services as share of GDP. Statizoid updates them automatically from the source API.
Download this data
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About this data
Total services trade (exports and imports) divided by gross domestic product (GDP).