Guinea-Bissau: Trade openness

* indicates monthly or quarterly data series
 Guinea-Bissau

Trade openness: exports plus imports as percent of GDP

 Latest value 43.64
 Year 2020
 Measure percent
 Data availability 1970 - 2020
 Average 48.86
 Min - Max 31.13 - 67.68
 Source The World Bank
For that indicator, we provide data for Guinea-Bissau from 1970 to 2020. The average value for Guinea-Bissau during that period was 48.86 percent with a minimum of 31.13 percent in 1975 and a maximum of 67.68 percent in 1999. The latest value from 2020 is 43.64 percent. For comparison, the world average in 2020 based on 163 countries is 83.99 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Guinea-Bissau - Trade openness - recent values

Historical chart
Guinea-Bissau - Trade openness - historical chart - 1970-2020




Definition: Exports plus imports as percent of GDP.


 Related indicators Latest value Reference Measure
 Terms of trade 103.90 2021 percent
 Trade openness 43.64 2020 percent
 Exports, percent of GDP 14.39 2020 percent
 Exports, billion dollars 0.21 2020 billion U.S. dollars
 Growth of exports -14.63 2020 percent
 Imports, percent of GDP 29.25 2020 percent
 Imports, billion dollars 0.42 2020 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 1.34 2022 percent
 Foreign Direct Investment, billion dollars 0.02 2022 billion U.S. dollars
 Portfolio investment inflows, equities -0.23 2019 million dollars (current)
 Current account, percent of GDP -5.80 2022 percent
 Current account, in dollars -0.01 2021 billion U.S. dollars
 Trade balance, percent of GDP -14.86 2020 percent
 Trade balance, in dollars -0.18 2021 billion U.S. dollars
 Remittances, percent of GDP 10.90 2022 percent
 Remittances 164.09 2021 million U.S. dollars
 Net errors and omissions 11.34 2021 million USD
 External debt 61.68 2022 percent
 Short-term external debt 0.14 2022 percent
 Foreign exchange reserves 57.90 9/2022 billion
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