Balance of trade in goods and services rose 1.87% to GMT -122 bil in Guinea Bissau in 2020, according to the National Statistical Office.
Historically, balance of trade in goods and services in Guinea Bissau reached an all time high of GMT -0.011 bil in 1970 and an all time low of GMT -125 bil in 2019. When compared to Guinea Bissau's main peers, balance of trade in goods and services in Gambia amounted to GMD -26.4 bil, GNF -5,088 bil in Guinea, XOF -571 bil in Mali and XOF -2,631 bil in Senegal in 2020.
Guinea Bissau has been ranked 115th within the group of 163 countries we follow in terms of balance of trade in goods and services, 13 places above the position seen 10 years ago.
Balance of Trade In Goods and Services (Local Currency) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Algeria | DZD bil | -2,231 | -2,484 | -1,898 | -1,294 | -1,308 | ||||||||||||||||
Burkina Faso | XOF bil | -481 | -461 | -521 | -392 | -325 | ... | ... | ||||||||||||||
Gambia | GMD bil | -8.05 | -9.14 | -13.8 | -15.8 | -14.2 | ||||||||||||||||
Guinea | GNF bil | -19,386 | -40,931 | -11,195 | -9,157 | -10,286 | ||||||||||||||||
Guinea Bissau | GMT bil | -29.1 | -33.5 | -41.5 | -45.7 | -125 | ... | |||||||||||||||
Liberia | LRD bil | -2.77 | -2.58 | -2.45 | -2.23 | -2.15 | ... | |||||||||||||||
Mali | XOF bil | -1,205 | -1,403 | -1,217 | -1,053 | -1,240 | ||||||||||||||||
Mauritania | MRO bil | -34.0 | -12.0 | -23.9 | -42.6 | -38.5 | ||||||||||||||||
Niger | XOF bil | -927 | -747 | -842 | -1,029 | -1,125 | ||||||||||||||||
Senegal | XOF bil | -1,340 | -1,240 | -1,688 | -2,041 | -1,957 | ||||||||||||||||
Sierra Leone | SLL bil | -6,013 | -6,839 | -6,070 | -7,051 | -7,235 |