Balance of Trade In Goods and Services (Local Currency) rose 1.87% to GMT -122 bil in Guinea Bissau in 2020

Balance of Trade In Goods and Services (Local Currency) (GMT bil), 2020
Economy | Guinea Bissau | March 1, 2023
$2.99
Excel Sheet

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