Foreign Trade (As % of GDP) rose to 147% in Guinea in 2017

Foreign Trade (As % of GDP) (%)
Economy | Guinea | May 17, 2019
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Excel Sheet

Foreign trade as a share of GDP reached 147 % in 2017 in Guinea, according to the National Statistical Office. This is 32.3 % more than in the previous year.

Historically, foreign trade as a share of GDP in Guinea reached an all time high of 147 % in 2017 and an all time low of 42.4 % in 1997. When compared to Guinea's main peers, foreign trade as a share of GDP in Liberia amounted to 123 %, 61.8 % in Mali, 57.1 % in Senegal and 74.1 % in Sierra Leone in 2017.

Guinea has been ranked 18th within the group of 165 countries we follow in terms of foreign trade as a share of GDP, 89 places above the position seen 10 years ago.

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

Foreign Trade (As % of GDP) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Algeria % 67.5% 65.4% 63.6% 62.1% 59.7%
Burkina Faso % 58.2% 62.7% 50.1% 46.6% 47.9%
Gambia % 67.5% 75.1% 46.4% 51.5% 48.1%
Ghana % 86.3% 93.2% 61.7% 65.2% 75.6%
Guinea % 86.0% 86.7% 80.4% 76.8% 72.4%
Ivory Coast % 91.2% 93.7% 80.1% 73.6% 72.0%
Liberia % 116% 122% 131% 137% 126%
Mali % 53.9% 58.7% 64.8% 60.6% 63.6%
Mauritania % 119% 132% 122% 105% 109%
Niger % 68.7% 61.2% 61.7% 60.3% 59.1%
Senegal % 57.1% 61.3% 60.2% 58.4% 58.1%
Sierra Leone % 80.7% 93.3% 87.5% 83.2% 66.8%