Merchandise trade as a share of GDP reached 77.1 % in 2017 in Guinea, according to the National Statistical Office. This is 2.00 % less than in the previous year.
Historically, merchandise trade as a share of GDP in Guinea reached an all time high of 78.7 % in 2016 and an all time low of 31.4 % in 2009. When compared to Guinea's main peers, merchandise trade as a share of GDP in Liberia amounted to 44.0 %, 46.9 % in Mali, 46.1 % in Senegal and 51.4 % in Sierra Leone in 2017.
Guinea has been ranked 42nd within the group of 168 countries we follow in terms of merchandise trade as a share of GDP, 103 places above the position seen 10 years ago.
Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current US dollars.