Guinea-Bissau Trade Balance
External balance on goods and services NE.RSB.GNFS.CD
Guinea-Bissau's trade balance was $-378.3M in 2025, ranked 92nd globally. This represents a 12.9% decrease from 2024. Data from World Bank, covering 1970–2025.
Overview
Guinea-Bissau's trade balance stood at $-378.3M in 2025, a decline of +$43.1M from 2024. Based on recent trends, this figure is projected to reach $-378.3M by 2025. Guinea-Bissau ranked 92nd globally.
Guinea‑Bissau’s trade balance has remained persistently negative over the 56‑year series, widening from a deficit of ‑53,600,629.78 in 1970 to a 2025 shortfall of ‑378,340,068.66, the 92nd most adverse balance among World Bank reporting economies. The narrowest deficit occurred in 2015 at ‑49,286,913.81, while the deepest trough was recorded in 1997 when the gap expanded to ‑416,660,915.52, reflecting a period of sharp import growth and limited export diversification. By comparison, peer island economies such as Comoros posted a 2025 deficit of ‑371,162,781.37, indicating that Guinea‑Bissau’s imbalance is slightly larger than its nearest regional counterpart. The long‑term trajectory suggests that without substantial improvements in export capacity or a rebalancing of import demand, the trade deficit is likely to remain entrenched, although targeted investment in agro‑processing and fisheries could gradually narrow the gap.
Data & projection
| Year | Trade Balance | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $-453.6M | - | - |
| 2026* trend | $-416.0M | - | - |
| 2025* trend | $-378.3M | - | - |
| 2025 | $-378.3M | −$43.1M | #92 |
| 2024 | $-335.2M | −$36.1M | #79 |
| 2023 | $-299.1M | +$4.2M | #84 |
| 2022 | $-303.3M | −$117.6M | #96 |
| 2021 | $-185.7M | +$18.0M | #96 |
| 2020 | $-203.7M | +$9.9M | #98 |
| 2019 | $-213.6M | −$150.4M | #91 |
| 2018 | $-63.2M | −$6.7M | #109 |
| 2017 | $-56.5M | +$27.5M | #104 |
| 2016 | $-84.1M | −$34.8M | #107 |
| 2015 | $-49.3M | +$103.8M | #118 |
| 2014 | $-153.0M | −$2.9M | #104 |
| 2013 | $-150.1M | +$16.7M | #105 |
| 2012 | $-166.8M | −$50.8M | #105 |
| 2011 | $-116.0M | +$55.5M | #106 |
Detected Pattern
Analysis
Guinea-Bissau matched the Fiscal Dominance Trap pattern in 2008. Historically, 72% of countries showing this pattern (278 out of 386) saw trade balance improve within 24 months. View full analysis →
Frequently Asked Questions
Guinea-Bissau's trade balance was $-378.3M in 2025. Ranked 92nd globally. This represents a 12.9% decrease from the previous year.
Guinea-Bissau's trade balance peaked at $-49.3M in 2015.
The lowest trade balance in Guinea-Bissau was $-416.7M in 1997.
Guinea-Bissau ranks 92nd globally in trade balance as of 2025.
The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.
Guinea-Bissau's trade balance is projected to reach $-378.3M by 2025 based on trend extrapolation.
The trade balance of Guinea-Bissau in 2025 was $-378.3M. This ranks 92nd in the world.
Cite this page
@misc{historysaid_guinea-bissau_trade-balance,
title = {Guinea-Bissau Trade Balance},
url = {https://historysaid.com/guinea-bissau/trade-balance/},
publisher = {HistorySaid},
year = {2026}
}