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Guinea-Bissau Trade Openness

Trade as % of GDP  NE.TRD.GNFS.ZS

Guinea-Bissau's trade openness was 38.80% in 2025, ranked 168th globally. This represents a 0.0% decrease from 2024. Data from World Bank, covering 1970–2025.

38.80% −0.01% (0.0%)
Year 2025 Rank #168 Global Peak 69.49% (1997) Source World Bank

Guinea-Bissau Trade Openness (1970–2025)

Overview

Guinea-Bissau's trade openness stood at 38.80% in 2025, a decline of +0.01% from 2024. Based on recent trends, this figure is projected to reach 38.80% by 2025. Guinea-Bissau ranked 168th globally.

Guinea-Bissau's trade openness, as measured by the World Bank, has exhibited significant fluctuations over the past 56 years. The indicator peaked at 69.49 in 1997, reflecting a relatively open economy, but plummeted to a trough of 31.13 in 1975. Since then, trade openness has experienced a generally upward trend, with the latest available data indicating a value of 38.80, ranking 168 globally. In comparison, peer country Gambia's trade openness is notably higher at 39.49, while Uganda's is similar at 38.72. The recent stagnation in Guinea-Bissau's trade openness suggests a plateau in economic integration, potentially hindering growth and development. To alter this trajectory, Guinea-Bissau could focus on implementing policies that encourage foreign investment and trade liberalization, thereby increasing trade openness and promoting economic growth.

Data & projection

Year Trade Openness YoY change Rank
2027* trend 36.30% - -
2026* trend 37.55% - -
2025* trend 38.80% - -
2025 38.80% −0.01% #168
2024 38.81% −1.67% #12
2023 40.47% −5.28% #17
2022 45.76% +0.95% #24
2021 44.81% +1.92% #30
2020 42.89% −7.06% #32
2019 49.94% −5.08% #39
2018 55.02% −1.89% #42
2017 56.91% +2.61% #54
2016 54.30% −0.07% #48
2015 54.37% +7.50% #45
2014 46.87% +6.91% #25
2013 39.96% −4.17% #10
2012 44.13% −4.49% #18
2011 48.62% +5.10% #25
Show all years (1970-2025)
* Linear trend extrapolation

Detected Pattern

Fiscal Dominance Trap
Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.
Inflation 10.5% Real rate -6.9%
Occurred 386 times, 278 successful
Inflation
28.2%
Real rate
-4.2%
Inflation
219.9%
Real rate
-47.4%
Inflation
28.3%
Real rate
-7.0%
Inflation
91.4%
Real rate
-26.9%
Inflation
13.6%
Real rate
-0.9%
Inflation
133.5%
Real rate
-17.3%

Analysis

Guinea-Bissau matched the Fiscal Dominance Trap pattern in 2008. Historically, 72% of countries showing this pattern (278 out of 386) saw trade openness improve within 24 months. View full analysis →

Frequently Asked Questions

What is Guinea-Bissau's trade openness?▾

Guinea-Bissau's trade openness was 38.80% in 2025. Ranked 168th globally. This represents a 0.0% decrease from the previous year.

What was the highest trade openness in Guinea-Bissau?▾

Guinea-Bissau's trade openness peaked at 69.49% in 1997.

What was the lowest trade openness in Guinea-Bissau?▾

The lowest trade openness in Guinea-Bissau was 31.13% in 1975.

How does Guinea-Bissau rank in trade openness?▾

Guinea-Bissau ranks 168th globally in trade openness as of 2025.

What is the World Bank indicator code for trade openness?▾

The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.

What is the projected trade openness of Guinea-Bissau in 2025?▾

Guinea-Bissau's trade openness is projected to reach 38.80% by 2025 based on trend extrapolation.

What is the trade openness of Guinea-Bissau in 2025?▾

The trade openness of Guinea-Bissau in 2025 was 38.80%. This ranks 168th in the world.

Cite this page

APA
Guinea-Bissau Trade Openness. HistorySaid. Retrieved November 1, 2026, from https://historysaid.com/guinea-bissau/trade-openness/
BibTeX
@misc{historysaid_guinea-bissau_trade-openness, title = {Guinea-Bissau Trade Openness}, url = {https://historysaid.com/guinea-bissau/trade-openness/}, publisher = {HistorySaid}, year = {2026} }
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