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Guinea-Bissau - Trade Openness 2008

Name: Guinea-Bissau Trade Openness 2008
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Trade as % of GDP · World Bank

45.14% −1.11% from 2007 Global rank: 20th

Guinea-Bissau's trade openness was 45.14% in 2008, decreased +1.11% from 46.24% in 2007. This was the 20th highest globally.

Global Ranking - 2008▾

Trade Openness by Country - 2008
Rank	Country	Value	YoY
1st	Sierra Leone	21.26%	-2.5%
2nd	Brazil	27.26%	7.8%
3rd	United States	29.87%	6.6%
4th	Eritrea	30.56%	-11.6%
5th	Japan	34.13%	4.0%
6th	Pakistan	34.35%	11.6%
7th	Central African Republic	34.44%	-8.4%
8th	Burkina Faso	35.39%	4.8%
9th	Haiti	36.15%	5.4%
10th	Comoros	36.22%	9.2%
11th	Sudan	36.74%	6.8%
12th	Rwanda	37.60%	4.5%
13th	Gambia, The	39.09%	-11.8%
14th	Colombia	39.17%	5.6%
15th	Niger	39.71%	11.9%
16th	Argentina	40.40%	-1.3%
17th	Bangladesh	42.62%	6.7%
18th	Australia	42.75%	2.0%
19th	Cuba	44.92%	18.3%
20th	Guinea-Bissau	45.14%	-2.4%
21st	Nepal	46.04%	3.3%
22nd	Benin	47.78%	-2.7%
23rd	Iran, Islamic Republic of	48.23%	-3.3%
24th	Tanzania	49.03%	2.0%
25th	Türkiye	50.76%	5.7%
26th	India	53.37%	16.8%
27th	Russian Federation	53.38%	3.2%
28th	Mali	53.64%	14.4%
29th	Italy	54.21%	-1.1%
30th	Armenia	54.54%	-4.3%
31st	Spain	55.83%	-3.1%
32nd	Uganda	56.26%	20.3%
33rd	Mexico	56.37%	2.0%
34th	United Kingdom	56.44%	7.0%
35th	China	56.71%	-7.4%
36th	Cameroon	56.92%	7.0%
37th	Greece	57.11%	4.7%
38th	Kenya	57.58%	6.8%
39th	French Polynesia	58.04%	1.0%
40th	Peru	58.43%	4.9%
41st	Indonesia	58.56%	6.8%
42nd	France	59.18%	1.8%
43rd	Zambia	59.45%	-9.6%
44th	Dominican Republic	61.43%	0.3%
45th	Côte d'Ivoire	61.94%	0.8%
46th	Togo	62.31%	0.9%
47th	Senegal	62.76%	5.9%
48th	Sri Lanka	63.37%	-7.6%
49th	Guinea	64.18%	-9.8%
50th	New Zealand	64.26%	10.0%
51st	Mozambique	64.98%	-1.7%
52nd	Romania	65.18%	2.6%
53rd	Guatemala	65.18%	-5.5%
54th	Uruguay	65.21%	10.1%
55th	South Africa	65.97%	15.5%
56th	Canada	67.02%	1.1%
57th	Philippines	67.68%	-8.1%
58th	New Caledonia	67.92%	-5.9%
59th	Chad	69.07%	-8.0%
60th	Ghana	69.51%	6.4%
61st	Algeria	71.03%	5.2%
62nd	Egypt, Arab Republic of	71.68%	10.1%
63rd	Portugal	72.08%	3.0%
64th	Tonga	72.66%	6.5%
65th	Congo, Democratic Republic of	72.95%	-0.1%
66th	Samoa	73.89%	-11.2%
67th	Syrian Arab Republic	74.23%	-2.8%
68th	Madagascar	74.36%	11.5%
69th	Ecuador	74.59%	8.3%
70th	Norway	74.79%	4.0%
71st	Albania	75.25%	-5.8%
72nd	Israel	75.38%	-4.4%
73rd	Serbia	75.74%	4.2%
74th	Germany	76.11%	1.6%
75th	Kosovo	76.73%	-
76th	Morocco	77.83%	9.1%
77th	Guam	78.27%	-1.5%
78th	West Bank and Gaza	79.48%	-13.6%
79th	Uzbekistan	79.75%	7.2%
80th	Poland	80.57%	-0.2%
81st	El Salvador	80.67%	3.9%
82nd	Chile	80.68%	4.8%
83rd	Paraguay	80.78%	2.2%
84th	European Union	80.78%	1.2%
85th	Iraq	81.06%	9.4%
86th	Yemen, Republic of	81.24%	2.7%
87th	Lao PDR	81.85%	3.3%
88th	Iceland	81.90%	11.2%
89th	Croatia	82.08%	-1.4%
90th	Bolivia, Plurinational State of	82.87%	8.9%
91st	Bosnia and Herzegovina	86.16%	3.1%
92nd	Finland	86.19%	4.0%
93rd	Georgia	86.30%	-2.4%
94th	Costa Rica	86.40%	-0.1%
95th	Solomon Islands	87.35%	4.3%
96th	Bahamas, The	87.43%	-0.7%
97th	Gabon	89.00%	4.5%
98th	Azerbaijan	89.24%	-7.7%
99th	Qatar	89.43%	-7.0%
100th	Brunei Darussalam	89.75%	10.8%
101st	Cabo Verde	90.97%	-3.4%
102nd	Korea	92.08%	29.1%
103rd	Kuwait	92.68%	1.0%
104th	Sweden	92.81%	3.6%
105th	Mauritania	94.12%	9.4%
106th	Ukraine	94.17%	7.0%
107th	Kazakhstan	94.29%	2.3%
108th	Turkmenistan	94.72%	68.3%
109th	Oman	94.76%	-0.1%
110th	Kiribati	95.44%	-0.7%
111th	Latvia	95.77%	-5.1%
112th	Saudi Arabia	96.10%	1.3%
113th	Nicaragua	96.79%	4.1%
114th	South Sudan	97.27%	-
115th	Botswana	99.01%	0.5%
116th	Northern Mariana Islands	100.85%	-21.6%
117th	Bhutan	101.95%	-4.7%
118th	Austria	102.74%	1.4%
119th	Libya	103.24%	0.5%
120th	Faroe Islands	103.50%	4.0%
121st	Denmark	104.47%	4.4%
122nd	Belize	105.46%	9.9%
123rd	Vanuatu	105.77%	17.3%
124th	Lebanon	106.63%	8.8%
125th	Greenland	107.37%	13.1%
126th	Angola	108.68%	11.8%
127th	Suriname	109.17%	7.7%
128th	Zimbabwe	109.52%	30.1%
129th	Micronesia, Federated States of	111.19%	10.3%
130th	North Macedonia	111.57%	5.2%
131st	Cyprus	112.93%	1.5%
132nd	Mauritius	113.49%	-4.3%
133rd	Tunisia	114.34%	9.9%
134th	Tajikistan	114.48%	-21.3%
135th	Puerto Rico (US)	116.28%	-1.1%
136th	Switzerland	116.78%	3.0%
137th	Namibia	119.64%	14.0%
138th	Mongolia	121.20%	2.8%
139th	Marshall Islands	122.05%	6.6%
140th	Czechia	123.90%	-4.6%
141st	Bulgaria	124.69%	0.9%
142nd	Palau	126.28%	10.0%
143rd	Macao SAR, China	126.61%	-3.1%
144th	Lithuania	126.76%	9.0%
145th	Equatorial Guinea	128.69%	-4.0%
146th	Belarus	129.60%	1.1%
147th	Netherlands	130.15%	0.3%
148th	Cambodia	130.39%	-2.5%
149th	Montenegro	132.48%	2.8%
150th	Congo, Republic of	133.11%	-10.4%
151st	Moldova	134.42%	-5.8%
152nd	Timor-Leste	135.25%	5.0%
153rd	Slovenia	135.39%	-1.7%
154th	Honduras	135.75%	0.5%
155th	Estonia	136.68%	2.0%
156th	Aruba	139.11%	-0.6%
157th	Thailand	140.44%	8.1%
158th	Jordan	140.91%	-3.5%
159th	Bahrain	145.88%	5.9%
160th	Kyrgyz Republic	146.11%	6.6%
161st	United Arab Emirates	148.51%	8.6%
162nd	Viet Nam	154.32%	-0.2%
163rd	Hungary	158.45%	1.8%
164th	Ireland	160.04%	4.3%
165th	Belgium	161.09%	5.7%
166th	Lesotho	161.13%	-2.4%
167th	Slovak Republic	162.46%	-2.5%
168th	Nauru	164.29%	-
169th	Panama	164.59%	10.7%
170th	Curaçao	166.74%	14.2%
171st	Malaysia	176.67%	-8.2%
172nd	Malta	185.75%	0.5%
173rd	Seychelles	208.84%	19.4%
174th	American Samoa	249.82%	14.5%
175th	Luxembourg	292.21%	-5.0%
176th	Hong Kong SAR, China	376.66%	4.0%
177th	Singapore	437.33%	10.9%
178th	Virgin Islands (US)	863.20%	54.0%

FAQ

What was Guinea-Bissau's trade openness in 2008?▾

Guinea-Bissau's trade openness in 2008 was 45.14%. This ranked 20th globally.

How did Guinea-Bissau's trade openness change in 2008?▾

Guinea-Bissau's trade openness decreased by 2.4% in 2008 compared to 2007.

Which country had the highest trade openness in 2008?▾

Virgin Islands (US) had the highest trade openness in 2008 at 863.20%.

What is the trade openness of Guinea-Bissau in 2008?▾

The trade openness of Guinea-Bissau in 2008 was 45.14%. This ranked 20th globally.

How does 2008 compare to 2007 for Guinea-Bissau's trade openness?▾

Guinea-Bissau's trade openness went from 46.24% in 2007 to 45.14% in 2008, a 2.4% decrease.

HistorySaid - pattern alert

Guinea-Bissau matched the Fiscal Dominance Trap pattern in 2008. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 2.5%. View full analysis →

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