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Guinea-Bissau - Trade Openness 2019

Name: Guinea-Bissau Trade Openness 2019
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Trade as % of GDP · World Bank

49.94% −5.08% from 2018 Global rank: 39th

Guinea-Bissau's trade openness was 49.94% in 2019, decreased +5.08% from 55.02% in 2018. This was the 39th highest globally.

Global Ranking - 2019▾

Trade Openness by Country - 2019
Rank	Country	Value	YoY
1st	Cuba	22.82%	-15.7%
2nd	Sudan	26.12%	19.4%
3rd	United States	26.45%	-4.2%
4th	Brazil	28.89%	0.0%
5th	Pakistan	28.91%	4.6%
6th	Bangladesh	31.58%	-2.9%
7th	Kenya	31.76%	-7.7%
8th	Argentina	32.63%	6.1%
9th	Tanzania	33.02%	1.2%
10th	China	35.20%	-4.6%
11th	Japan	35.22%	-3.8%
12th	Niger	37.10%	-1.2%
13th	Colombia	37.56%	2.8%
14th	Sierra Leone	37.56%	0.5%
15th	Indonesia	37.63%	-12.6%
16th	Uganda	39.36%	7.4%
17th	India	39.91%	-8.5%
18th	Egypt, Arab Republic of	41.12%	-10.4%
19th	Syrian Arab Republic	42.00%	-17.1%
20th	Comoros	42.27%	-1.7%
21st	Cameroon	43.38%	6.9%
22nd	Malawi	44.20%	1.4%
23rd	Turkmenistan	44.29%	-13.0%
24th	Haiti	44.57%	-1.3%
25th	Côte d'Ivoire	44.66%	-3.0%
26th	Guatemala	45.52%	-3.2%
27th	Bolivia, Plurinational State of	45.82%	-2.4%
28th	Australia	46.00%	5.6%
29th	Zimbabwe	46.11%	-15.5%
30th	Algeria	46.51%	-11.3%
31st	Chad	46.68%	-0.1%
32nd	Peru	46.94%	-3.5%
33rd	Ecuador	48.08%	0.2%
34th	Iran, Islamic Republic of	48.59%	-14.2%
35th	Russian Federation	49.23%	-4.6%
36th	Nepal	49.25%	1.7%
37th	Sri Lanka	49.43%	-0.8%
38th	Uruguay	49.74%	4.1%
39th	Guinea-Bissau	49.94%	-9.2%
40th	Central African Republic	50.07%	0.8%
41st	Dominican Republic	50.91%	-2.7%
42nd	South Africa	53.90%	-1.1%
43rd	Mali	54.00%	6.5%
44th	New Zealand	54.45%	-2.4%
45th	Gambia, The	56.00%	-13.6%
46th	Tajikistan	56.05%	0.4%
47th	Israel	56.33%	-4.1%
48th	Togo	56.34%	-2.1%
49th	Saudi Arabia	56.79%	-3.9%
50th	Chile	57.61%	-1.0%
51st	Rwanda	57.98%	3.9%
52nd	New Caledonia	58.21%	-1.5%
53rd	Italy	58.69%	-1.0%
54th	Burkina Faso	60.41%	-0.3%
55th	Angola	60.71%	3.1%
56th	Congo, Democratic Republic of	60.91%	-16.0%
57th	Türkiye	62.58%	-0.4%
58th	Madagascar	62.60%	-7.7%
59th	Lebanon	62.98%	-7.7%
60th	French Polynesia	63.31%	-2.6%
61st	Benin	63.68%	3.1%
62nd	Senegal	64.24%	4.0%
63rd	Kazakhstan	64.86%	2.1%
64th	Uzbekistan	64.96%	1.3%
65th	United Kingdom	65.00%	0.1%
66th	Costa Rica	65.76%	-1.8%
67th	Canada	66.17%	-0.6%
68th	Spain	66.37%	-1.0%
69th	France	66.43%	-0.6%
70th	Bahamas, The	68.79%	-4.7%
71st	Zambia	68.79%	-8.1%
72nd	Philippines	68.84%	-4.6%
73rd	Iraq	68.99%	4.8%
74th	West Bank and Gaza	68.99%	-3.4%
75th	Somalia, Fed. Rep.	70.30%	-4.8%
76th	Timor-Leste	70.61%	8.9%
77th	Norway	70.90%	1.3%
78th	Paraguay	71.22%	-1.2%
79th	Korea	71.45%	-4.4%
80th	Gabon	73.43%	-4.7%
81st	Albania	75.38%	-0.4%
82nd	Morocco	76.00%	-1.6%
83rd	El Salvador	76.04%	0.5%
84th	Bhutan	76.12%	-4.5%
85th	Ghana	76.82%	13.0%
86th	Mexico	77.46%	-3.4%
87th	Bermuda	77.56%	0.0%
88th	Guam	78.06%	7.0%
89th	Guinea	78.42%	-11.9%
90th	Libya	78.99%	23.9%
91st	Germany	79.07%	-0.1%
92nd	Panama	80.43%	-6.6%
93rd	Finland	80.56%	1.8%
94th	Greece	80.59%	1.7%
95th	Namibia	82.90%	1.5%
96th	Solomon Islands	83.00%	-6.2%
97th	Botswana	83.09%	-5.0%
98th	Samoa	83.33%	5.6%
99th	Iceland	83.79%	-5.8%
100th	Romania	84.91%	-2.5%
101st	Jordan	85.69%	-2.2%
102nd	Kosovo	85.75%	-0.7%
103rd	Azerbaijan	85.82%	-6.4%
104th	Oman	86.48%	-3.1%
105th	Eswatini	86.64%	1.3%
106th	Portugal	86.77%	0.0%
107th	Moldova	87.63%	0.2%
108th	Tonga	88.05%	2.3%
109th	Qatar	90.05%	-2.0%
110th	Ukraine	90.51%	-8.8%
111th	European Union	90.55%	0.1%
112th	Congo, Republic of	91.58%	-9.0%
113th	Kuwait	91.69%	-10.8%
114th	Greenland	92.19%	2.7%
115th	Sweden	92.75%	2.6%
116th	Mauritania	93.49%	4.9%
117th	Nicaragua	94.04%	0.1%
118th	Kyrgyz Republic	94.43%	-4.5%
119th	Bosnia and Herzegovina	94.52%	-4.0%
120th	Equatorial Guinea	94.88%	-8.5%
121st	Micronesia, Federated States of	95.69%	-7.6%
122nd	Armenia	97.85%	5.8%
123rd	Kiribati	98.31%	17.9%
124th	Vanuatu	99.38%	-10.2%
125th	Honduras	99.46%	-4.0%
126th	Croatia	101.39%	2.3%
127th	Poland	101.58%	-0.8%
128th	Tunisia	102.33%	-1.5%
129th	Belize	102.44%	1.4%
130th	Cabo Verde	103.60%	-2.1%
131st	Northern Mariana Islands	104.75%	-3.7%
132nd	Mozambique	105.59%	-15.3%
133rd	Puerto Rico (US)	107.57%	1.5%
134th	Serbia	107.58%	1.9%
135th	Austria	108.21%	-0.2%
136th	Brunei Darussalam	108.51%	15.6%
137th	Faroe Islands	108.62%	1.6%
138th	Thailand	109.69%	-9.2%
139th	Montenegro	110.02%	-1.0%
140th	Denmark	111.89%	2.8%
141st	Cayman Islands	114.84%	-1.9%
142nd	Macao SAR, China	115.23%	-1.1%
143rd	Palau	115.46%	-2.0%
144th	Cambodia	115.74%	-2.3%
145th	Georgia	117.81%	7.2%
146th	Malaysia	123.03%	-5.7%
147th	Switzerland	124.13%	-0.2%
148th	Mongolia	124.40%	-1.6%
149th	Bulgaria	125.26%	-3.0%
150th	Latvia	125.29%	-2.3%
151st	Mauritius	127.94%	3.6%
152nd	Belarus	130.85%	-6.1%
153rd	Bahrain	135.42%	-6.0%
154th	Maldives	137.13%	-3.8%
155th	Antigua and Barbuda	137.54%	5.3%
156th	Aruba	137.96%	-0.6%
157th	Czechia	138.15%	-4.8%
158th	North Macedonia	138.58%	4.0%
159th	Estonia	140.35%	-2.2%
160th	Lesotho	140.52%	-2.7%
161st	Lithuania	148.37%	0.8%
162nd	Cyprus	150.51%	2.0%
163rd	Marshall Islands	153.01%	19.1%
164th	Virgin Islands (US)	155.42%	-2.4%
165th	Nauru	155.91%	10.9%
166th	American Samoa	156.57%	-8.9%
167th	Hungary	159.93%	-1.7%
168th	Slovenia	160.04%	-1.6%
169th	Netherlands	160.68%	-1.8%
170th	United Arab Emirates	163.82%	5.9%
171st	Viet Nam	164.70%	0.0%
172nd	Belgium	165.47%	-1.7%
173rd	Seychelles	173.41%	-6.6%
174th	Slovak Republic	183.72%	-2.7%
175th	Malta	233.07%	2.2%
176th	Ireland	257.65%	15.8%
177th	San Marino	307.26%	-0.7%
178th	Djibouti	320.94%	6.8%
179th	Singapore	324.39%	-0.7%
180th	Hong Kong SAR, China	353.74%	-6.1%
181st	Luxembourg	382.66%	5.7%

FAQ

What was Guinea-Bissau's trade openness in 2019?▾

Guinea-Bissau's trade openness in 2019 was 49.94%. This ranked 39th globally.

How did Guinea-Bissau's trade openness change in 2019?▾

Guinea-Bissau's trade openness decreased by 9.2% in 2019 compared to 2018.

Which country had the highest trade openness in 2019?▾

Luxembourg had the highest trade openness in 2019 at 382.66%.

What is the trade openness of Guinea-Bissau in 2019?▾

The trade openness of Guinea-Bissau in 2019 was 49.94%. This ranked 39th globally.

How does 2019 compare to 2018 for Guinea-Bissau's trade openness?▾

Guinea-Bissau's trade openness went from 55.02% in 2018 to 49.94% in 2019, a 9.2% decrease.

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