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Guinea - Trade Openness 1989

Name: Guinea Trade Openness 1989
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Trade as % of GDP · World Bank

41.75% +2.01% from 1988 Global rank: 37th

Guinea's trade openness was 41.75% in 1989, increased +2.01% from 39.74% in 1988. This was the 37th highest globally.

Global Ranking - 1989▾

Trade Openness by Country - 1989
Rank	Country	Value	YoY
1st	Brazil	14.39%	-19.0%
2nd	Sudan	14.69%	27.9%
3rd	India	15.17%	12.4%
4th	Bangladesh	18.33%	3.7%
5th	Japan	18.54%	9.8%
6th	United States	19.42%	1.8%
7th	Argentina	19.64%	24.7%
8th	Peru	22.54%	-32.2%
9th	Rwanda	23.43%	-3.3%
10th	China	25.06%	-16.5%
11th	Uganda	26.05%	2.8%
12th	Iran, Islamic Republic of	27.94%	29.4%
13th	Madagascar	31.76%	4.2%
14th	Colombia	31.82%	5.6%
15th	Australia	32.02%	-1.5%
16th	Burkina Faso	32.39%	-15.0%
17th	Nepal	33.35%	-1.4%
18th	Türkiye	33.98%	-6.1%
19th	Pakistan	34.42%	3.4%
20th	Mali	34.62%	-7.6%
21st	Comoros	35.76%	0.0%
22nd	El Salvador	36.93%	-3.1%
23rd	Italy	36.97%	5.5%
24th	Spain	37.43%	1.8%
25th	Benin	38.30%	-16.5%
26th	Mexico	38.33%	-1.2%
27th	Cameroon	38.48%	20.3%
28th	Greece	39.71%	2.9%
29th	Guatemala	39.78%	4.6%
30th	Niger	39.90%	-4.8%
31st	Albania	40.07%	8.6%
32nd	Haiti	40.56%	-16.8%
33rd	Ghana	41.09%	-2.7%
34th	Uruguay	41.19%	3.5%
35th	Philippines	41.28%	5.0%
36th	Sierra Leone	41.59%	-3.5%
37th	Guinea	41.75%	5.1%
38th	South Africa	42.70%	-6.9%
39th	Russian Federation	42.91%	-
40th	Senegal	42.96%	5.7%
41st	Lao PDR	44.13%	-3.1%
42nd	Iraq	44.84%	5.5%
43rd	Germany	45.04%	6.3%
44th	Zimbabwe	45.06%	2.2%
45th	Ecuador	45.11%	5.7%
46th	Chad	45.19%	0.1%
47th	Bolivia, Plurinational State of	45.65%	8.9%
48th	France	46.01%	6.4%
49th	Central African Republic	46.77%	9.3%
50th	Algeria	47.15%	23.7%
51st	Finland	47.88%	-0.6%
52nd	Somalia, Fed. Rep.	48.62%	82.3%
53rd	United Kingdom	48.68%	2.8%
54th	Indonesia	49.08%	3.9%
55th	Canada	50.07%	-2.5%
56th	Egypt, Arab Republic of	50.13%	-4.7%
57th	Morocco	50.35%	0.4%
58th	Korea	51.33%	-9.8%
59th	New Zealand	51.98%	7.4%
60th	Kenya	53.16%	6.4%
61st	European Union	54.38%	5.4%
62nd	Guinea-Bissau	55.08%	-13.4%
63rd	Viet Nam	57.90%	205.6%
64th	Brunei Darussalam	58.12%	11.7%
65th	Sweden	59.13%	1.2%
66th	Syrian Arab Republic	60.17%	40.7%
67th	Côte d'Ivoire	61.09%	4.6%
68th	Iceland	61.79%	0.6%
69th	Seychelles	61.87%	-2.9%
70th	Chile	62.63%	7.7%
71st	Israel	62.90%	4.4%
72nd	Sri Lanka	64.02%	1.8%
73rd	Ukraine	64.22%	-
74th	Portugal	64.87%	2.6%
75th	Denmark	67.10%	5.2%
76th	Bhutan	68.81%	-14.5%
77th	Dominican Republic	69.47%	-2.6%
78th	Norway	69.64%	8.4%
79th	Austria	70.82%	6.0%
80th	Saudi Arabia	71.82%	8.0%
81st	Thailand	72.41%	7.4%
82nd	Costa Rica	73.58%	5.4%
83rd	Cuba	75.93%	1.1%
84th	Mongolia	76.36%	-19.2%
85th	Belize	78.42%	-3.8%
86th	Mauritania	78.69%	-5.6%
87th	Honduras	79.60%	15.6%
88th	Faroe Islands	79.89%	-7.0%
89th	Cabo Verde	81.44%	6.9%
90th	Paraguay	82.96%	-2.5%
91st	Congo, Republic of	83.35%	2.8%
92nd	Gabon	86.99%	10.8%
93rd	Georgia	87.78%	-0.9%
94th	Tonga	87.91%	-1.8%
95th	Switzerland	88.43%	5.9%
96th	Togo	89.09%	-1.1%
97th	Tunisia	92.01%	10.0%
98th	Papua New Guinea	93.39%	-1.9%
99th	Kuwait	93.77%	3.6%
100th	Vanuatu	94.09%	4.9%
101st	Bulgaria	94.58%	3.4%
102nd	Namibia	96.38%	5.9%
103rd	Nicaragua	97.73%	28.2%
104th	Botswana	105.36%	-7.9%
105th	Netherlands	106.12%	6.1%
106th	Puerto Rico (US)	107.94%	10.3%
107th	Panama	109.60%	12.2%
108th	Lebanon	109.93%	-
109th	Bahamas, The	111.00%	-5.2%
110th	Cyprus	111.33%	9.6%
111th	Ireland	112.47%	6.9%
112th	Gambia, The	120.34%	10.6%
113th	Belgium	124.94%	7.3%
114th	Jordan	130.45%	20.6%
115th	Kiribati	130.52%	6.9%
116th	Mauritius	133.93%	1.0%
117th	Malaysia	136.69%	11.5%
118th	Guyana	139.87%	6.3%
119th	Malta	154.60%	2.9%
120th	Bahrain	163.82%	7.8%
121st	Macao SAR, China	190.99%	-2.4%
122nd	Luxembourg	191.01%	1.1%
123rd	Solomon Islands	193.46%	0.4%
124th	Hong Kong SAR, China	225.20%	-2.7%
125th	Singapore	347.57%	-3.4%

FAQ

What was Guinea's trade openness in 1989?▾

Guinea's trade openness in 1989 was 41.75%. This ranked 37th globally.

How did Guinea's trade openness change in 1989?▾

Guinea's trade openness increased by 5.1% in 1989 compared to 1988.

Which country had the highest trade openness in 1989?▾

Singapore had the highest trade openness in 1989 at 347.57%.

What is the trade openness of Guinea in 1989?▾

The trade openness of Guinea in 1989 was 41.75%. This ranked 37th globally.

How does 1989 compare to 1988 for Guinea's trade openness?▾

Guinea's trade openness went from 39.74% in 1988 to 41.75% in 1989, a 5.1% increase.

HistorySaid - pattern alert

Guinea matched the Fiscal Dominance Trap pattern in 1989. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 19.7%. View full analysis →

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