Foreign trade as a share of GDP rose 4.45% to 100% in Guinea in 2024, according to the National Statistical Office.
Historically, foreign trade as a share of GDP in Guinea reached an all time high of 116% in 2020 and an all time low of 29.1% in 1997.
Guinea has been ranked 42nd within the group of 130 countries we follow in terms of foreign trade as a share of GDP, 45 places above the position seen 10 years ago.
Foreign Trade (As % of GDP) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Algeria | % | 52.4% | 46.5% | 40.4% | 46.8% | 51.2% | ... | |||||||||||||||
Burkina Faso | % | 60.6% | 60.4% | 60.7% | 62.4% | 64.8% | ||||||||||||||||
Gambia | % | 64.8% | 56.0% | 47.4% | 42.1% | 44.7% | ||||||||||||||||
Ghana | % | 68.0% | 76.8% | 66.6% | 62.7% | 70.1% | ||||||||||||||||
Guinea | % | 89.0% | 78.4% | 116% | 115% | 94.2% | ||||||||||||||||
Ivory Coast | % | 46.0% | 44.7% | 41.9% | 45.1% | 52.9% | ||||||||||||||||
Liberia | % | 120% | 127% | 123% | ... | ... | ... | ... | ||||||||||||||
Mali | % | 50.7% | 54.0% | 56.0% | 56.7% | 61.7% | ||||||||||||||||
Mauritania | % | 89.1% | 93.5% | 86.8% | 88.3% | 102% | ... | |||||||||||||||
Niger | % | 37.5% | 37.1% | 35.5% | 37.0% | 52.8% | ||||||||||||||||
Senegal | % | 61.8% | 64.2% | 60.0% | 69.4% | 79.6% | ||||||||||||||||
Sierra Leone | % | 37.4% | 37.5% | 30.6% | 42.1% | 45.0% |