Merchandise trade as a share of GDP rose 0.707% to 63.0% in Guinea in 2024, according to the National Statistical Office.
Historically, merchandise trade as a share of GDP in Guinea reached an all time high of 89.8% in 2020 and an all time low of 3.62% in 1971. When compared to Guinea's main peers, merchandise trade as a share of GDP in Liberia amounted to 63.8%, 47.2% in Mali, 56.5% in Senegal and 43.4% in Sierra Leone in 2024.
Guinea has been ranked 68th within the group of 168 countries we follow in terms of merchandise trade as a share of GDP, 34 places above the position seen 10 years ago.
| Merchandise 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 | % | 45.3% | 41.3% | 34.9% | 40.9% | 46.4% | ||||||||||||||||
| Burkina Faso | % | 47.5% | 46.9% | 47.9% | 49.0% | 53.3% | ||||||||||||||||
| Gambia | % | 48.9% | 41.6% | 35.5% | 31.8% | 33.3% | ||||||||||||||||
| Ghana | % | 41.7% | 42.5% | 38.4% | 35.7% | 43.2% | ||||||||||||||||
| Guinea | % | 62.1% | 55.2% | 89.8% | 84.5% | 68.3% | ||||||||||||||||
| Ivory Coast | % | 39.1% | 38.4% | 36.5% | 40.3% | 48.4% | ||||||||||||||||
| Liberia | % | 49.4% | 47.5% | 50.6% | 63.2% | 63.9% | ||||||||||||||||
| Mali | % | 40.8% | 43.0% | 47.8% | 48.5% | 55.9% | ||||||||||||||||
| Mauritania | % | 70.0% | 73.3% | 67.5% | 77.3% | 93.1% | ||||||||||||||||
| Niger | % | 31.8% | 31.5% | 30.7% | 32.0% | 32.2% | ||||||||||||||||
| Senegal | % | 50.6% | 52.7% | 47.9% | 54.1% | 64.0% | ||||||||||||||||
| Sierra Leone | % | 29.9% | 32.7% | 38.4% | 34.9% | 42.5% |
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