Guinea-Bissau - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in Guinea-Bissau was -14.86 as of 2020. Its highest value over the past 50 years was -4.70 in 2015, while its lowest value was -47.95 in 1985.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1970 | -26.19 |
| 1971 | -30.15 |
| 1972 | -31.27 |
| 1973 | -34.67 |
| 1974 | -34.23 |
| 1975 | -20.76 |
| 1976 | -22.66 |
| 1977 | -23.30 |
| 1978 | -28.32 |
| 1979 | -34.25 |
| 1980 | -29.15 |
| 1981 | -24.53 |
| 1982 | -33.44 |
| 1983 | -26.24 |
| 1984 | -37.88 |
| 1985 | -47.95 |
| 1986 | -26.60 |
| 1987 | -27.59 |
| 1988 | -38.73 |
| 1989 | -37.30 |
| 1990 | -27.10 |
| 1991 | -27.81 |
| 1992 | -45.21 |
| 1993 | -23.85 |
| 1994 | -17.85 |
| 1995 | -23.48 |
| 1996 | -21.31 |
| 1997 | -18.87 |
| 1998 | -21.40 |
| 1999 | -17.96 |
| 2000 | -11.36 |
| 2001 | -5.63 |
| 2002 | -5.52 |
| 2003 | -5.91 |
| 2004 | -7.93 |
| 2005 | -9.02 |
| 2006 | -14.75 |
| 2007 | -13.76 |
| 2008 | -12.94 |
| 2009 | -16.37 |
| 2010 | -20.32 |
| 2011 | -5.27 |
| 2012 | -10.22 |
| 2013 | -7.57 |
| 2014 | -11.18 |
| 2015 | -4.70 |
| 2016 | -4.80 |
| 2017 | -5.30 |
| 2018 | -5.47 |
| 2019 | -14.80 |
| 2020 | -14.86 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
