Guinea-Bissau - Merchandise imports from high-income economies (% of total merchandise imports)

Merchandise imports from high-income economies (% of total merchandise imports) in Guinea-Bissau was 53.81 as of 2020. Its highest value over the past 52 years was 93.14 in 1971, while its lowest value was 42.47 in 2005.

Definition: Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1968 88.07
1970 89.71
1971 93.14
1972 92.19
1973 87.59
1974 86.92
1975 63.20
1976 74.49
1977 72.35
1978 83.44
1979 70.97
1980 70.56
1981 73.49
1982 75.50
1983 62.83
1984 75.35
1985 67.70
1986 64.43
1987 76.90
1988 76.24
1989 74.92
1990 74.76
1991 62.98
1992 63.68
1993 46.17
1994 52.20
1995 54.59
1996 69.73
1997 61.74
1998 60.09
1999 44.13
2000 55.16
2001 60.80
2002 60.63
2003 49.06
2004 51.45
2005 42.47
2006 53.46
2007 61.62
2008 56.28
2009 55.92
2010 56.24
2011 64.71
2012 63.64
2013 57.96
2014 56.68
2015 59.94
2016 58.68
2017 63.45
2018 66.87
2019 64.27
2020 53.81

Development Relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies.

Limitations and Exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports