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Guinea-Bissau: Merchandise exports to high-income economies (% of total merchandise exports)

In , Guinea-Bissau's Merchandise exports to high-income economies (% of total merchandise exports) was 67.33.

That's up 19.2% from 2022, the highest value since .

The global average for this indicator in 2023 was 60.91 . Guinea-Bissau ranks #97 globally out of 205 reporting countries. Within Sub-Saharan Africa, it ranks #14 of 48.

Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS) • Data as of 2023

Trend (2004–2023)

Guinea-Bissau Merchandise exports to high-income economies (% of total merchandise exports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
71.82
Trough
11.76
1-year change
+19.2%
5-year change
+219.4%
+26.1% / yr
10-year change
+211.2%
+12.0% / yr

Historical Data — Last 10 Years

Year Merchandise exports to high-income economies (% of total merchandise exports)
67.3274
56.4825
58.3973
57.5509
62.7182
21.0779
19.7023
14.3903
24.2703
19.9899

About Merchandise exports to high-income economies (% of total merchandise exports)

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

Indicator code: TX.VAL.MRCH.HI.ZSCategory: Trade & Finance

Frequently asked questions

What was Guinea-Bissau's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
In 2023, Guinea-Bissau's Merchandise exports to high-income economies (% of total merchandise exports) was 67.33, according to World Bank Open Data.
Is Guinea-Bissau's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
Guinea-Bissau's Merchandise exports to high-income economies (% of total merchandise exports) rose 19.2% from 2022 to 2023.
How does Guinea-Bissau rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
In 2023, Guinea-Bissau ranked #97 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
How does Guinea-Bissau's Merchandise exports to high-income economies (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to high-income economies (% of total merchandise exports) in 2023 was 60.91, so Guinea-Bissau is above the world average. Within Sub-Saharan Africa, it ranks #14 of 48.
What is Merchandise exports to high-income economies (% of total merchandise exports) and how is it measured?
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
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Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS), CC BY 4.0.