Fuel exports (% of merchandise exports) — all countries

Fuel exports (% of merchandise exports) — Guinea-Bissau

Fuel exports (% of merchandise exports) in Guinea-Bissau in 2015 — 0%. Ranked 152 in the world out of 168. Since 1971, the indicator has fallen by 0 pp.

2015 0% −0.81 pp vs 2004
World rank 152of 168
Period maximum 0.81%2004
Period minimum 0%2015

Trend over time

1971–2015 · % of merchandise exports

Fuel exports (% of merchandise exports) — Guinea-Bissau, 1971–201500.250.50.75119711976198119861991199620012006201120151971: 0%1975: 0.3%2004: 0.81%2015: 0%
Change over the period: −0 pp Annual average: 0 pp

Comparison, 2015

How the value compares with the world and the groups this territory belongs to: Guinea-Bissau

Guinea-Bissau 0%
World 11.4%
Western Africa computed 56.98%
Low-income countries computed 10.27%
Fuel exports (% of merchandise exports) — Guinea-Bissau, by year Guinea-Bissau All countries CSV XLSX
Year % Change, pp
2015 0
2004 0.81
1975 0.3
1971 0

About the indicator

The share of fuel — oil, gas, coal and the products of their refining — in a country's merchandise exports. This is the most direct measure of commodity dependence: for a dozen states the share exceeds ninety percent, meaning that all other exports together take up less than a tenth. A high value speaks not of wealth but of fragility: the revenue of such a country moves with the price of a single commodity, over which it has no influence.

Important: The share is of merchandise exports, not of all exports: services do not enter the denominator. The aggregate for country groups is weighted by merchandise exports — the denominator of the indicator itself.

Source: UNCTADstat (UNCTAD), license CC BY 3.0 IGO.