GDP$21.2BCURRENT US$Rnk 112 / 186 GDP GROWTH178%CURRENT US$Rnk 4 / 186
GDP$45.8BCURRENT US$Rnk 91 / 186 GDP GROWTH-50.6%CURRENT US$Rnk 186 / 186 GDP PC $1,532CURRENT US$Rnk 157 / 186GDP PC GROWTH116%CURRENT US$Rnk 6 / 186GDP PC$6,716CURRENT US$Rnk 97 / 186GDP PC GROWTH-57.4%CURRENT US$Rnk 185 / 186In N/A, Guinea did not export any services to Libya.
Libya-Guinea In N/A, Libya did not export any products to Guinea.
In N/A, Libya did not export any services to Guinea.
Comparison: In 2022, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B). That same year, Libya ranked 104 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($36B).
This map shows whether countries import more from Guinea or Libya. Each country is colored based on the difference in imports they receive from Guinea and Libya or the difference in the growth in imports.
In 2022, countries that imported more from Guinea than Libya included India ($2.77B), China ($3.81B), and United Arab Emirates ($2.59B).
In 2022, countries that imported more from Libya than Guinea included Italy ($9.26B), Spain ($3.48B), and Germany ($3.32B).
) and Guinea () (2022)We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.
This visualization shows the product space at the HS4 level with the flags of Guinea and Libya. This means that a dot/product with the flag of Guinea indicates it has a comparative advantage over Libya. Similarly, a dot/product with the flag of Libya indicates it has a comparative advantage over Guinea.
) and Libya () (2016)
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