Annual growth of imports of goods and services in Guinea-Bissau
Guinea-Bissau: Annual growth of imports of goods and services was 2.4% in 2024. ◆ Volatile
Annual growth of imports of goods and services in Guinea-Bissau, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Guinea-Bissau recorded 2.4% for annual growth of imports of goods and services in 2024.
Compared with earlier readings it is up 139.8% on the previous year and down 85.5% over ten years.
Over the whole period, annual growth of imports of goods and services in Guinea-Bissau peaked at 50.3% in 2004 and was at its lowest, -20.2%, in 2002.
That places Guinea-Bissau 118th out of 186 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of imports of goods and services in Guinea-Bissau, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 19.1% | — |
| 2001 | 7.0% | -63.2% |
| 2002 | -20.2% | -387.6% |
| 2003 | -18.3% | -9.4% |
| 2004 | 50.3% | -375.0% |
| 2005 | -9.1% | -118.2% |
| 2006 | 16.6% | -282.1% |
| 2007 | 9.4% | -43.2% |
| 2008 | 12.6% | +33.3% |
| 2009 | -11.0% | -187.5% |
| 2010 | 4.4% | -140.4% |
| 2011 | 5.1% | +13.7% |
| 2012 | -5.3% | -204.0% |
| 2013 | -8.8% | +67.2% |
| 2014 | 16.7% | -290.2% |
| 2015 | 13.8% | -17.4% |
| 2016 | 10.2% | -26.2% |
| 2017 | 10.4% | +1.8% |
| 2018 | 7.6% | -26.3% |
| 2019 | 11.9% | +56.5% |
| 2020 | -10.9% | -191.2% |
| 2021 | 3.7% | -134.0% |
| 2022 | 10.6% | +184.9% |
| 2023 | -6.1% | -157.7% |
| 2024 | 2.4% | -139.8% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 2.4% is below the median for low income countries, which is 9.0%, 27% of the median. (20 countries reporting)
- Guinea-Bissau's 2.4% is below the median for Sub-Saharan Africa, which is 5.0%, 49% of the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.6% | -20.2% | 50.3% | 10 |
| 2010s | 6.6% | -8.8% | 16.7% | 10 |
| 2020s | -0.1% | -10.9% | 10.6% | 5 |
Countries ranked near Guinea-Bissau
More economy & growth data for Guinea-Bissau
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.42 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 389,069 BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0002 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.1767 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 26.65 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 6.04 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0121 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 12.11 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 8.88 % change on previous year (2025)
Frequently asked questions
- What is annual growth of imports of goods and services in Guinea-Bissau?
- Annual growth of imports of goods and services in Guinea-Bissau was 2.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of imports of goods and services recorded in Guinea-Bissau?
- The highest recorded value was 50.3% in 2004.
- What is the lowest annual growth of imports of goods and services recorded in Guinea-Bissau?
- The lowest recorded value was -20.2% in 2002.
- How does Guinea-Bissau rank for annual growth of imports of goods and services?
- Guinea-Bissau ranks 118th out of 186 countries with data for 2024.
- Is annual growth of imports of goods and services rising or falling in Guinea-Bissau?
- Over the last ten years it is down 85.5%. The long-run trend across the full record is volatile.
- Where does this Guinea-Bissau data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of imports of goods and services (%). Statizoid updates them automatically from the source API.
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