Annual growth of imports of goods and services in Guinea
Guinea: Annual growth of imports of goods and services was 22.0% in 2024. ◆ Volatile
Annual growth of imports of goods and services in Guinea, 2007–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual growth of imports of goods and services in Guinea stood at 22.0%.
That represents a change of down 12.0% on the previous year and up 543.9% over ten years.
Over the whole period, annual growth of imports of goods and services in Guinea peaked at 73.5% in 2020 and was at its lowest, -17.6%, in 2017.
That places Guinea 9th out of 186 countries with data for 2024, putting it in the top 10%.
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, year by year
| Year | Value | Change |
|---|---|---|
| 2007 | 18.1% | — |
| 2008 | -8.3% | -145.9% |
| 2009 | 2.7% | -133.0% |
| 2010 | 3.5% | +28.9% |
| 2011 | 8.2% | +132.0% |
| 2012 | 12.8% | +56.2% |
| 2013 | 8.5% | -33.4% |
| 2014 | -5.0% | -158.1% |
| 2015 | 9.4% | -290.4% |
| 2016 | 71.0% | +652.1% |
| 2017 | -17.6% | -124.8% |
| 2018 | -5.6% | -68.0% |
| 2019 | -1.7% | -70.5% |
| 2020 | 73.5% | -4524.7% |
| 2021 | -3.5% | -104.8% |
| 2022 | -13.3% | +279.1% |
| 2023 | 25.0% | -288.1% |
| 2024 | 22.0% | -12.0% |
Guinea compared with similar countries
- Guinea's 22.0% is above the median for lower middle income countries, which is 3.6%, 6.1× the median. (40 countries reporting)
- Guinea's 22.0% is above the median for Sub-Saharan Africa, which is 5.0%, 4.4× the median. (41 countries reporting)
Biggest year-on-year movements
Years where Annual growth of imports of goods and services in Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +4524.7% | -1.7% | 73.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.2% | -8.3% | 18.1% | 3 |
| 2010s | 8.4% | -17.6% | 71.0% | 10 |
| 2020s | 20.7% | -13.3% | 73.5% | 5 |
Countries ranked near Guinea
More economy & growth data for Guinea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.64 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 30,000 BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.002 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.40 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 6.61 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0561 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 95.01 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -28.7 % change on previous year (2024)
Frequently asked questions
- What is annual growth of imports of goods and services in Guinea?
- Annual growth of imports of goods and services in Guinea was 22.0% 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?
- The highest recorded value was 73.5% in 2020.
- What is the lowest annual growth of imports of goods and services recorded in Guinea?
- The lowest recorded value was -17.6% in 2017.
- How does Guinea rank for annual growth of imports of goods and services?
- Guinea ranks 9th out of 186 countries with data for 2024.
- Is annual growth of imports of goods and services rising or falling in Guinea?
- Over the last ten years it is up 543.9%. The long-run trend across the full record is volatile.
- Where does this Guinea 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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