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
Latest (2024)
2.4%
Change on year
up 139.8%
World rank
111th
of 176 countries
All-time high
50.3%
in 2004
All-time low
-20.2%
in 2002
Years of data
25
2000–2024
Annual growth of imports of goods and services in Guinea-Bissau, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Guinea-Bissau recorded 2.4% for annual growth of imports of goods and services in 2024.
The figure 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.
Guinea-Bissau ranks 111th of 176 countries on this measure, 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 | % | Change |
|---|---|---|
| 2000 | 19.1% | — |
| 2001 | 7.0% | -63.2% |
| 2002 | -20.2% | -387.6% |
| 2003 | -18.3% | -9.5% |
| 2004 | 50.3% | -375.1% |
| 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% | -140.3% |
| 2011 | 5.0% | +13.7% |
| 2012 | -5.3% | -204.2% |
| 2013 | -8.8% | +67.1% |
| 2014 | 16.7% | -290.2% |
| 2015 | 13.8% | -17.4% |
| 2016 | 10.2% | -26.3% |
| 2017 | 10.4% | +1.9% |
| 2018 | 7.6% | -26.3% |
| 2019 | 11.9% | +56.4% |
| 2020 | -10.9% | -191.2% |
| 2021 | 3.7% | -134.0% |
| 2022 | 10.6% | +184.6% |
| 2023 | -6.1% | -157.8% |
| 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. (22 countries reporting)
- Guinea-Bissau's 2.4% is below the median for Sub-Saharan Africa, which is 7.0%, 35% of the median. (45 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 World Bank – processed by Our World in Data.
- 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 111th out of 176 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 World Bank – processed by Our World in Data, published as part of Annual growth of imports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of imports of goods and services (%).