Exports of goods and non-financial services, growth in Guinea
Guinea: Exports of goods and non-financial services, growth was 0.2% in 2010. ◆ Volatile
Exports of goods and non-financial services, growth in Guinea, 1987–2010
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in %, constant LCU.
Analysis
In 2010, exports of goods and non-financial services, growth in Guinea stood at 0.2%.
The figure is up 106.6% on the previous year and up 120.0% over ten years.
Over the whole period, exports of goods and non-financial services, growth in Guinea peaked at 20.3% in 1989 and was at its lowest, -9.7%, in 1988.
That places Guinea 38th out of 47 countries with data for 2010, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods and non-financial services, growth in Guinea, year by year
| Year | %, constant LCU | Change |
|---|---|---|
| 1987 | 5.1% | — |
| 1988 | -9.7% | -290.2% |
| 1989 | 20.3% | -310.0% |
| 1990 | 4.3% | -79.0% |
| 1991 | 0.2% | -96.4% |
| 1992 | -2.6% | -1783.1% |
| 1993 | 13.5% | -617.0% |
| 1994 | -7.2% | -153.1% |
| 1995 | 4.5% | -162.6% |
| 1996 | -7.0% | -256.6% |
| 1997 | -7.3% | +3.1% |
| 1998 | 8.9% | -222.4% |
| 1999 | 7.2% | -19.3% |
| 2000 | -1.2% | -116.6% |
| 2001 | 7.7% | -747.4% |
| 2002 | -1.4% | -118.5% |
| 2003 | -3.8% | +167.1% |
| 2007 | 14.0% | -467.3% |
| 2008 | -7.2% | -151.3% |
| 2009 | -3.6% | -50.0% |
| 2010 | 0.2% | -106.6% |
Guinea compared with similar countries
- Guinea's 0.2% is below the median for lower middle income countries, which is 3.0%, 8% of the median. (22 countries reporting)
- Guinea's 0.2% is below the median for Sub-Saharan Africa, which is 6.4%, 4% of the median. (42 countries reporting)
Biggest year-on-year movements
Years where Exports of goods and non-financial services, growth 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 |
|---|---|---|---|
| 1992 | -1783.1% | 0.2% | -2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.2% | -9.7% | 20.3% | 3 |
| 1990s | 1.4% | -7.3% | 13.5% | 10 |
| 2000s | 0.6% | -7.2% | 14.0% | 7 |
| 2010s | 0.2% | 0.2% | 0.2% | 1 |
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 exports of goods and non-financial services, growth in Guinea?
- Exports of goods and non-financial services, growth in Guinea was 0.2% in 2010, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest exports of goods and non-financial services, growth recorded in Guinea?
- The highest recorded value was 20.3% in 1989.
- What is the lowest exports of goods and non-financial services, growth recorded in Guinea?
- The lowest recorded value was -9.7% in 1988.
- How does Guinea rank for exports of goods and non-financial services, growth?
- Guinea ranks 38th out of 47 countries with data for 2010.
- Is exports of goods and non-financial services, growth rising or falling in Guinea?
- Over the last ten years it is up 120.0%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Exports of goods and non-financial services, growth (%, constant LCU). Statizoid updates them automatically from the source API.
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About this data
"The annual rate of growth of exports of goods and non-financial services, as calculated from the constant local currency series. Exports of goods and services represent the value of all goods and other market services provided to or received from the rest of the world. Included is the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services. Data are in constant local currency. "