External balance on goods and services as a percent of GDP in Guinea
Guinea: External balance on goods and services as a percent of GDP was -20.9% in 2025. ◆ Volatile
External balance on goods and services as a percent of GDP in Guinea, 1986–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for external balance on goods and services as a percent of gdp in Guinea is -20.9%, measured in 2025.
Compared with earlier readings it is down 39.1% on the previous year and up 29.2% over ten years.
Over the whole period, external balance on goods and services as a percent of gdp in Guinea peaked at 2.1% in 1986 and was at its lowest, -53.1%, in 2016.
That places Guinea 157th out of 191 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services as a percent of GDP in Guinea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1986 | 2.1% | — |
| 1987 | 0.6% | -69.3% |
| 1988 | -2.9% | -553.0% |
| 1989 | 0.9% | -131.1% |
| 1990 | -1.6% | -281.0% |
| 1991 | -0.2% | -89.2% |
| 1992 | -0.8% | +370.6% |
| 1993 | -1.1% | +30.6% |
| 1994 | -2.1% | +98.7% |
| 1995 | -2.3% | +9.5% |
| 1996 | -3.5% | +51.2% |
| 1997 | -2.3% | -36.1% |
| 1998 | -3.9% | +71.2% |
| 1999 | -3.0% | -22.1% |
| 2000 | -3.0% | +0.9% |
| 2001 | -1.0% | -67.5% |
| 2002 | -1.7% | +73.1% |
| 2003 | 0.5% | -130.9% |
| 2004 | -0.8% | -254.3% |
| 2005 | -0.2% | -72.7% |
| 2006 | -21.7% | +9639.8% |
| 2007 | -24.0% | +10.5% |
| 2008 | -20.9% | -13.0% |
| 2009 | -24.8% | +18.6% |
| 2010 | -12.9% | -48.1% |
| 2011 | -20.8% | +61.3% |
| 2012 | -20.4% | -1.7% |
| 2013 | -27.5% | +34.7% |
| 2014 | -23.4% | -14.9% |
| 2015 | -29.4% | +25.9% |
| 2016 | -53.1% | +80.3% |
| 2017 | -11.9% | -77.5% |
| 2018 | -8.6% | -28.2% |
| 2019 | -8.3% | -2.8% |
| 2020 | -21.8% | +162.0% |
| 2021 | -2.8% | -87.4% |
| 2022 | -3.3% | +20.7% |
| 2023 | -7.6% | +127.3% |
| 2024 | -15.0% | +98.2% |
| 2025 | -20.9% | +39.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2% | -2.9% | 2.1% | 4 |
| 1990s | -2.1% | -3.9% | -0.2% | 10 |
| 2000s | -9.8% | -24.8% | 0.5% | 10 |
| 2010s | -21.6% | -53.1% | -8.3% | 10 |
| 2020s | -11.9% | -21.8% | -2.8% | 6 |
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)
- Households and NPISHs Final consumption expenditure (current LCU) 10.99 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 5,799 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 10.89 million current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 5 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.3845 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 721.88 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 14.67 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.8386 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is external balance on goods and services as a percent of gdp in Guinea?
- External balance on goods and services as a percent of gdp in Guinea was -20.9% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest external balance on goods and services as a percent of gdp recorded in Guinea?
- The highest recorded value was 2.1% in 1986.
- What is the lowest external balance on goods and services as a percent of gdp recorded in Guinea?
- The lowest recorded value was -53.1% in 2016.
- How does Guinea rank for external balance on goods and services as a percent of gdp?
- Guinea ranks 157th out of 191 countries with data for 2025.
- Is external balance on goods and services as a percent of gdp rising or falling in Guinea?
- Over the last ten years it is up 29.2%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of External balance on goods and services as a percent of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.