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% |
Guinea compared with similar countries
- Guinea's -20.9% is below the median for lower middle income countries, which is -9.2%, 2.3× the median. (45 countries reporting)
- Guinea's -20.9% is below the median for Sub-Saharan Africa, which is -6.9%, 3.0× the median. (45 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services as a percent of GDP 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 |
|---|---|---|---|
| 2006 | -9639.8% | -0.2% | -21.7% |
| 1988 | -553.0% | 0.6% | -2.9% |
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)
- SDRs holdings, US dollar, annual growth rate 470.07 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0005 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.9019 units per person (2025)
- SDRs holdings, SDR, annual growth rate 442.86 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0004 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.6586 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0091 units 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
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About this data
Exports of goods and services minus imports of goods and services divided by gross domestic product, expressed as a percentage.