Imports of goods and services (BoP, current US$), annual growth rate in Guinea
Guinea: Imports of goods and services (BoP, current US$), annual growth rate was 22.32 % change on previous year in 2024. ◆ Volatile
Imports of goods and services (BoP, current US$), annual growth rate in Guinea, 1987–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, imports of goods and services (bop, current us$), annual growth rate in Guinea stood at 22.32 % change on previous year.
That represents a change of down 50.9% on the previous year and up 1,059.7% over ten years.
Over the whole period, imports of goods and services (bop, current us$), annual growth rate in Guinea peaked at 90.64 % change on previous year in 2016 and was at its lowest, -23.18 % change on previous year, in 2009.
That places Guinea 11th out of 199 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services (BoP, current US$), annual growth rate in Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1987 | -4.6 % change on previous year | — |
| 1988 | 38.77 % change on previous year | -942.0% |
| 1989 | 6.73 % change on previous year | -82.6% |
| 1990 | 20.43 % change on previous year | +203.6% |
| 1991 | 9.41 % change on previous year | -53.9% |
| 1992 | -10.72 % change on previous year | -213.9% |
| 1993 | -1.45 % change on previous year | -86.5% |
| 1994 | 14.6 % change on previous year | -1106.2% |
| 1995 | -3.83 % change on previous year | -126.3% |
| 1996 | -6.29 % change on previous year | +63.9% |
| 1997 | -11.97 % change on previous year | +90.5% |
| 1998 | 14.46 % change on previous year | -220.8% |
| 1999 | -0.9025 % change on previous year | -106.2% |
| 2000 | -7.86 % change on previous year | +770.6% |
| 2001 | -1.79 % change on previous year | -77.2% |
| 2002 | 13.85 % change on previous year | -873.1% |
| 2003 | -5.15 % change on previous year | -137.2% |
| 2004 | 4.24 % change on previous year | -182.2% |
| 2005 | 6.63 % change on previous year | +56.5% |
| 2006 | 22.23 % change on previous year | +235.1% |
| 2007 | 20.44 % change on previous year | -8.1% |
| 2008 | 19.68 % change on previous year | -3.7% |
| 2009 | -23.18 % change on previous year | -217.8% |
| 2010 | 29.45 % change on previous year | -227.1% |
| 2011 | 48.47 % change on previous year | +64.6% |
| 2012 | 17.3 % change on previous year | -64.3% |
| 2013 | -8.72 % change on previous year | -150.4% |
| 2014 | 1.93 % change on previous year | -122.1% |
| 2015 | -7.61 % change on previous year | -495.5% |
| 2016 | 90.64 % change on previous year | -1290.4% |
| 2017 | -17.48 % change on previous year | -119.3% |
| 2018 | -1.33 % change on previous year | -92.4% |
| 2019 | 3.26 % change on previous year | -345.7% |
| 2020 | 46.14 % change on previous year | +1315.0% |
| 2021 | -15.21 % change on previous year | -133.0% |
| 2022 | 7.39 % change on previous year | -148.6% |
| 2023 | 45.44 % change on previous year | +515.0% |
| 2024 | 22.32 % change on previous year | -50.9% |
Guinea compared with similar countries
- Guinea's 22.32 % change on previous year is above the median for lower middle income countries, which is 5.68 % change on previous year, 3.9× the median. (47 countries reporting)
- Guinea's 22.32 % change on previous year is above the median for Sub-Saharan Africa, which is 5.37 % change on previous year, 4.2× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 13.63 % change on previous year | -4.6 % change on previous year | 38.77 % change on previous year | 3 |
| 1990s | 2.37 % change on previous year | -11.97 % change on previous year | 20.43 % change on previous year | 10 |
| 2000s | 4.91 % change on previous year | -23.18 % change on previous year | 22.23 % change on previous year | 10 |
| 2010s | 15.59 % change on previous year | -17.48 % change on previous year | 90.64 % change on previous year | 10 |
| 2020s | 21.22 % change on previous year | -15.21 % change on previous year | 46.14 % change on previous year | 5 |
Countries ranked near Guinea
- 8 Switzerland 25.66 % change on previous year compare
- 9 Tajikistan 25.11 % change on previous year compare
- 10 Mongolia 22.48 % change on previous year compare
- 12 Uganda 21.11 % change on previous year compare
- 13 Faroe Islands 20.92 % change on previous year compare
- 14 Nauru 20.43 % change on previous year compare
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$), annual growth rate -28.7 % change on previous year (2024)
Frequently asked questions
- What is imports of goods and services (bop, current us$), annual growth rate in Guinea?
- Imports of goods and services (bop, current us$), annual growth rate in Guinea was 22.32 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest imports of goods and services (bop, current us$), annual growth rate recorded in Guinea?
- The highest recorded value was 90.64 % change on previous year in 2016.
- What is the lowest imports of goods and services (bop, current us$), annual growth rate recorded in Guinea?
- The lowest recorded value was -23.18 % change on previous year in 2009.
- How does Guinea rank for imports of goods and services (bop, current us$), annual growth rate?
- Guinea ranks 11th out of 199 countries with data for 2024.
- Is imports of goods and services (bop, current us$), annual growth rate rising or falling in Guinea?
- Over the last ten years it is up 1,059.7%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from Statizoid (derived), published as part of Imports of goods and services (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Imports of goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Imports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Imports of goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.