Imports of goods and services (BoP, current US$), per unit of GDP in Guinea
Guinea: Imports of goods and services (BoP, current US$), per unit of GDP was 0.409 BoP, current US$ per US$ of GDP in 2024. ▲ Rising
Imports of goods and services (BoP, current US$), per unit of GDP in Guinea, 1986–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
Guinea recorded 0.409 BoP, current US$ per US$ of GDP for imports of goods and services (bop, current us$), per unit of gdp in 2024.
That represents a change of up 9.6% on the previous year and up 23.1% over ten years.
Over the whole period, imports of goods and services (bop, current us$), per unit of gdp in Guinea peaked at 0.5977 BoP, current US$ per US$ of GDP in 2016 and was at its lowest, 0.1512 BoP, current US$ per US$ of GDP, in 1997.
Guinea ranks 114th of 199 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 39 years of available data.
Imports of goods and services (BoP, current US$), per unit of GDP in Guinea, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1986 | 0.1925 BoP, current US$ per US$ of GDP | — |
| 1987 | 0.1795 BoP, current US$ per US$ of GDP | -6.8% |
| 1988 | 0.2133 BoP, current US$ per US$ of GDP | +18.8% |
| 1989 | 0.2232 BoP, current US$ per US$ of GDP | +4.6% |
| 1990 | 0.2451 BoP, current US$ per US$ of GDP | +9.8% |
| 1991 | 0.2372 BoP, current US$ per US$ of GDP | -3.2% |
| 1992 | 0.1944 BoP, current US$ per US$ of GDP | -18.0% |
| 1993 | 0.1919 BoP, current US$ per US$ of GDP | -1.3% |
| 1994 | 0.2131 BoP, current US$ per US$ of GDP | +11.1% |
| 1995 | 0.1877 BoP, current US$ per US$ of GDP | -11.9% |
| 1996 | 0.168 BoP, current US$ per US$ of GDP | -10.5% |
| 1997 | 0.1512 BoP, current US$ per US$ of GDP | -10.0% |
| 1998 | 0.1825 BoP, current US$ per US$ of GDP | +20.7% |
| 1999 | 0.1875 BoP, current US$ per US$ of GDP | +2.7% |
| 2000 | 0.1996 BoP, current US$ per US$ of GDP | +6.5% |
| 2001 | 0.2075 BoP, current US$ per US$ of GDP | +4.0% |
| 2002 | 0.2266 BoP, current US$ per US$ of GDP | +9.2% |
| 2003 | 0.184 BoP, current US$ per US$ of GDP | -18.8% |
| 2004 | 0.1818 BoP, current US$ per US$ of GDP | -1.2% |
| 2005 | 0.2399 BoP, current US$ per US$ of GDP | +32.0% |
| 2006 | 0.2976 BoP, current US$ per US$ of GDP | +24.0% |
| 2007 | 0.2408 BoP, current US$ per US$ of GDP | -19.1% |
| 2008 | 0.26 BoP, current US$ per US$ of GDP | +8.0% |
| 2009 | 0.2071 BoP, current US$ per US$ of GDP | -20.3% |
| 2010 | 0.2627 BoP, current US$ per US$ of GDP | +26.9% |
| 2011 | 0.394 BoP, current US$ per US$ of GDP | +50.0% |
| 2012 | 0.4105 BoP, current US$ per US$ of GDP | +4.2% |
| 2013 | 0.3417 BoP, current US$ per US$ of GDP | -16.8% |
| 2014 | 0.3323 BoP, current US$ per US$ of GDP | -2.7% |
| 2015 | 0.3065 BoP, current US$ per US$ of GDP | -7.8% |
| 2016 | 0.5977 BoP, current US$ per US$ of GDP | +95.0% |
| 2017 | 0.4107 BoP, current US$ per US$ of GDP | -31.3% |
| 2018 | 0.3528 BoP, current US$ per US$ of GDP | -14.1% |
| 2019 | 0.3214 BoP, current US$ per US$ of GDP | -8.9% |
| 2020 | 0.4481 BoP, current US$ per US$ of GDP | +39.4% |
| 2021 | 0.3136 BoP, current US$ per US$ of GDP | -30.0% |
| 2022 | 0.2887 BoP, current US$ per US$ of GDP | -7.9% |
| 2023 | 0.3731 BoP, current US$ per US$ of GDP | +29.2% |
| 2024 | 0.409 BoP, current US$ per US$ of GDP | +9.6% |
Guinea compared with similar countries
- Guinea's 0.409 BoP, current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.3549 BoP, current US$ per US$ of GDP, 1.2× the median. (47 countries reporting)
- Guinea's 0.409 BoP, current US$ per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.345 BoP, current US$ per US$ of GDP, 1.2× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2021 BoP, current US$ per US$ of GDP | 0.1795 BoP, current US$ per US$ of GDP | 0.2232 BoP, current US$ per US$ of GDP | 4 |
| 1990s | 0.1958 BoP, current US$ per US$ of GDP | 0.1512 BoP, current US$ per US$ of GDP | 0.2451 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.2245 BoP, current US$ per US$ of GDP | 0.1818 BoP, current US$ per US$ of GDP | 0.2976 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.373 BoP, current US$ per US$ of GDP | 0.2627 BoP, current US$ per US$ of GDP | 0.5977 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.3665 BoP, current US$ per US$ of GDP | 0.2887 BoP, current US$ per US$ of GDP | 0.4481 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Guinea
- 111 Turks and Caicos Islands 0.4141 BoP, current US$ per US$ of GDP compare
- 112 Finland 0.4109 BoP, current US$ per US$ of GDP compare
- 113 Paraguay 0.4107 BoP, current US$ per US$ of GDP compare
- 115 South Korea 0.4089 BoP, current US$ per US$ of GDP compare
- 116 Romania 0.4082 BoP, current US$ per US$ of GDP compare
- 117 Mexico 0.4039 BoP, current US$ per US$ of GDP 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$), annual growth rate -28.7 % change on previous year (2024)
Frequently asked questions
- What is imports of goods and services (bop, current us$), per unit of gdp in Guinea?
- Imports of goods and services (bop, current us$), per unit of gdp in Guinea was 0.409 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest imports of goods and services (bop, current us$), per unit of gdp recorded in Guinea?
- The highest recorded value was 0.5977 BoP, current US$ per US$ of GDP in 2016.
- What is the lowest imports of goods and services (bop, current us$), per unit of gdp recorded in Guinea?
- The lowest recorded value was 0.1512 BoP, current US$ per US$ of GDP in 1997.
- How does Guinea rank for imports of goods and services (bop, current us$), per unit of gdp?
- Guinea ranks 114th out of 199 countries with data for 2024.
- Is imports of goods and services (bop, current us$), per unit of gdp rising or falling in Guinea?
- Over the last ten years it is up 23.1%. The long-run trend across the full record is rising.
- 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (BoP, current US$) ÷ GDP (current US$)
Computed from
- Imports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.