Value of imported goods as a share of GDP in Guinea
Guinea: Value of imported goods as a share of GDP was 98.8% in 2014. ◆ Volatile
Value of imported goods as a share of GDP in Guinea, 1969–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in %.
Analysis
Guinea recorded 98.8% for value of imported goods as a share of gdp in 2014.
That represents a change of down 5.3% on the previous year and up 219.7% over ten years.
Over the whole period, value of imported goods as a share of gdp in Guinea peaked at 104.3% in 2013 and was at its lowest, 14.9%, in 1969.
That places Guinea 19th out of 193 countries with data for 2014, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Value of imported goods as a share of GDP in Guinea, year by year
| Year | % | Change |
|---|---|---|
| 1969 | 14.9% | — |
| 1970 | 16.4% | +10.4% |
| 1971 | 15.6% | -4.9% |
| 1972 | 19.6% | +25.3% |
| 1973 | 40.0% | +104.3% |
| 1974 | 30.4% | -24.0% |
| 1975 | 37.2% | +22.4% |
| 1976 | 41.4% | +11.2% |
| 1977 | 33.7% | -18.7% |
| 1978 | 33.5% | -0.4% |
| 1979 | 35.7% | +6.5% |
| 1980 | 36.9% | +3.3% |
| 1981 | 34.9% | -5.3% |
| 1982 | 26.5% | -24.0% |
| 1983 | 21.6% | -18.4% |
| 1984 | 33.8% | +56.0% |
| 1985 | 37.2% | +10.3% |
| 1986 | 17.8% | -52.1% |
| 1987 | 20.1% | +13.1% |
| 1988 | 18.3% | -9.1% |
| 1989 | 20.3% | +11.1% |
| 1990 | 21.9% | +7.5% |
| 1991 | 22.9% | +4.8% |
| 1992 | 26.3% | +14.7% |
| 1993 | 22.9% | -13.0% |
| 1994 | 20.0% | -12.5% |
| 1995 | 20.8% | +4.0% |
| 1996 | 20.4% | -1.7% |
| 1997 | 18.8% | -8.2% |
| 1998 | 18.6% | -1.1% |
| 1999 | 19.6% | +5.4% |
| 2000 | 21.5% | +9.8% |
| 2001 | 23.8% | +10.9% |
| 2002 | 29.8% | +25.2% |
| 2003 | 24.2% | -18.9% |
| 2004 | 30.9% | +27.8% |
| 2005 | 64.2% | +107.7% |
| 2006 | 77.8% | +21.2% |
| 2007 | 70.9% | -8.9% |
| 2008 | 84.1% | +18.7% |
| 2009 | 79.0% | -6.1% |
| 2010 | 85.0% | +7.5% |
| 2011 | 103.8% | +22.1% |
| 2012 | 103.2% | -0.6% |
| 2013 | 104.3% | +1.1% |
| 2014 | 98.8% | -5.3% |
Guinea compared with similar countries
- Guinea's 98.8% is above the median for lower middle income countries, which is 42.3%, 2.3× the median. (46 countries reporting)
- Guinea's 98.8% is above the median for Sub-Saharan Africa, which is 34.7%, 2.8× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Value of imported goods as a share 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 |
|---|---|---|---|
| 2005 | +107.7% | 30.9% | 64.2% |
| 1973 | +104.3% | 19.6% | 40.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 14.9% | 14.9% | 14.9% | 1 |
| 1970s | 30.4% | 15.6% | 41.4% | 10 |
| 1980s | 26.8% | 17.8% | 37.2% | 10 |
| 1990s | 21.2% | 18.6% | 26.3% | 10 |
| 2000s | 50.6% | 21.5% | 84.1% | 10 |
| 2010s | 99.0% | 85.0% | 104.3% | 5 |
Countries ranked near Guinea
- 16 Cambodia 104.4% compare
- 17 Lesotho 101.2% compare
- 18 Latvia 100.6% compare
- 20 Marshall Islands 96.4% compare
- 21 Antigua and Barbuda 94.5% compare
- 22 Seychelles 89.7% 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 value of imported goods as a share of gdp in Guinea?
- Value of imported goods as a share of gdp in Guinea was 98.8% in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Guinea?
- The highest recorded value was 104.3% in 2013.
- What is the lowest value of imported goods as a share of gdp recorded in Guinea?
- The lowest recorded value was 14.9% in 1969.
- How does Guinea rank for value of imported goods as a share of gdp?
- Guinea ranks 19th out of 193 countries with data for 2014.
- Is value of imported goods as a share of gdp rising or falling in Guinea?
- Over the last ten years it is up 219.7%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Estimates correspond to merchandise import-to-GDP ratios for countries and regions. All ratios are taken at current prices. See source for more details.