Net errors and omissions (BoP, current US$), annual growth rate in Guinea
Guinea: Net errors and omissions (BoP, current US$), annual growth rate was -59.18 % change on previous year in 2024. ◆ Volatile
Net errors and omissions (BoP, current US$), annual growth rate in Guinea, 1987–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Guinea recorded -59.18 % change on previous year for net errors and omissions (bop, current us$), annual growth rate in 2024.
The figure is up 93.4% on the previous year and down 76.6% over ten years.
Over the whole period, net errors and omissions (bop, current us$), annual growth rate in Guinea peaked at 915.24 % change on previous year in 2012 and was at its lowest, -890.34 % change on previous year, in 2023.
That places Guinea 135th out of 197 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions (BoP, current US$), annual growth rate in Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1987 | -139.99 % change on previous year | — |
| 1988 | 821.72 % change on previous year | -687.0% |
| 1989 | -168.53 % change on previous year | -120.5% |
| 1990 | 216.85 % change on previous year | -228.7% |
| 1991 | 116.42 % change on previous year | -46.3% |
| 1992 | -82.5 % change on previous year | -170.9% |
| 1993 | -640 % change on previous year | +675.7% |
| 1994 | 137.55 % change on previous year | -121.5% |
| 1995 | -13.29 % change on previous year | -109.7% |
| 1996 | 99.65 % change on previous year | -850.0% |
| 1997 | -30.02 % change on previous year | -130.1% |
| 1998 | -62.85 % change on previous year | +109.4% |
| 1999 | 19.18 % change on previous year | -130.5% |
| 2000 | 186.29 % change on previous year | +871.4% |
| 2001 | -54.11 % change on previous year | -129.0% |
| 2002 | 462.74 % change on previous year | -955.1% |
| 2003 | -206.67 % change on previous year | -144.7% |
| 2004 | 129.23 % change on previous year | -162.5% |
| 2005 | 44 % change on previous year | -66.0% |
| 2006 | -67.98 % change on previous year | -254.5% |
| 2007 | 395.95 % change on previous year | -682.5% |
| 2008 | -88.82 % change on previous year | -122.4% |
| 2009 | 160.41 % change on previous year | -280.6% |
| 2010 | 79.55 % change on previous year | -50.4% |
| 2011 | -146.98 % change on previous year | -284.8% |
| 2012 | 915.24 % change on previous year | -722.7% |
| 2013 | 639.94 % change on previous year | -30.1% |
| 2014 | -33.52 % change on previous year | -105.2% |
| 2015 | -99.9 % change on previous year | +198.1% |
| 2016 | 262.67 % change on previous year | -362.9% |
| 2017 | -63.83 % change on previous year | -124.3% |
| 2018 | 134.64 % change on previous year | -310.9% |
| 2019 | -64.35 % change on previous year | -147.8% |
| 2020 | -102.34 % change on previous year | +59.1% |
| 2022 | -93.86 % change on previous year | -8.3% |
| 2023 | -890.34 % change on previous year | +848.6% |
| 2024 | -59.18 % change on previous year | -93.4% |
Guinea compared with similar countries
- Guinea's -59.18 % change on previous year is below the median for lower middle income countries, which is 9.65 % change on previous year. (47 countries reporting)
- Guinea's -59.18 % change on previous year is below the median for Sub-Saharan Africa, which is -24.88 % change on previous year, 2.4× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 171.07 % change on previous year | -168.53 % change on previous year | 821.72 % change on previous year | 3 |
| 1990s | -23.9 % change on previous year | -640 % change on previous year | 216.85 % change on previous year | 10 |
| 2000s | 96.1 % change on previous year | -206.67 % change on previous year | 462.74 % change on previous year | 10 |
| 2010s | 162.35 % change on previous year | -146.98 % change on previous year | 915.24 % change on previous year | 10 |
| 2020s | -286.43 % change on previous year | -890.34 % change on previous year | -59.18 % change on previous year | 4 |
Countries ranked near Guinea
- 132 France -53.94 % change on previous year compare
- 133 Sudan -55.13 % change on previous year compare
- 134 Nepal -58.86 % change on previous year compare
- 136 Fiji -59.4 % change on previous year compare
- 137 Ireland -59.78 % change on previous year compare
- 138 Uzbekistan -62.88 % 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$), annual growth rate -28.7 % change on previous year (2024)
Frequently asked questions
- What is net errors and omissions (bop, current us$), annual growth rate in Guinea?
- Net errors and omissions (bop, current us$), annual growth rate in Guinea was -59.18 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net errors and omissions (bop, current us$), annual growth rate recorded in Guinea?
- The highest recorded value was 915.24 % change on previous year in 2012.
- What is the lowest net errors and omissions (bop, current us$), annual growth rate recorded in Guinea?
- The lowest recorded value was -890.34 % change on previous year in 2023.
- How does Guinea rank for net errors and omissions (bop, current us$), annual growth rate?
- Guinea ranks 135th out of 197 countries with data for 2024.
- Is net errors and omissions (bop, current us$), annual growth rate rising or falling in Guinea?
- Over the last ten years it is down 76.6%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from Statizoid (derived), published as part of Net errors and omissions (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 37 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net errors and omissions (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net errors and omissions Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net errors and omissions (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.