Net primary income in Guinea
Guinea: Net primary income was -2.37 billion BoP, current US$ in 2024. ◆ Volatile
Net primary income in Guinea, 1986–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net primary income in Guinea stood at -2.37 billion BoP, current US$. That is the lowest value across all 39 years on record.
Compared with earlier readings it is down 22.6% on the previous year and down 1,016.1% over ten years.
Over the whole period, net primary income in Guinea peaked at -27.31 million BoP, current US$ in 2004 and was at its lowest, -2.37 billion BoP, current US$, in 2024.
Guinea ranks 134th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -144.22 million BoP, current US$ | -169.85 million BoP, current US$ | -124.15 million BoP, current US$ | 4 |
| 1990s | -111.01 million BoP, current US$ | -165.87 million BoP, current US$ | -73.23 million BoP, current US$ | 10 |
| 2000s | -77.63 million BoP, current US$ | -168.24 million BoP, current US$ | -27.31 million BoP, current US$ | 10 |
| 2010s | -159.45 million BoP, current US$ | -405.14 million BoP, current US$ | -50.63 million BoP, current US$ | 10 |
| 2020s | -1.09 billion BoP, current US$ | -2.37 billion BoP, current US$ | -144.79 million BoP, current US$ | 5 |
Countries ranked near Guinea
- 131 Papua New Guinea -1.90 billion BoP, current US$ compare
- 132 Paraguay -1.93 billion BoP, current US$ compare
- 133 Azerbaijan -1.99 billion BoP, current US$ compare
- 135 Georgia -2.37 billion BoP, current US$ compare
- 136 El Salvador -2.50 billion BoP, current US$ compare
- 137 Mozambique -2.52 billion BoP, current US$ compare
More economy & growth data for Guinea
- External balance on goods and services as a percent of GDP -20.9% (2025)
- Inflation of consumer prices 3.5% (2025)
- GDP per capita 1,098 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 12.7% (2022)
- Gross domestic product (GDP) 16.58 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 1,098 constant 2015 US$ (2025)
- DEC alternative conversion factor 8,638 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 3.40 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 393.46 million current US$ (2025)
- Taxes less subsidies on products 18.59 trillion current LCU (2025)
Frequently asked questions
- What is net primary income in Guinea?
- Net primary income in Guinea was -2.37 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net primary income recorded in Guinea?
- The highest recorded value was -27.31 million BoP, current US$ in 2004.
- What is the lowest net primary income recorded in Guinea?
- The lowest recorded value was -2.37 billion BoP, current US$ in 2024.
- How does Guinea rank for net primary income?
- Guinea ranks 134th out of 198 countries with data for 2024.
- Is net primary income rising or falling in Guinea?
- Over the last ten years it is down 1,016.1%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net primary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.