Net primary income (BoP, current US$) in Guinea
Guinea: Net primary income (BoP, current US$) 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$, in 2024.
Guinea ranks 138th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net primary income (BoP, current US$) in Guinea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1986 | -151.70 million BoP, current US$ | — |
| 1987 | -124.15 million BoP, current US$ | -18.2% |
| 1988 | -131.17 million BoP, current US$ | +5.7% |
| 1989 | -169.85 million BoP, current US$ | +29.5% |
| 1990 | -148.89 million BoP, current US$ | -12.3% |
| 1991 | -165.87 million BoP, current US$ | +11.4% |
| 1992 | -140.95 million BoP, current US$ | -15.0% |
| 1993 | -83.31 million BoP, current US$ | -40.9% |
| 1994 | -73.23 million BoP, current US$ | -12.1% |
| 1995 | -84.63 million BoP, current US$ | +15.6% |
| 1996 | -92.91 million BoP, current US$ | +9.8% |
| 1997 | -113.57 million BoP, current US$ | +22.2% |
| 1998 | -124.59 million BoP, current US$ | +9.7% |
| 1999 | -82.18 million BoP, current US$ | -34.0% |
| 2000 | -77.66 million BoP, current US$ | -5.5% |
| 2001 | -102.33 million BoP, current US$ | +31.8% |
| 2002 | -45.48 million BoP, current US$ | -55.6% |
| 2003 | -111.74 million BoP, current US$ | +145.7% |
| 2004 | -27.31 million BoP, current US$ | -75.6% |
| 2005 | -48.40 million BoP, current US$ | +77.2% |
| 2006 | -40.82 million BoP, current US$ | -15.7% |
| 2007 | -63.15 million BoP, current US$ | +54.7% |
| 2008 | -91.20 million BoP, current US$ | +44.4% |
| 2009 | -168.24 million BoP, current US$ | +84.5% |
| 2010 | -77.11 million BoP, current US$ | -54.2% |
| 2011 | -133.39 million BoP, current US$ | +73.0% |
| 2012 | -121.98 million BoP, current US$ | -8.6% |
| 2013 | -405.14 million BoP, current US$ | +232.1% |
| 2014 | -212.22 million BoP, current US$ | -47.6% |
| 2015 | -143.24 million BoP, current US$ | -32.5% |
| 2016 | -154.81 million BoP, current US$ | +8.1% |
| 2017 | -50.63 million BoP, current US$ | -67.3% |
| 2018 | -181.84 million BoP, current US$ | +259.2% |
| 2019 | -114.09 million BoP, current US$ | -37.3% |
| 2020 | -144.79 million BoP, current US$ | +26.9% |
| 2021 | -663.70 million BoP, current US$ | +358.4% |
| 2022 | -336.59 million BoP, current US$ | -49.3% |
| 2023 | -1.93 billion BoP, current US$ | +473.9% |
| 2024 | -2.37 billion BoP, current US$ | +22.6% |
Guinea compared with similar countries
- Guinea's -2.37 billion BoP, current US$ is below the median for lower middle income countries, which is -988.90 million BoP, current US$, 2.4× the median. (47 countries reporting)
- Guinea's -2.37 billion BoP, current US$ is below the median for Sub-Saharan Africa, which is -353.19 million BoP, current US$, 6.7× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net primary income (BoP, current US$) 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 |
|---|---|---|---|
| 2023 | -473.9% | -336.59 million BoP, current US$ | -1.93 billion BoP, current US$ |
| 2021 | -358.4% | -144.79 million BoP, current US$ | -663.70 million BoP, current US$ |
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
- 135 Sri Lanka -2.04 billion BoP, current US$ compare
- 136 Mozambique -2.13 billion BoP, current US$ compare
- 137 Kenya -2.13 billion BoP, current US$ compare
- 139 Georgia -2.37 billion BoP, current US$ compare
- 140 El Salvador -2.50 billion BoP, current US$ compare
- 141 Myanmar -2.53 billion BoP, current US$ compare
More economy & growth data for Guinea
- Real gdp growth, annual growth rate -2.71 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 470.07 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0005 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.9019 units per person (2025)
- SDRs holdings, SDR, annual growth rate 442.86 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0004 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.6586 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (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 138th out of 200 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.