Net trade in goods in Guinea
Guinea: Net trade in goods was 4.56 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods in Guinea, 1986–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods in Guinea is 4.56 billion BoP, current US$, measured in 2024.
The figure is down 30.0% on the previous year and up 1,590.7% over ten years.
Over the whole period, net trade in goods in Guinea peaked at 6.51 billion BoP, current US$ in 2023 and was at its lowest, -2.02 billion BoP, current US$, in 2016.
That places Guinea 44th out of 198 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 78.39 million BoP, current US$ | 1.25 million BoP, current US$ | 164.37 million BoP, current US$ | 4 |
| 1990s | 15.78 million BoP, current US$ | -169.68 million BoP, current US$ | 121.00 million BoP, current US$ | 10 |
| 2000s | 53.13 million BoP, current US$ | -22.22 million BoP, current US$ | 196.22 million BoP, current US$ | 10 |
| 2010s | -171.82 million BoP, current US$ | -2.02 billion BoP, current US$ | 1.11 billion BoP, current US$ | 10 |
| 2020s | 5.25 billion BoP, current US$ | 3.91 billion BoP, current US$ | 6.51 billion BoP, current US$ | 5 |
Countries ranked near Guinea
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 trade in goods in Guinea?
- Net trade in goods in Guinea was 4.56 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 trade in goods recorded in Guinea?
- The highest recorded value was 6.51 billion BoP, current US$ in 2023.
- What is the lowest net trade in goods recorded in Guinea?
- The lowest recorded value was -2.02 billion BoP, current US$ in 2016.
- How does Guinea rank for net trade in goods?
- Guinea ranks 44th out of 198 countries with data for 2024.
- Is net trade in goods rising or falling in Guinea?
- Over the last ten years it is up 1,590.7%. 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 trade in goods (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods is the difference between the exports and imports of goods. 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.