Service exports (BoP, current US$), per unit of GDP in Guinea
Guinea: Service exports (BoP, current US$), per unit of GDP was 0.0028 BoP, current US$ per US$ of GDP in 2024. ◆ Volatile
Service exports (BoP, current US$), per unit of GDP in Guinea, 1986–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
The most recent figure for service exports (bop, current us$), per unit of gdp in Guinea is 0.0028 BoP, current US$ per US$ of GDP, measured in 2024.
That represents a change of down 55.4% on the previous year and down 60.8% over ten years.
Over the whole period, service exports (bop, current us$), per unit of gdp in Guinea peaked at 0.0405 BoP, current US$ per US$ of GDP in 1990 and was at its lowest, 0.0016 BoP, current US$ per US$ of GDP, in 2021.
Guinea ranks 197th of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$), per unit of GDP in Guinea, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1986 | 0.0191 BoP, current US$ per US$ of GDP | — |
| 1987 | 0.018 BoP, current US$ per US$ of GDP | -5.7% |
| 1988 | 0.0151 BoP, current US$ per US$ of GDP | -16.0% |
| 1989 | 0.0292 BoP, current US$ per US$ of GDP | +93.2% |
| 1990 | 0.0405 BoP, current US$ per US$ of GDP | +38.5% |
| 1991 | 0.0329 BoP, current US$ per US$ of GDP | -18.7% |
| 1992 | 0.0334 BoP, current US$ per US$ of GDP | +1.4% |
| 1993 | 0.0391 BoP, current US$ per US$ of GDP | +17.1% |
| 1994 | 0.031 BoP, current US$ per US$ of GDP | -20.7% |
| 1995 | 0.0218 BoP, current US$ per US$ of GDP | -29.6% |
| 1996 | 0.022 BoP, current US$ per US$ of GDP | +0.9% |
| 1997 | 0.0208 BoP, current US$ per US$ of GDP | -5.6% |
| 1998 | 0.0212 BoP, current US$ per US$ of GDP | +1.9% |
| 1999 | 0.0224 BoP, current US$ per US$ of GDP | +5.9% |
| 2000 | 0.0153 BoP, current US$ per US$ of GDP | -32.0% |
| 2001 | 0.0181 BoP, current US$ per US$ of GDP | +18.4% |
| 2002 | 0.0157 BoP, current US$ per US$ of GDP | -13.0% |
| 2003 | 0.0212 BoP, current US$ per US$ of GDP | +35.0% |
| 2004 | 0.0161 BoP, current US$ per US$ of GDP | -24.1% |
| 2005 | 0.0194 BoP, current US$ per US$ of GDP | +20.2% |
| 2006 | 0.015 BoP, current US$ per US$ of GDP | -22.2% |
| 2007 | 0.0078 BoP, current US$ per US$ of GDP | -48.5% |
| 2008 | 0.0148 BoP, current US$ per US$ of GDP | +90.6% |
| 2009 | 0.0108 BoP, current US$ per US$ of GDP | -27.2% |
| 2010 | 0.0091 BoP, current US$ per US$ of GDP | -15.3% |
| 2011 | 0.0114 BoP, current US$ per US$ of GDP | +25.2% |
| 2012 | 0.0208 BoP, current US$ per US$ of GDP | +82.6% |
| 2013 | 0.0124 BoP, current US$ per US$ of GDP | -40.7% |
| 2014 | 0.0073 BoP, current US$ per US$ of GDP | -41.2% |
| 2015 | 0.0089 BoP, current US$ per US$ of GDP | +22.8% |
| 2016 | 0.0062 BoP, current US$ per US$ of GDP | -31.0% |
| 2017 | 0.0051 BoP, current US$ per US$ of GDP | -17.6% |
| 2018 | 0.0085 BoP, current US$ per US$ of GDP | +68.0% |
| 2019 | 0.0071 BoP, current US$ per US$ of GDP | -16.7% |
| 2020 | 0.0046 BoP, current US$ per US$ of GDP | -35.1% |
| 2021 | 0.0016 BoP, current US$ per US$ of GDP | -65.6% |
| 2022 | 0.0073 BoP, current US$ per US$ of GDP | +362.2% |
| 2023 | 0.0064 BoP, current US$ per US$ of GDP | -12.8% |
| 2024 | 0.0028 BoP, current US$ per US$ of GDP | -55.4% |
Guinea compared with similar countries
- Guinea's 0.0028 BoP, current US$ per US$ of GDP is below the median for lower middle income countries, which is 0.0631 BoP, current US$ per US$ of GDP, 5% of the median. (47 countries reporting)
- Guinea's 0.0028 BoP, current US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.0445 BoP, current US$ per US$ of GDP, 6% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Service exports (BoP, current US$), per unit of GDP in Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +362.2% | 0.0016 BoP, current US$ per US$ of GDP | 0.0073 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0204 BoP, current US$ per US$ of GDP | 0.0151 BoP, current US$ per US$ of GDP | 0.0292 BoP, current US$ per US$ of GDP | 4 |
| 1990s | 0.0285 BoP, current US$ per US$ of GDP | 0.0208 BoP, current US$ per US$ of GDP | 0.0405 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.0154 BoP, current US$ per US$ of GDP | 0.0078 BoP, current US$ per US$ of GDP | 0.0212 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.0097 BoP, current US$ per US$ of GDP | 0.0051 BoP, current US$ per US$ of GDP | 0.0208 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0045 BoP, current US$ per US$ of GDP | 0.0016 BoP, current US$ per US$ of GDP | 0.0073 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Guinea
- 194 Lesotho 0.0062 BoP, current US$ per US$ of GDP compare
- 195 Democratic Republic of Congo 0.006 BoP, current US$ per US$ of GDP compare
- 196 Haiti 0.004 BoP, current US$ per US$ of GDP compare
- 198 Papua New Guinea 0.0024 BoP, current US$ per US$ of GDP compare
- 199 Angola 0.001 BoP, current US$ per US$ of GDP 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$), annual growth rate -28.7 % change on previous year (2024)
Frequently asked questions
- What is service exports (bop, current us$), per unit of gdp in Guinea?
- Service exports (bop, current us$), per unit of gdp in Guinea was 0.0028 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), per unit of gdp recorded in Guinea?
- The highest recorded value was 0.0405 BoP, current US$ per US$ of GDP in 1990.
- What is the lowest service exports (bop, current us$), per unit of gdp recorded in Guinea?
- The lowest recorded value was 0.0016 BoP, current US$ per US$ of GDP in 2021.
- How does Guinea rank for service exports (bop, current us$), per unit of gdp?
- Guinea ranks 197th out of 199 countries with data for 2024.
- Is service exports (bop, current us$), per unit of gdp rising or falling in Guinea?
- Over the last ten years it is down 60.8%. 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 Service exports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 39 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.