Service imports (BoP, current US$) in Guinea
Guinea: Service imports (BoP, current US$) was 3.15 billion BoP, current US$ in 2024. ◆ Volatile
Service imports in Guinea, 1986–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Guinea recorded 3.15 billion BoP, current US$ for service imports in 2024.
Compared with earlier readings it is down 4.2% on the previous year and up 477.4% over ten years.
Over the whole period, service imports in Guinea peaked at 3.28 billion BoP, current US$ in 2023 and was at its lowest, 137.36 million BoP, current US$, in 1986.
Guinea ranks 109th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service imports (BoP, current US$) in Guinea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1986 | 137.36 million BoP, current US$ | — |
| 1987 | 154.00 million BoP, current US$ | +12.1% |
| 1988 | 230.80 million BoP, current US$ | +49.9% |
| 1989 | 259.77 million BoP, current US$ | +12.6% |
| 1990 | 367.25 million BoP, current US$ | +41.4% |
| 1991 | 347.79 million BoP, current US$ | -5.3% |
| 1992 | 322.57 million BoP, current US$ | -7.3% |
| 1993 | 334.76 million BoP, current US$ | +3.8% |
| 1994 | 366.02 million BoP, current US$ | +9.3% |
| 1995 | 389.33 million BoP, current US$ | +6.4% |
| 1996 | 423.12 million BoP, current US$ | +8.7% |
| 1997 | 321.58 million BoP, current US$ | -24.0% |
| 1998 | 382.75 million BoP, current US$ | +19.0% |
| 1999 | 365.16 million BoP, current US$ | -4.6% |
| 2000 | 285.90 million BoP, current US$ | -21.7% |
| 2001 | 317.69 million BoP, current US$ | +11.1% |
| 2002 | 329.08 million BoP, current US$ | +3.6% |
| 2003 | 307.36 million BoP, current US$ | -6.6% |
| 2004 | 282.96 million BoP, current US$ | -7.9% |
| 2005 | 288.06 million BoP, current US$ | +1.8% |
| 2006 | 305.37 million BoP, current US$ | +6.0% |
| 2007 | 306.31 million BoP, current US$ | +0.3% |
| 2008 | 446.17 million BoP, current US$ | +45.7% |
| 2009 | 336.29 million BoP, current US$ | -24.6% |
| 2010 | 401.96 million BoP, current US$ | +19.5% |
| 2011 | 576.08 million BoP, current US$ | +43.3% |
| 2012 | 891.76 million BoP, current US$ | +54.8% |
| 2013 | 723.22 million BoP, current US$ | -18.9% |
| 2014 | 544.96 million BoP, current US$ | -24.6% |
| 2015 | 503.48 million BoP, current US$ | -7.6% |
| 2016 | 708.82 million BoP, current US$ | +40.8% |
| 2017 | 755.96 million BoP, current US$ | +6.7% |
| 2018 | 798.03 million BoP, current US$ | +5.6% |
| 2019 | 850.10 million BoP, current US$ | +6.5% |
| 2020 | 2.59 billion BoP, current US$ | +204.2% |
| 2021 | 1.17 billion BoP, current US$ | -54.9% |
| 2022 | 906.19 million BoP, current US$ | -22.3% |
| 2023 | 3.28 billion BoP, current US$ | +262.3% |
| 2024 | 3.15 billion BoP, current US$ | -4.2% |
Guinea compared with similar countries
- Guinea's 3.15 billion BoP, current US$ is above the median for lower middle income countries, which is 2.40 billion BoP, current US$, 1.3× the median. (47 countries reporting)
- Guinea's 3.15 billion BoP, current US$ is above the median for Sub-Saharan Africa, which is 1.47 billion BoP, current US$, 2.1× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Service imports (BoP, current US$) 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 | +262.3% | 906.19 million BoP, current US$ | 3.28 billion BoP, current US$ |
| 2020 | +204.2% | 850.10 million BoP, current US$ | 2.59 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 195.48 million BoP, current US$ | 137.36 million BoP, current US$ | 259.77 million BoP, current US$ | 4 |
| 1990s | 362.03 million BoP, current US$ | 321.58 million BoP, current US$ | 423.12 million BoP, current US$ | 10 |
| 2000s | 320.52 million BoP, current US$ | 282.96 million BoP, current US$ | 446.17 million BoP, current US$ | 10 |
| 2010s | 675.44 million BoP, current US$ | 401.96 million BoP, current US$ | 891.76 million BoP, current US$ | 10 |
| 2020s | 2.22 billion BoP, current US$ | 906.19 million BoP, current US$ | 3.28 billion BoP, current US$ | 5 |
Countries ranked near Guinea
- 106 Kyrgyzstan 3.43 billion BoP, current US$ compare
- 107 Sri Lanka 3.36 billion BoP, current US$ compare
- 108 Cambodia 3.22 billion BoP, current US$ compare
- 110 Tanzania 2.80 billion BoP, current US$ compare
- 111 Trinidad and Tobago 2.76 billion BoP, current US$ compare
- 112 Paraguay 2.75 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 service imports in Guinea?
- Service imports in Guinea was 3.15 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service imports recorded in Guinea?
- The highest recorded value was 3.28 billion BoP, current US$ in 2023.
- What is the lowest service imports recorded in Guinea?
- The lowest recorded value was 137.36 million BoP, current US$ in 1986.
- How does Guinea rank for service imports?
- Guinea ranks 109th out of 200 countries with data for 2024.
- Is service imports rising or falling in Guinea?
- Over the last ten years it is up 477.4%. 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 Service imports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 39 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Imports of services are services provided by non-residents to residents. 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.