Service imports in Guinea
Guinea: Service imports 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$, in 1986.
Guinea ranks 109th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 195.48 million BoP, current US$ | 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 Jamaica 3.46 billion BoP, current US$ compare
- 107 Kyrgyzstan 3.43 billion BoP, current US$ compare
- 108 Cambodia 3.22 billion BoP, current US$ compare
- 110 Trinidad and Tobago 2.80 billion BoP, current US$ compare
- 111 Tanzania 2.80 billion BoP, current US$ compare
- 112 Paraguay 2.75 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 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 198 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.
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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.