Travel services in Guinea
Guinea: Travel services was 7.0% in 2024. ◆ Volatile
Travel services in Guinea, 1986–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
In 2024, travel services in Guinea stood at 7.0%.
Compared with earlier readings it is up 162.9% on the previous year and down 73.5% over ten years.
Over the whole period, travel services in Guinea peaked at 46.6% in 2021 and was at its lowest, 0.1%, in 1997.
That places Guinea 183rd out of 198 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Travel services in Guinea, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1986 | 1.8% | — |
| 1987 | 4.4% | +145.7% |
| 1989 | 23.1% | +421.7% |
| 1990 | 18.9% | -18.1% |
| 1991 | 8.9% | -52.9% |
| 1992 | 6.9% | -22.5% |
| 1993 | 3.2% | -53.7% |
| 1994 | 0.4% | -88.9% |
| 1995 | 0.7% | +107.2% |
| 1996 | 5.2% | +604.2% |
| 1997 | 0.1% | -98.3% |
| 1998 | 0.8% | +822.9% |
| 1999 | 1.5% | +82.5% |
| 2000 | 3.0% | +98.9% |
| 2001 | 0.1% | -96.3% |
| 2007 | 0.4% | +255.2% |
| 2008 | 1.5% | +276.1% |
| 2009 | 3.9% | +163.2% |
| 2010 | 3.3% | -15.4% |
| 2011 | 2.7% | -17.0% |
| 2012 | 0.9% | -67.3% |
| 2014 | 26.3% | +2862.0% |
| 2015 | 29.3% | +11.5% |
| 2016 | 28.8% | -1.8% |
| 2017 | 31.3% | +8.7% |
| 2018 | 3.4% | -89.1% |
| 2019 | 9.9% | +189.7% |
| 2020 | 1.8% | -81.7% |
| 2021 | 46.6% | +2483.9% |
| 2022 | 7.2% | -84.6% |
| 2023 | 2.7% | -63.1% |
| 2024 | 7.0% | +162.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.8% | 1.8% | 23.1% | 3 |
| 1990s | 4.7% | 0.1% | 18.9% | 10 |
| 2000s | 1.8% | 0.1% | 3.9% | 5 |
| 2010s | 15.1% | 0.9% | 31.3% | 9 |
| 2020s | 13.0% | 1.8% | 46.6% | 5 |
Countries ranked near Guinea
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)
- Total reserves minus gold (current US$), annual growth rate -32.12 % change on previous year (2024)
- Total reserves minus gold (current US$), per unit of GDP 0.0327 current US$ per US$ of GDP (2024)
- Total reserves minus gold (current US$), per capita 55.42 current US$ per person (2024)
- General government final consumption expenditure (current US$) 36.63 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1672 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 313.92 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 37.54 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 1,444 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is travel services in Guinea?
- Travel services in Guinea was 7.0% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Guinea?
- The highest recorded value was 46.6% in 2021.
- What is the lowest travel services recorded in Guinea?
- The lowest recorded value was 0.1% in 1997.
- How does Guinea rank for travel services?
- Guinea ranks 183rd out of 198 countries with data for 2024.
- Is travel services rising or falling in Guinea?
- Over the last ten years it is down 73.5%. 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 Travel services (% of service exports, BoP). Statizoid updates them automatically from the source API.
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About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.