Travel services in Guinea
Guinea: Travel services was 0.0% in 2022. ◆ Volatile
Travel services in Guinea, 1986–2022
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
Guinea recorded 0.0% for travel services in 2022. That is the lowest value across all 37 years on record.
That represents a change of down 80.8% on the previous year and down 99.6% over ten years.
Over the whole period, travel services in Guinea peaked at 12.4% in 1988 and was at its lowest, 0.0%, in 2022.
That places Guinea 198th out of 198 countries with data for 2022, 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 imports, BoP | Change |
|---|---|---|
| 1986 | 6.4% | — |
| 1987 | 9.0% | +39.3% |
| 1988 | 12.4% | +38.3% |
| 1989 | 8.8% | -29.1% |
| 1990 | 8.0% | -8.7% |
| 1991 | 7.8% | -3.4% |
| 1992 | 5.4% | -30.8% |
| 1993 | 8.4% | +55.7% |
| 1994 | 6.4% | -23.3% |
| 1995 | 5.4% | -15.3% |
| 1996 | 6.3% | +15.7% |
| 1997 | 7.2% | +15.0% |
| 1998 | 7.2% | -1.0% |
| 1999 | 6.5% | -9.8% |
| 2000 | 3.2% | -49.9% |
| 2001 | 5.6% | +73.0% |
| 2002 | 9.3% | +65.9% |
| 2003 | 8.5% | -9.1% |
| 2004 | 8.9% | +4.7% |
| 2005 | 10.0% | +13.0% |
| 2006 | 9.2% | -8.4% |
| 2007 | 9.5% | +3.1% |
| 2008 | 2.1% | -78.1% |
| 2009 | 3.9% | +88.0% |
| 2010 | 1.9% | -51.9% |
| 2011 | 5.7% | +207.0% |
| 2012 | 2.6% | -54.3% |
| 2013 | 6.9% | +163.1% |
| 2014 | 3.3% | -51.7% |
| 2015 | 6.0% | +81.2% |
| 2016 | 1.7% | -72.3% |
| 2017 | 1.5% | -9.0% |
| 2018 | 1.2% | -24.1% |
| 2019 | 0.3% | -70.7% |
| 2020 | 0.2% | -52.6% |
| 2021 | 0.1% | -64.2% |
| 2022 | 0.0% | -80.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.2% | 6.4% | 12.4% | 4 |
| 1990s | 6.9% | 5.4% | 8.4% | 10 |
| 2000s | 7.0% | 2.1% | 10.0% | 10 |
| 2010s | 3.1% | 0.3% | 6.9% | 10 |
| 2020s | 0.1% | 0.0% | 0.2% | 3 |
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)
- 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 travel services in Guinea?
- Travel services in Guinea was 0.0% in 2022, 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 12.4% in 1988.
- What is the lowest travel services recorded in Guinea?
- The lowest recorded value was 0.0% in 2022.
- How does Guinea rank for travel services?
- Guinea ranks 198th out of 198 countries with data for 2022.
- Is travel services rising or falling in Guinea?
- Over the last ten years it is down 99.6%. 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 imports, 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 imports which are services provided by non-residents to residents.