Imports of goods and services, Percent of GDP (Balance of Payments) in Guinea-Bissau
Guinea-Bissau: Imports of goods and services, Percent of GDP (Balance of Payments) was 24.09 in 2027. ▲ Rising
Imports of goods and services, Percent of GDP (Balance of Payments) in Guinea-Bissau, 2000–2027
Source: International Monetary Fund.
Analysis
In 2027, imports of goods and services, percent of gdp (balance of payments) in Guinea-Bissau stood at 24.09.
The figure is down 3.6% on the previous year and down 20.7% over ten years.
Over the whole period, imports of goods and services, percent of gdp (balance of payments) in Guinea-Bissau peaked at 33.78 in 2019 and was at its lowest, 18.95, in 2002.
Guinea-Bissau ranks 35th of 45 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 28 years of available data.
Imports of goods and services, Percent of GDP (Balance of Payments) in Guinea-Bissau, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 24.71 | — |
| 2001 | 23.14 | -6.4% |
| 2002 | 18.95 | -18.1% |
| 2003 | 19.23 | +1.5% |
| 2004 | 21.86 | +13.7% |
| 2005 | 23.18 | +6.0% |
| 2006 | 25.76 | +11.1% |
| 2007 | 31.42 | +22.0% |
| 2008 | 29.88 | -4.9% |
| 2009 | 32.85 | +9.9% |
| 2010 | 31.83 | -3.1% |
| 2011 | 29.41 | -7.6% |
| 2012 | 24.22 | -17.7% |
| 2013 | 24.34 | +0.5% |
| 2014 | 29.16 | +19.8% |
| 2015 | 29.33 | +0.6% |
| 2016 | 29.64 | +1.1% |
| 2017 | 30.38 | +2.5% |
| 2018 | 30.01 | -1.2% |
| 2019 | 33.78 | +12.6% |
| 2020 | 28.89 | -14.5% |
| 2021 | 30.1 | +4.2% |
| 2022 | 33.65 | +11.8% |
| 2023 | 29.53 | -12.2% |
| 2024 | 27.84 | -5.7% |
| 2025 | 26.52 | -4.7% |
| 2026 | 24.99 | -5.8% |
| 2027 | 24.09 | -3.6% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 24.09 is below the median for Sub-Saharan Africa, which is 31.7, 76% of the median. (45 countries reporting)
- Guinea-Bissau's 24.09 is below the median for low income countries, which is 31.7, 76% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.1 | 18.95 | 32.85 | 10 |
| 2010s | 29.21 | 24.22 | 33.78 | 10 |
| 2020s | 28.2 | 24.09 | 33.65 | 8 |
Countries ranked near Guinea-Bissau
More trade data for Guinea-Bissau
- Commodity Net Export Price Index, Individual Commodities Weighted by 117.59 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 101.41 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.22 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 92.66 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.85 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 68.93 (2025)
- Imports of low carbon technology products, Percent of GDP 0.1969 (2018)
- Imports of low carbon technology products, US dollar (World), per 1.59 units per person (2018)
- Imports of low carbon technology products, US dollar (World), per 0.002 units per US$ of GDP (2018)
- Imports of low carbon technology products, US dollar (World), gaps 3.06 million (2018)
Frequently asked questions
- What is imports of goods and services, percent of gdp (balance of payments) in Guinea-Bissau?
- Imports of goods and services, percent of gdp (balance of payments) in Guinea-Bissau was 24.09 in 2027, according to International Monetary Fund.
- What is the highest imports of goods and services, percent of gdp (balance of payments) recorded in Guinea-Bissau?
- The highest recorded value was 33.78 in 2019.
- What is the lowest imports of goods and services, percent of gdp (balance of payments) recorded in Guinea-Bissau?
- The lowest recorded value was 18.95 in 2002.
- How does Guinea-Bissau rank for imports of goods and services, percent of gdp (balance of payments)?
- Guinea-Bissau ranks 35th out of 45 countries with data for 2027.
- Is imports of goods and services, percent of gdp (balance of payments) rising or falling in Guinea-Bissau?
- Over the last ten years it is down 20.7%. The long-run trend across the full record is rising.
- Where does this Guinea-Bissau data come from?
- The figures come from International Monetary Fund, published as part of Imports of goods and services, Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.