Imports of goods and services, Percent of GDP (Balance of Payments) in Guinea
Guinea: Imports of goods and services, Percent of GDP (Balance of Payments) was 42.37 in 2027. ▲ Rising
Imports of goods and services, Percent of GDP (Balance of Payments) in Guinea, 2000–2027
Source: International Monetary Fund.
Analysis
The most recent figure for imports of goods and services, percent of gdp (balance of payments) in Guinea is 42.37, measured in 2027.
That represents a change of down 5.0% on the previous year and down 10.6% over ten years.
Over the whole period, imports of goods and services, percent of gdp (balance of payments) in Guinea peaked at 71.71 in 2020 and was at its lowest, 18.24, in 2003.
That places Guinea 12th out of 45 countries with data for 2027, putting it in the top 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, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 21.48 | — |
| 2001 | 22.32 | +3.9% |
| 2002 | 21.25 | -4.8% |
| 2003 | 18.24 | -14.2% |
| 2004 | 18.89 | +3.5% |
| 2005 | 22.88 | +21.2% |
| 2006 | 29.61 | +29.4% |
| 2007 | 23.97 | -19.0% |
| 2008 | 25.99 | +8.4% |
| 2009 | 21.13 | -18.7% |
| 2010 | 25.38 | +20.1% |
| 2011 | 38.46 | +51.5% |
| 2012 | 43.88 | +14.1% |
| 2013 | 31.61 | -28.0% |
| 2014 | 33.06 | +4.6% |
| 2015 | 30.66 | -7.3% |
| 2016 | 59.67 | +94.6% |
| 2017 | 47.4 | -20.6% |
| 2018 | 50.5 | +6.5% |
| 2019 | 42.01 | -16.8% |
| 2020 | 71.71 | +70.7% |
| 2021 | 43.7 | -39.1% |
| 2022 | 37.98 | -13.1% |
| 2023 | 37.85 | -0.4% |
| 2024 | 42.23 | +11.6% |
| 2025 | 53.14 | +25.8% |
| 2026 | 44.61 | -16.0% |
| 2027 | 42.37 | -5.0% |
Guinea compared with similar countries
- Guinea's 42.37 is above the median for Sub-Saharan Africa, which is 31.7, 1.3× the median. (45 countries reporting)
- Guinea's 42.37 is above the median for lower middle income countries, which is 29.77, 1.4× the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.57 | 18.24 | 29.61 | 10 |
| 2010s | 40.26 | 25.38 | 59.67 | 10 |
| 2020s | 46.7 | 37.85 | 71.71 | 8 |
Countries ranked near Guinea
More trade data for Guinea
- Commodity Net Export Price Index, Individual Commodities Weighted by 123.62 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 104.13 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 101.95 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 116.29 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.91 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 67.49 (2025)
- Imports of low carbon technology products, Percent of GDP 0.7535 (2016)
- Imports of low carbon technology products, US dollar (World), per 5.37 units per person (2016)
- Imports of low carbon technology products, US dollar (World), per 0.0075 units per US$ of GDP (2016)
- Exports of low carbon technology products, US dollar (World), gaps 2.94 million (2016)
Frequently asked questions
- What is imports of goods and services, percent of gdp (balance of payments) in Guinea?
- Imports of goods and services, percent of gdp (balance of payments) in Guinea was 42.37 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?
- The highest recorded value was 71.71 in 2020.
- What is the lowest imports of goods and services, percent of gdp (balance of payments) recorded in Guinea?
- The lowest recorded value was 18.24 in 2003.
- How does Guinea rank for imports of goods and services, percent of gdp (balance of payments)?
- Guinea ranks 12th 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?
- Over the last ten years it is down 10.6%. The long-run trend across the full record is rising.
- Where does this Guinea 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.