Services, Debit/Expenditure in Guinea
Guinea: Services, Debit/Expenditure was 3.15 billion in 2024. ◆ Volatile
Services, Debit/Expenditure in Guinea, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services, debit/expenditure in Guinea stood at 3.15 billion.
That represents a change of down 4.2% on the previous year and up 477.4% over ten years.
Over the whole period, services, debit/expenditure in Guinea peaked at 3.28 billion in 2023 and was at its lowest, 288.06 million, in 2005.
That places Guinea 107th out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, Debit/Expenditure in Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 288.06 million | — |
| 2006 | 305.37 million | +6.0% |
| 2007 | 306.31 million | +0.3% |
| 2008 | 446.17 million | +45.7% |
| 2009 | 336.29 million | -24.6% |
| 2010 | 401.96 million | +19.5% |
| 2011 | 576.08 million | +43.3% |
| 2012 | 891.76 million | +54.8% |
| 2013 | 723.22 million | -18.9% |
| 2014 | 544.96 million | -24.6% |
| 2015 | 503.48 million | -7.6% |
| 2016 | 708.82 million | +40.8% |
| 2017 | 755.96 million | +6.7% |
| 2018 | 798.03 million | +5.6% |
| 2019 | 850.10 million | +6.5% |
| 2020 | 2.59 billion | +204.2% |
| 2021 | 1.17 billion | -54.9% |
| 2022 | 906.19 million | -22.3% |
| 2023 | 3.28 billion | +262.3% |
| 2024 | 3.15 billion | -4.2% |
Guinea compared with similar countries
- Guinea's 3.15 billion is above the median for lower middle income countries, which is 2.37 billion, 1.3× the median. (46 countries reporting)
- Guinea's 3.15 billion is above the median for Sub-Saharan Africa, which is 1.66 billion, 1.9× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Services, Debit/Expenditure in Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +262.3% | 906.19 million | 3.28 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 336.44 million | 288.06 million | 446.17 million | 5 |
| 2010s | 675.44 million | 401.96 million | 891.76 million | 10 |
| 2020s | 2.22 billion | 906.19 million | 3.28 billion | 5 |
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 services, debit/expenditure in Guinea?
- Services, debit/expenditure in Guinea was 3.15 billion in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Guinea?
- The highest recorded value was 3.28 billion in 2023.
- What is the lowest services, debit/expenditure recorded in Guinea?
- The lowest recorded value was 288.06 million in 2005.
- How does Guinea rank for services, debit/expenditure?
- Guinea ranks 107th out of 198 countries with data for 2024.
- Is services, debit/expenditure 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 International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.