Exports of Services (BoP, USD) fell 41.6% to USD 0.021 bil in Guinea Bissau in 2016

Exports of Services (BoP, USD) (USD bil)
Economy | Guinea Bissau | February 1, 2019
$2.99
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Exports of services as a part of balance of payment reached 0.047 USD bil in 2014 in Guinea Bissau, according to the National Statistical Office. This is 29.4 % more than in the previous year.

Historically, exports of services as a part of balance of payment in Guinea Bissau reached an all time high of 0.047 USD bil in 2014 and an all time low of 0.003 USD bil in 2006. When compared to Guinea Bissau's main peers, exports of services as a part of balance of payment in Gambia amounted to 0.145 USD bil, 0.064 USD bil in Guinea, 0.456 USD bil in Mali and 1.32 USD bil in Senegal in 2014.

Guinea Bissau has been ranked 160th within the group of 162 countries we follow in terms of exports of services as a part of balance of payment, 12 places behind the position seen 10 years ago.

Services (previously non-factor services) refer to the economic output of intangible commodities that may be produced, transferred and consumed at the same time.

Exports of Services (BoP, USD) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Algeria USD bil 3.61 3.75 3.77 3.55 3.46
Burkina Faso USD bil 0.416 0.421 0.497 0.453 0.391
Gambia USD bil 0.135 0.149 0.130 0.145 0.155
Guinea USD bil 0.077 0.159 0.104 0.064 0.078
Guinea Bissau USD bil 0.045 0.022 0.038 0.047 0.036
Liberia USD bil 0.121 0.099 0.095 0.246 0.199
Mali USD bil 0.411 0.345 0.429 0.456 0.433
Mauritania USD bil ... ... ... 0.145 0.186 0.279 0.246
Niger USD bil 0.069 0.075 0.148 0.283 0.232
Senegal USD bil 1.17 1.22 1.33 1.32 1.19
Sierra Leone USD bil 0.157 0.178 0.221 0.205 0.200