Goods Imports (BoP, USD) fell 21.34390296104% to USD 3.48 bil in Guinea in 2017

Goods Imports (BoP, USD) (USD bil)
Economy | Guinea | May 17, 2019
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Goods imports as a part of balance payment reached 3.48 USD bil in 2017 in Guinea, according to the National Statistical Office. This is 21.3 % less than in the previous year.

Historically, goods imports as a part of balance payment in Guinea reached an all time high of 4.43 USD bil in 2016 and an all time low of 0.380 USD bil in 1987. When compared to Guinea's main peers, goods imports as a part of balance payment in Liberia amounted to 0.998 USD bil, 3.60 USD bil in Mali, 5.97 USD bil in Senegal and 1.19 USD bil in Sierra Leone in 2017.

Guinea has been ranked 127th within the group of 156 countries we follow in terms of goods imports as a part of balance payment, 16 places above the position seen 10 years ago.

Goods imports refer to all movable goods (including non-monetary gold) involved in a change of ownership from non-residents to residents.

Goods Imports (BoP, USD) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Algeria USD bil 46.8 51.5 54.9 59.5 52.3
Burkina Faso USD bil 2.37 2.66 3.33 3.02 2.60
Gambia USD bil 0.293 0.326 0.298 0.330 0.336
Ghana USD bil 15.8 17.8 17.6 14.6 13.5
Guinea USD bil 2.10 2.24 2.14 2.37 2.19
Ivory Coast USD bil 6.67 9.06 9.06 9.09 8.56
Liberia USD bil 0.969 1.32 1.19 1.82 1.55
Mali USD bil 2.72 2.89 3.12 3.29 3.19
Mauritania USD bil ... ... ... 3.13 3.04 2.65 1.95
Niger USD bil 2.19 1.90 2.02 2.19 1.98
Senegal USD bil 5.13 5.62 5.86 5.78 4.98
Sierra Leone USD bil 2.06 1.97 1.57 1.63 1.35