Imports of Services (BoP, USD) rose 6.65% to USD 0.756 bil in Guinea in 2017

Imports of Services (BoP, USD) (USD bil)
Economy | Guinea | May 17, 2019
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Imports of services as a part of balance of payment reached 0.756 USD bil in 2017 in Guinea, according to the National Statistical Office. This is 6.65 % more than in the previous year.

Historically, imports of services as a part of balance of payment in Guinea reached an all time high of 0.892 USD bil in 2012 and an all time low of 0.137 USD bil in 1986. When compared to Guinea's main peers, imports of services as a part of balance of payment in Liberia amounted to 0.234 USD bil, 2.00 USD bil in Mali, 1.51 USD bil in Senegal and 0.428 USD bil in Sierra Leone in 2017.

Guinea has been ranked 133rd within the group of 156 countries we follow in terms of imports of services as a part of balance of payment, 14 places above 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.

Imports of Services (BoP, USD) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Algeria USD bil 12.6 10.9 10.8 11.8 11.0
Burkina Faso USD bil 1.14 1.22 1.43 1.31 1.17
Gambia USD bil 0.076 0.074 0.066 0.117 0.117
Ghana USD bil 3.67 4.24 4.90 4.65 7.31
Guinea USD bil 0.576 0.892 0.723 0.545 0.503
Ivory Coast USD bil 2.80 2.93 3.22 3.06 2.78
Liberia USD bil 0.449 0.558 0.635 0.672 0.295
Mali USD bil 1.13 1.06 2.16 2.18 1.99
Mauritania USD bil ... ... ... 1.02 0.999 0.900 0.641
Niger USD bil 0.870 0.830 0.979 1.04 0.973
Senegal USD bil 1.29 1.33 1.44 1.45 1.31
Sierra Leone USD bil 0.428 0.526 0.689 1.24 0.883