Imports of Services (BoP, USD) rose 88.4% to USD 0.155 bil in Guinea Bissau in 2017

Imports of Services (BoP, USD) (USD bil)
Economy | Guinea Bissau | June 1, 2019
$2.99
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Imports of services as a part of balance of payment reached 0.155 USD bil in 2017 in Guinea Bissau, according to the National Statistical Office. This is 88.4 % more than in the previous year.

Historically, imports of services as a part of balance of payment in Guinea Bissau reached an all time high of 0.155 USD bil in 2017 and an all time low of 0.013 USD bil in 1983. When compared to Guinea Bissau's main peers, imports of services as a part of balance of payment in Gambia amounted to 0.122 USD bil, 0.756 USD bil in Guinea, 2.00 USD bil in Mali and 1.51 USD bil in Senegal in 2017.

Guinea Bissau has been ranked 155th within the group of 156 countries we follow in terms of imports of services as a part of balance of payment, 3 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
Guinea USD bil 0.576 0.892 0.723 0.545 0.503
Guinea Bissau USD bil 0.100 0.073 0.087 0.116 0.131
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