Fuel imports (% of merchandise imports) — all countries

Fuel imports (% of merchandise imports) — Guinea

Fuel imports (% of merchandise imports) in Guinea in 2016 — 13.77%. Ranked 59 in the world out of 174. Since 1995, the indicator has fallen by 5.28 pp.

2016 13.77% −1.32 pp vs 2015
World rank 59of 174
Period maximum 32.96%2008
Period minimum 1.93%2005

Trend over time

1995–2016 · % of merchandise imports

Fuel imports (% of merchandise imports) — Guinea, 1995–2016010203040199519982001200420072010201320161995: 19.06%1996: 26.55%1997: 10.31%1998: 9.36%1999: 8.01%2000: 24.94%2001: 18.64%2002: 21.65%2004: 24.7%2005: 1.93%2006: 24.58%2007: 26.1%2008: 32.96%2013: 30.49%2014: 31.61%2015: 15.09%2016: 13.77%
Change over the period: −5.28 pp Annual average: -0.25 pp

Comparison, 2016

How the value compares with the world and the groups this territory belongs to: Guinea

Guinea 13.77%
World 9.71%
Western Africa computed 18.85%
Fuel imports (% of merchandise imports) — Guinea, by year Guinea All countries CSV XLSX
Year % Change, pp
2016 13.77 −1.32 pp
2015 15.09 −16.52 pp
2014 31.61 +1.13 pp
2013 30.49
2008 32.96 +6.86 pp
2007 26.1 +1.52 pp
2006 24.58 +22.65 pp
2005 1.93 −22.77 pp
2004 24.7
2002 21.65 +3.01 pp
2001 18.64 −6.3 pp
2000 24.94 +16.94 pp
1999 8.01 −1.35 pp
1998 9.36 −0.95 pp
1997 10.31 −16.23 pp
1996 26.55 +7.49 pp
1995 19.06

About the indicator

The share of fuel in merchandise imports — the reverse side of fuel dependence. The indicator measures vulnerability to rising energy prices: a country spending a quarter of its imports on fuel loses as much when prices double as an exporter does when they fall. The series reacts visibly to oil shocks, and it shows that in the 1970s the share of fuel in the imports of developed countries rose several times over.

Important: The share is of value, not of volume, so it rises when fuel becomes more expensive even with no change in physical deliveries. The aggregate is weighted by merchandise imports — the denominator of the indicator.

Source: UNCTADstat (UNCTAD), license CC BY 3.0 IGO.