Service exports — all countries

Service exports — Guinea-Bissau

Service exports in Guinea-Bissau in 2024 — 51,007,944 US$. Ranked 160 in the world out of 165. Since 1982, the indicator has risen by 810.9%.

2024 51.01M US$ +13.98% vs 2023
World rank 160of 165
Period maximum 51.01M US$2024
Period minimum 3.43M US$2006

Trend over time

1982–2024 · US$

Service exports — Guinea-Bissau, 1982–2024020M40M60M1982198719921997200220072012201720221982: 5,600,000 US$1983: 6,700,000 US$1984: 8,000,000 US$1985: 6,500,000 US$1989: 6,440,000 US$1990: 6,840,000 US$1991: 13,060,000 US$1992: 11,560,000 US$1993: 9,760,000 US$1994: 5,610,000 US$1995: 5,690,000 US$1996: 6,960,000 US$1997: 8,000,000 US$2001: 4,462,249 US$2002: 6,497,958 US$2003: 5,996,211 US$2004: 7,700,392 US$2005: 5,168,085 US$2006: 3,425,194 US$2007: 33,390,209 US$2008: 43,770,489 US$2009: 33,120,281 US$2010: 43,990,266 US$2011: 44,649,106 US$2012: 21,685,625 US$2013: 38,139,419 US$2014: 46,923,358 US$2015: 36,270,011 US$2016: 35,749,830 US$2017: 34,866,037 US$2018: 40,895,625 US$2019: 43,016,089 US$2020: 18,737,982 US$2021: 35,037,557 US$2022: 34,917,934 US$2023: 44,750,425 US$2024: 51,007,944 US$
Change over the period: +45.41M (+810.86%) Average annual rate: 5.4 %

Comparison, 2024

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

Guinea-Bissau 51.01M US$
World 8.85T US$
Sub-Saharan Africa 85.52B US$
Western Africa computed 18.2B US$
Service exports — Guinea-Bissau, by year Guinea-Bissau All countries CSV XLSX
Year US$ Change Change, %
2024 51.01M +6.26M +13.98%
2023 44.75M +9.83M +28.16%
2022 34.92M −119,623 −0.34%
2021 35.04M +16.3M +86.99%
2020 18.74M −24.28M −56.44%
2019 43.02M +2.12M +5.19%
2018 40.9M +6.03M +17.29%
2017 34.87M −883,793 −2.47%
2016 35.75M −520,181 −1.43%
2015 36.27M −10.65M −22.7%
2014 46.92M +8.78M +23.03%
2013 38.14M +16.45M +75.87%
2012 21.69M −22.96M −51.43%
2011 44.65M +658,839 +1.5%
2010 43.99M +10.87M +32.82%
2009 33.12M −10.65M −24.33%
2008 43.77M +10.38M +31.09%
2007 33.39M +29.97M +874.84%
2006 3.43M −1.74M −33.72%
2005 5.17M −2.53M −32.89%
2004 7.7M +1.7M +28.42%
2003 6M −501,746 −7.72%
2002 6.5M +2.04M +45.62%
2001 4.46M
1997 8M +1.04M +14.94%
1996 6.96M +1.27M +22.32%
1995 5.69M +80,000 +1.43%
1994 5.61M −4.15M −42.52%
1993 9.76M −1.8M −15.57%
1992 11.56M −1.5M −11.49%
1991 13.06M +6.22M +90.94%
1990 6.84M +400,000 +6.21%
1989 6.44M
1985 6.5M −1.5M −18.75%
1984 8M +1.3M +19.4%
1983 6.7M +1.1M +19.64%
1982 5.6M

About the indicator

Exports of services: travel and tourism, transport, communications, insurance, financial and business services, royalties, computer and information services. For dozens of countries this flow is larger than merchandise exports, and not only for the obvious tourist destinations: India, Ireland and the Philippines ended up near the top of the list on software and business services. Services, unlike goods, do not pass through customs, so they are estimated from banking and survey statistics and are measured less precisely.

Important: It serves as the denominator for the share of ICT services in service exports. It excludes investment income and compensation of employees — those are counted separately, in the primary income account.

Source: World Development Indicators (World Bank), license CC BY 4.0.