Service exports — all countries

Service exports — Guinea

Service exports in Guinea in 2024 — 71,200,000 US$. Ranked 158 in the world out of 165. Since 1986, the indicator has risen by 28.1%.

2024 71.2M US$ −50.21% vs 2023
World rank 158of 165
Period maximum 187M US$1993
Period minimum 27.02M US$2021

Trend over time

1986–2024 · US$

Service exports — Guinea, 1986–2024050M100M150M200M198619901994199820022006201020142018202220241986: 55,570,000 US$1987: 53,600,000 US$1988: 52,590,000 US$1989: 103,660,000 US$1990: 157,450,000 US$1991: 144,650,000 US$1992: 159,740,000 US$1993: 186,750,000 US$1994: 152,850,000 US$1995: 117,471,000 US$1996: 124,136,000 US$1997: 114,653,000 US$1998: 110,830,000 US$1999: 113,179,640 US$2000: 66,612,311 US$2001: 74,485,939 US$2002: 67,580,000 US$2003: 106,571,857 US$2004: 85,360,000 US$2005: 82,890,000 US$2006: 63,510,000 US$2007: 48,700,000 US$2008: 102,900,000 US$2009: 72,240,000 US$2010: 62,410,000 US$2011: 77,380,000 US$2012: 159,060,000 US$2013: 103,530,000 US$2014: 63,750,486 US$2015: 78,448,487 US$2016: 52,930,990 US$2017: 52,360,000 US$2018: 101,010,000 US$2019: 95,380,000 US$2020: 64,830,000 US$2021: 27,020,000 US$2022: 145,682,000 US$2023: 143,010,000 US$2024: 71,200,000 US$
Change over the period: +15.63M (+28.13%) Average annual rate: 0.65 %

Comparison, 2024

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

Guinea 71.2M US$
World 8.85T US$
Sub-Saharan Africa 85.52B US$
Western Africa computed 18.2B US$
Lower-middle-income countries computed 639B US$
Service exports — Guinea, by year Guinea All countries CSV XLSX
Year US$ Change Change, %
2024 71.2M −71.81M −50.21%
2023 143M −2.67M −1.83%
2022 146M +119M +439.16%
2021 27.02M −37.81M −58.32%
2020 64.83M −30.55M −32.03%
2019 95.38M −5.63M −5.57%
2018 101M +48.65M +92.91%
2017 52.36M −570,990 −1.08%
2016 52.93M −25.52M −32.53%
2015 78.45M +14.7M +23.06%
2014 63.75M −39.78M −38.42%
2013 104M −55.53M −34.91%
2012 159M +81.68M +105.56%
2011 77.38M +14.97M +23.99%
2010 62.41M −9.83M −13.61%
2009 72.24M −30.66M −29.8%
2008 103M +54.2M +111.29%
2007 48.7M −14.81M −23.32%
2006 63.51M −19.38M −23.38%
2005 82.89M −2.47M −2.89%
2004 85.36M −21.21M −19.9%
2003 107M +38.99M +57.7%
2002 67.58M −6.91M −9.27%
2001 74.49M +7.87M +11.82%
2000 66.61M −46.57M −41.14%
1999 113M +2.35M +2.12%
1998 111M −3.82M −3.33%
1997 115M −9.48M −7.64%
1996 124M +6.67M +5.67%
1995 117M −35.38M −23.15%
1994 153M −33.9M −18.15%
1993 187M +27.01M +16.91%
1992 160M +15.09M +10.43%
1991 145M −12.8M −8.13%
1990 157M +53.79M +51.89%
1989 104M +51.07M +97.11%
1988 52.59M −1.01M −1.88%
1987 53.6M −1.97M −3.55%
1986 55.57M

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.