Guinea-Bissau - Imports of goods and services

Imports of goods and services (BoP, current US$)

The latest value for Imports of goods and services (BoP, current US$) in Guinea-Bissau was $439,386,000 as of 2020. Over the past 38 years, the value for this indicator has fluctuated between $502,204,500 in 2019 and $60,000,000 in 1987.

Definition: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, nonmonetary gold, and services. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1982 $75,100,000
1983 $71,600,000
1984 $81,300,000
1985 $84,600,000
1986 $65,600,000
1987 $60,000,000
1988 $76,000,000
1989 $96,291,000
1990 $88,172,000
1991 $94,877,000
1992 $111,073,000
1993 $74,959,000
1994 $80,910,000
1995 $89,250,000
1996 $86,050,000
1997 $88,640,000
2001 $91,985,620
2002 $85,979,940
2003 $101,510,600
2004 $127,175,200
2005 $147,663,700
2006 $166,623,900
2007 $236,141,500
2008 $283,973,200
2009 $289,202,500
2010 $299,131,800
2011 $339,915,500
2012 $254,269,700
2013 $270,056,500
2014 $330,651,200
2015 $337,785,000
2016 $218,670,600
2017 $446,571,500
2018 $459,132,400
2019 $502,204,500
2020 $439,386,000

Imports of goods and services (current US$)

The latest value for Imports of goods and services (current US$) in Guinea-Bissau was $418,772,100 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $505,091,900 in 2019 and $23,768,620 in 1970.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 $23,768,620
1971 $26,948,630
1972 $31,248,660
1973 $36,398,980
1974 $38,767,760
1975 $28,278,220
1976 $31,395,550
1977 $37,483,120
1978 $44,225,220
1979 $49,224,570
1980 $46,299,660
1981 $55,268,030
1982 $68,336,750
1983 $52,759,850
1984 $71,013,940
1985 $83,018,770
1986 $41,457,270
1987 $67,719,950
1988 $84,150,250
1989 $98,449,730
1990 $90,350,140
1991 $97,180,020
1992 $113,409,900
1993 $77,499,980
1994 $80,839,750
1995 $89,252,260
1996 $86,090,220
1997 $107,106,600
1998 $74,000,260
1999 $96,100,140
2000 $122,897,500
2001 $105,312,800
2002 $97,563,200
2003 $117,415,700
2004 $140,386,000
2005 $147,747,300
2006 $163,496,100
2007 $236,606,700
2008 $284,680,400
2009 $292,391,600
2010 $299,363,900
2011 $340,360,900
2012 $254,220,700
2013 $270,133,200
2014 $331,091,700
2015 $337,933,400
2016 $369,077,000
2017 $446,544,700
2018 $462,553,700
2019 $505,091,900
2020 $418,772,100

Imports of goods and services (current LCU)

The value for Imports of goods and services (current LCU) in Guinea-Bissau was 241,039,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 295,939,000,000 in 2019 and a minimum value of 13,050,800 in 1970.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 13,050,800
1971 14,510,800
1972 16,826,200
1973 21,475,400
1974 23,570,800
1975 18,015,400
1976 20,663,100
1977 23,072,300
1978 30,692,300
1979 37,600,000
1980 35,515,400
1981 36,476,900
1982 51,200,000
1983 47,646,200
1984 131,753,800
1985 204,353,900
1986 238,092,300
1987 582,400,300
1988 1,436,648,000
1989 2,741,666,000
1990 3,037,789,000
1991 5,469,903,000
1992 12,098,070,000
1993 12,020,730,000
1994 16,033,810,000
1995 24,815,620,000
1996 34,930,670,000
1997 62,514,820,000
1998 43,656,590,000
1999 59,168,770,000
2000 87,282,810,000
2001 77,130,830,000
2002 67,680,880,000
2003 68,089,060,000
2004 74,030,860,000
2005 77,901,000,000
2006 85,414,540,000
2007 113,248,000,000
2008 126,967,000,000
2009 137,510,000,000
2010 148,124,000,000
2011 160,395,000,000
2012 129,794,000,000
2013 133,419,000,000
2014 163,479,000,000
2015 199,790,000,000
2016 218,717,000,000
2017 259,289,000,000
2018 256,924,000,000
2019 295,939,000,000
2020 241,039,000,000

Imports of goods and services (constant 2010 US$)

The latest value for Imports of goods and services (constant 2010 US$) in Guinea-Bissau was 420,967,600 as of 2020. Over the past 13 years, the value for this indicator has fluctuated between 459,548,500 in 2017 and 223,833,900 in 2013.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2007 257,681,700
2008 281,459,600
2009 281,672,700
2010 302,360,600
2011 300,713,300
2012 227,070,900
2013 223,833,900
2014 292,003,200
2015 337,933,400
2016 387,409,500
2017 459,548,500
2018 380,356,800
2019 433,987,200
2020 420,967,600

Imports of goods and services (annual % growth)

The value for Imports of goods and services (annual % growth) in Guinea-Bissau was -3.00 as of 2020. As the graph below shows, over the past 19 years this indicator reached a maximum value of 30.54 in 2001 and a minimum value of -24.49 in 2012.

Definition: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2001 30.54
2002 -2.93
2003 -23.52
2004 29.97
2005 -13.46
2008 9.23
2009 0.08
2010 7.34
2011 -0.54
2012 -24.49
2013 -1.43
2014 30.46
2015 15.73
2016 14.64
2017 18.62
2018 -17.23
2019 14.10
2020 -3.00

Imports of goods and services (constant LCU)

The value for Imports of goods and services (constant LCU) in Guinea-Bissau was 198,516,000,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 216,710,000,000 in 2017 and a minimum value of 69,255,960,000 in 2003.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2000 71,455,350,000
2001 93,280,410,000
2002 90,550,250,000
2003 69,255,960,000
2004 90,015,140,000
2005 77,901,000,000
2007 121,515,000,000
2008 132,728,000,000
2009 132,829,000,000
2010 142,584,000,000
2011 141,808,000,000
2012 107,080,000,000
2013 105,553,000,000
2014 137,700,000,000
2015 159,360,000,000
2016 182,691,000,000
2017 216,710,000,000
2018 179,365,000,000
2019 204,656,000,000
2020 198,516,000,000

Imports of goods and services (% of GDP)

Imports of goods and services (% of GDP) in Guinea-Bissau was 29.25 as of 2020. Its highest value over the past 50 years was 57.71 in 1985, while its lowest value was 23.35 in 2002.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 30.19
1971 34.31
1972 35.63
1973 40.73
1974 39.25
1975 25.95
1976 27.94
1977 32.60
1978 36.05
1979 41.53
1980 41.84
1981 35.72
1982 41.29
1983 32.25
1984 51.28
1985 57.71
1986 31.84
1987 38.96
1988 51.17
1989 46.19
1990 37.03
1991 37.79
1992 50.11
1993 32.72
1994 34.31
1995 35.14
1996 31.84
1997 39.88
1998 35.84
1999 42.82
2000 33.12
2001 26.82
2002 23.35
2003 24.59
2004 26.39
2005 25.17
2006 27.60
2007 33.95
2008 32.79
2009 35.22
2010 35.22
2011 30.95
2012 25.70
2013 25.82
2014 31.39
2015 32.24
2016 31.30
2017 33.07
2018 30.74
2019 35.08
2020 29.25

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments