Guinea - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in Guinea was 16.05 as of 2020. Its highest value over the past 34 years was 16.05 in 2020, while its lowest value was -53.10 in 2016.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1986 | 3.02 |
| 1987 | 0.93 |
| 1988 | -4.20 |
| 1989 | 1.31 |
| 1990 | -2.37 |
| 1991 | -0.25 |
| 1992 | -1.20 |
| 1993 | -1.57 |
| 1994 | -3.11 |
| 1995 | -3.41 |
| 1996 | -5.15 |
| 1997 | -3.29 |
| 1998 | -5.64 |
| 1999 | -4.39 |
| 2000 | -4.43 |
| 2001 | -1.44 |
| 2002 | -2.49 |
| 2003 | 0.77 |
| 2004 | -1.19 |
| 2005 | -0.33 |
| 2006 | -21.74 |
| 2007 | -24.02 |
| 2008 | -20.90 |
| 2009 | -24.78 |
| 2010 | -12.86 |
| 2011 | -20.75 |
| 2012 | -20.40 |
| 2013 | -27.49 |
| 2014 | -23.39 |
| 2015 | -29.45 |
| 2016 | -53.10 |
| 2017 | -11.93 |
| 2018 | -8.57 |
| 2019 | -12.33 |
| 2020 | 16.05 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts