Guinea's merchandise imports by the reporting economy (current US$) was US$5.42 billion in 2023, the latest year in the World Bank's World Development Indicators. That is up 125.67% from US$2.4 billion in 2013 (8.48% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$5.42 billion | 2023 |
| Five years earlier | US$4.1 billion | 2018 |
| Ten years earlier | US$2.4 billion | 2013 |
| Highest | US$5.42 billion | 2023 |
| Lowest | US$2.2 million | 1960 |
| Average since 2014 | US$3.87 billion | 2014–2023 |
| First recorded | US$2.2 million |
What the numbers say
In 2023, Guinea's merchandise imports by the reporting economy (current US$) rose 6% on 2022 (from US$5.11 billion to US$5.42 billion).
Across the 30 yearly changes before that (1993 to 2022), the average change was +7.9% and a typical year strayed about 19.4% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 61.9% in 2016 and the biggest yearly fall was 23.1% in 1982. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 the straight-line trend is upward, about US$297.29 million a year. A straight line explains 79% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about US$5.99 billion for 2026. We show this only because the same method, fitted on earlier years, predicted 2021 to 2023 better than "no change" would have: its average miss was US$416.57 million, against US$945.75 million for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2023, Guinea had the 136th highest value of the 205 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Guinea | US$5.42 billion | 2023 |
| World | US$23.45 trillion | 2023 |
| Sub-Saharan Africa | US$467.85 billion | 2023 |
| Lower middle income | US$1.37 trillion | 2023 |
Closest to Guinea in the 2023 ranking
- Brunei Darussalam — 133rd of 205: US$5.69 billion
- Lao PDR — 134th of 205: US$5.47 billion
- Sudan — 135th of 205: US$5.44 billion
- Djibouti — 137th of 205: US$5.32 billion
- Guyana — 138th of 205: US$5 billion
- Mauritania — 139th of 205: US$4.82 billion
What this measures
Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 45 values
| Year | Merchandise imports by the reporting economy (current US$) |
|---|---|
| 2023 | 5,416,974,065 |
| 2022 | 5,111,906,952 |
| 2021 | 4,124,202,365 |
| 2020 | 3,938,610,066 |
| 2019 | 3,717,542,507 |
| 2018 | 4,098,898,293 |
| 2017 | 4,226,756,828 |
| 2016 | 3,462,611,067 |
| 2015 | 2,138,354,056 |
| 2014 | 2,508,500,828 |
Merchandise imports by the reporting economy (current US$) in nearby economies
- Angola — US$15.69 billion (2023)
- Benin — US$3.91 billion (2023)
- Botswana — US$5.89 billion (2023)
- Burkina Faso — US$5.88 billion (2023)
- Burundi — US$959.12 million (2023)
- Cabo Verde — US$1.74 billion (2023)
- Cameroon — US$8.62 billion (2023)
- Central African Republic — US$736.21 million (2023)
- Chad — US$1.39 billion (2023)
More private sector & trade data for Guinea
- Merchandise imports (current US$) — US$8.34 billion (2025)
- Merchandise exports (current US$) — US$15.1 billion (2025)
- Merchandise trade (% of GDP) — 82.72% (2025)
- Merchandise imports from high-income economies (% of total merchandise imports) — 57.02% (2023)
- Merchandise imports by the reporting economy, residual (% of total merchandise imports) — 0% (2023)
- Merchandise exports to high-income economies (% of total merchandise exports) — 18.91% (2023)
- Merchandise exports by the reporting economy, residual (% of total merchandise exports) — 0% (2023)
- Merchandise exports by the reporting economy (current US$) — US$4.96 billion (2023)
Reading data like this
Questions people ask
- What is Guinea's merchandise imports by the reporting economy (current US$)?
- US$5.42 billion in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1960?
- It is up 246,126% from US$2.2 million in 1960 (13.2% a year on average, compounded). The highest value was US$5.42 billion in 2023 and the lowest US$2.2 million in 1960.
Source
World Bank, World Development Indicators, indicator TM.VAL.MRCH.WL.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Direction of Trade database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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