Economic Community of West African States (ECOWAS) vs Guinea: Goods balance (credit less debit), Percent of GDP (Balance of)

Economic Community of West African States (ECOWAS)
6.92
in 2027
Guinea
44.58
in 2027
Economic Community of West African States (ECOWAS) rank
2nd
Guinea rank
1st

Goods balance (credit less debit), Percent of GDP (Balance of) over time

  • Economic Community of West African States (ECOWAS)
  • Guinea
-2002040200020132027

How they compare

Guinea currently reports 44.58 against 6.92 in Economic Community of West African States (ECOWAS), a difference of 37.66.

That makes Guinea's figure about 6.4 times Economic Community of West African States (ECOWAS)'s.

The two have swapped places 3 times across 28 shared years of data; in 2000 it was Economic Community of West African States (ECOWAS) ahead.

Economic Community of West African States (ECOWAS) ranks 2nd and Guinea ranks 1st of 19 groups.

Across the 3 decades both report, Economic Community of West African States (ECOWAS) averaged higher in 2 and Guinea in 1.

Head to head by decade

Decade Economic Community of West African States (ECOWAS) Guinea Difference Ahead
2000s 5.9 3.49 2.41 Economic Community of West African States (ECOWAS)
2010s 1.88 -6.06 7.94 Economic Community of West African States (ECOWAS)
2020s 2.99 23.55 20.56 Guinea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods balance (credit less debit), percent of gdp (balance of), Economic Community of West African States (ECOWAS) or Guinea?
Guinea, at 44.58 against 6.92 in Economic Community of West African States (ECOWAS) as of 2027.
What is the difference in goods balance (credit less debit), percent of gdp (balance of) between Economic Community of West African States (ECOWAS) and Guinea?
37.66, with Guinea ahead.
How many years of comparable data are there for Economic Community of West African States (ECOWAS) and Guinea?
28 years are reported by both, from 2000 to 2027.
How do Economic Community of West African States (ECOWAS) and Guinea rank globally for goods balance (credit less debit), percent of gdp (balance of)?
Economic Community of West African States (ECOWAS) ranks 2nd and Guinea ranks 1st of 19 groups.
Where does this data come from?
International Monetary Fund, published as Goods balance (credit less debit), Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Economic Community of West African States (ECOWAS) vs Guinea: Goods balance (credit less debit), Percent of GDP (Balance of). Statizoid, drawing on International Monetary Fund. Retrieved 18 September 2026, from https://financial-sector.statizoid.com/compare/goods-balance-credit-less-debit-percent-of-gdp-balance-of-payments-and-international/economic-community-of-west-african-states-ecowas/guinea/

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About this data

Indicator
Goods balance (credit less debit), Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6))
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
64 places, 1,763 data points, 2000–2027
Last refreshed

Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.