Annual GDP growth in Guinea
Guinea: Annual GDP growth was 6.7% in 2023. β Volatile
Latest (2023)
6.7%
Change on year
up 69.8%
World rank
19th
of 211 countries
All-time high
10.8%
in 2016
All-time low
-1.1%
in 2009
Years of data
24
2000β2023
Annual GDP growth in Guinea, 2000β2023
Source: World Bank β processed by Our World in Data. Measured in %.
Analysis
Guinea recorded 6.7% for annual gdp growth in 2023.
Compared with earlier readings it is up 69.8% on the previous year and up 70.6% over ten years.
Over the whole period, annual gdp growth in Guinea peaked at 10.8% in 2016 and was at its lowest, -1.1%, in 2009.
That places Guinea 19th out of 211 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.9% | -1.1% | 6.8% | 10 |
| 2010s | 6.1% | 3.7% | 10.8% | 10 |
| 2020s | 5.2% | 4.0% | 6.7% | 4 |
Countries ranked near Guinea
More economy & growth data for Guinea
- External balance on goods and services as a percent of GDP -20.9% (2025)
- Inflation of consumer prices 3.5% (2025)
- GDP per capita 1,098 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 12.7% (2022)
- Gross domestic product (GDP) 16.58 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 1,098 constant 2015 US$ (2025)
- DEC alternative conversion factor 8,638 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 3.40 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 393.46 million current US$ (2025)
- Taxes less subsidies on products 18.59 trillion current LCU (2025)
Frequently asked questions
- What is annual gdp growth in Guinea?
- Annual gdp growth in Guinea was 6.7% in 2023, according to World Bank β processed by Our World in Data.
- What is the highest annual gdp growth recorded in Guinea?
- The highest recorded value was 10.8% in 2016.
- What is the lowest annual gdp growth recorded in Guinea?
- The lowest recorded value was -1.1% in 2009.
- How does Guinea rank for annual gdp growth?
- Guinea ranks 19th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Guinea?
- Over the last ten years it is up 70.6%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from World Bank β processed by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 24 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Annual GDP growth (%)