Construction, value added in Guinea
Guinea: Construction, value added was 1.00 trillion constant LCU in 2011. ▲ Rising
Construction, value added in Guinea, 1988–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in constant LCU.
Analysis
In 2011, construction, value added in Guinea stood at 1.00 trillion constant LCU. That is the highest value across all 24 years on record.
That represents a change of up 5.0% on the previous year and up 55.2% over ten years.
Over the whole period, construction, value added in Guinea peaked at 1.00 trillion constant LCU in 2011 and was at its lowest, 304.44 billion constant LCU, in 1988.
That places Guinea 3rd out of 46 countries with data for 2011, putting it in the top 10%.
The long-run direction has been consistently rising across the 24 years of available data.
Construction, value added in Guinea, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1988 | 304.44 billion constant LCU | — |
| 1989 | 304.44 billion constant LCU | +0.0% |
| 1990 | 339.23 billion constant LCU | +11.4% |
| 1991 | 340.46 billion constant LCU | +0.4% |
| 1992 | 360.21 billion constant LCU | +5.8% |
| 1993 | 383.62 billion constant LCU | +6.5% |
| 1994 | 411.62 billion constant LCU | +7.3% |
| 1995 | 441.26 billion constant LCU | +7.2% |
| 1996 | 467.74 billion constant LCU | +6.0% |
| 1997 | 484.11 billion constant LCU | +3.5% |
| 1998 | 517.03 billion constant LCU | +6.8% |
| 1999 | 561.23 billion constant LCU | +8.5% |
| 2000 | 600.52 billion constant LCU | +7.0% |
| 2001 | 645.56 billion constant LCU | +7.5% |
| 2002 | 697.20 billion constant LCU | +8.0% |
| 2003 | 690.23 billion constant LCU | -1.0% |
| 2004 | 731.64 billion constant LCU | +6.0% |
| 2005 | 775.54 billion constant LCU | +6.0% |
| 2006 | 837.59 billion constant LCU | +8.0% |
| 2007 | 850.15 billion constant LCU | +1.5% |
| 2008 | 913.91 billion constant LCU | +7.5% |
| 2009 | 913.00 billion constant LCU | -0.1% |
| 2010 | 954.08 billion constant LCU | +4.5% |
| 2011 | 1.00 trillion constant LCU | +5.0% |
Guinea compared with similar countries
- Guinea's 1.00 trillion constant LCU is above the median for lower middle income countries, which is 37.65 billion constant LCU, 26.6× the median. (22 countries reporting)
- Guinea's 1.00 trillion constant LCU is above the median for Sub-Saharan Africa, which is 43.49 billion constant LCU, 23.0× the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 304.44 billion constant LCU | 304.44 billion constant LCU | 304.44 billion constant LCU | 2 |
| 1990s | 430.65 billion constant LCU | 339.23 billion constant LCU | 561.23 billion constant LCU | 10 |
| 2000s | 765.53 billion constant LCU | 600.52 billion constant LCU | 913.91 billion constant LCU | 10 |
| 2010s | 977.94 billion constant LCU | 954.08 billion constant LCU | 1.00 trillion constant LCU | 2 |
Countries ranked near Guinea
More economy & growth data for Guinea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.64 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 30,000 BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.002 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.40 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 6.61 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0561 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 95.01 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -28.7 % change on previous year (2024)
Frequently asked questions
- What is construction, value added in Guinea?
- Construction, value added in Guinea was 1.00 trillion constant LCU in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest construction, value added recorded in Guinea?
- The highest recorded value was 1.00 trillion constant LCU in 2011.
- What is the lowest construction, value added recorded in Guinea?
- The lowest recorded value was 304.44 billion constant LCU in 1988.
- How does Guinea rank for construction, value added?
- Guinea ranks 3rd out of 46 countries with data for 2011.
- Is construction, value added rising or falling in Guinea?
- Over the last ten years it is up 55.2%. The long-run trend across the full record is rising.
- Where does this Guinea data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Construction, value added (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Value added in construction is defined as the value of output of the construction industry less the value of intermediate consumption (intermediate inputs). Construction is a subset of industry (ISIC 45). Data are in constant local currency.