Construction, value added (current LCU) in Guinea
Guinea: Construction, value added (current LCU) was 3.60 trillion current LCU in 2011. ◆ Volatile
Construction, value added in Guinea, 1988–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.
Analysis
In 2011, construction, value added in Guinea stood at 3.60 trillion current LCU. That is the highest value across all 24 years on record.
That represents a change of up 25.0% on the previous year and up 597.1% over ten years.
Over the whole period, construction, value added in Guinea peaked at 3.60 trillion current LCU in 2011 and was at its lowest, 72.25 billion current LCU, in 1988.
Guinea ranks 3rd of 51 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Construction, value added (current LCU) in Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1988 | 72.25 billion current LCU | — |
| 1989 | 88.37 billion current LCU | +22.3% |
| 1990 | 122.11 billion current LCU | +38.2% |
| 1991 | 141.58 billion current LCU | +16.0% |
| 1992 | 205.41 billion current LCU | +45.1% |
| 1993 | 223.71 billion current LCU | +8.9% |
| 1994 | 212.31 billion current LCU | -5.1% |
| 1995 | 303.61 billion current LCU | +43.0% |
| 1996 | 330.73 billion current LCU | +8.9% |
| 1997 | 391.29 billion current LCU | +18.3% |
| 1998 | 458.34 billion current LCU | +17.1% |
| 1999 | 449.39 billion current LCU | -2.0% |
| 2000 | 480.85 billion current LCU | +7.0% |
| 2001 | 516.91 billion current LCU | +7.5% |
| 2002 | 558.26 billion current LCU | +8.0% |
| 2003 | 690.23 billion current LCU | +23.6% |
| 2004 | 756.83 billion current LCU | +9.6% |
| 2005 | 876.13 billion current LCU | +15.8% |
| 2006 | 1.32 trillion current LCU | +50.5% |
| 2007 | 1.74 trillion current LCU | +32.2% |
| 2008 | 2.06 trillion current LCU | +18.5% |
| 2009 | 2.30 trillion current LCU | +11.7% |
| 2010 | 2.88 trillion current LCU | +25.1% |
| 2011 | 3.60 trillion current LCU | +25.0% |
Guinea compared with similar countries
- Guinea's 3.60 trillion current LCU is above the median for lower middle income countries, which is 61.00 billion current LCU, 59.1× the median. (23 countries reporting)
- Guinea's 3.60 trillion current LCU is above the median for Sub-Saharan Africa, which is 76.50 billion current LCU, 47.1× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 80.31 billion current LCU | 72.25 billion current LCU | 88.37 billion current LCU | 2 |
| 1990s | 283.85 billion current LCU | 122.11 billion current LCU | 458.34 billion current LCU | 10 |
| 2000s | 1.13 trillion current LCU | 480.85 billion current LCU | 2.30 trillion current LCU | 10 |
| 2010s | 3.24 trillion current LCU | 2.88 trillion current LCU | 3.60 trillion current LCU | 2 |
Countries ranked near Guinea
More economy & growth data for Guinea
- Real gdp growth, annual growth rate -2.71 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 470.07 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0005 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.9019 units per person (2025)
- SDRs holdings, SDR, annual growth rate 442.86 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0004 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.6586 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is construction, value added in Guinea?
- Construction, value added in Guinea was 3.60 trillion current 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 3.60 trillion current LCU in 2011.
- What is the lowest construction, value added recorded in Guinea?
- The lowest recorded value was 72.25 billion current LCU in 1988.
- How does Guinea rank for construction, value added?
- Guinea ranks 3rd out of 51 countries with data for 2011.
- Is construction, value added rising or falling in Guinea?
- Over the last ten years it is up 597.1%. The long-run trend across the full record is volatile.
- 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 (current LCU). Statizoid updates them automatically from the source API.
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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 current local currency.