Construction, value added in Guinea
Guinea: Construction, value added was 544.23 million current US$ in 2011. ▲ Rising
Construction, value added in Guinea, 1988–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current US$.
Analysis
Guinea recorded 544.23 million current US$ for construction, value added in 2011. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 8.1% on the previous year and up 105.1% over ten years.
Over the whole period, construction, value added in Guinea peaked at 544.23 million current US$ in 2011 and was at its lowest, 149.36 million current US$, in 1989.
Guinea ranks 23rd of 52 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Construction, value added in Guinea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1988 | 152.30 million current US$ | — |
| 1989 | 149.36 million current US$ | -1.9% |
| 1990 | 184.95 million current US$ | +23.8% |
| 1991 | 187.80 million current US$ | +1.5% |
| 1992 | 227.72 million current US$ | +21.3% |
| 1993 | 234.13 million current US$ | +2.8% |
| 1994 | 217.40 million current US$ | -7.1% |
| 1995 | 306.24 million current US$ | +40.9% |
| 1996 | 329.41 million current US$ | +7.6% |
| 1997 | 357.25 million current US$ | +8.5% |
| 1998 | 370.58 million current US$ | +3.7% |
| 1999 | 323.91 million current US$ | -12.6% |
| 2000 | 275.26 million current US$ | -15.0% |
| 2001 | 265.38 million current US$ | -3.6% |
| 2002 | 282.49 million current US$ | +6.4% |
| 2003 | 347.74 million current US$ | +23.1% |
| 2004 | 340.14 million current US$ | -2.2% |
| 2005 | 240.41 million current US$ | -29.3% |
| 2006 | 246.39 million current US$ | +2.5% |
| 2007 | 422.54 million current US$ | +71.5% |
| 2008 | 375.22 million current US$ | -11.2% |
| 2009 | 433.71 million current US$ | +15.6% |
| 2010 | 503.51 million current US$ | +16.1% |
| 2011 | 544.23 million current US$ | +8.1% |
Guinea compared with similar countries
- Guinea's 544.23 million current US$ is above the median for lower middle income countries, which is 544.23 million current US$, 1.0× the median. (23 countries reporting)
- Guinea's 544.23 million current US$ is above the median for Sub-Saharan Africa, which is 300.18 million current US$, 1.8× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 150.83 million current US$ | 149.36 million current US$ | 152.30 million current US$ | 2 |
| 1990s | 273.94 million current US$ | 184.95 million current US$ | 370.58 million current US$ | 10 |
| 2000s | 322.93 million current US$ | 240.41 million current US$ | 433.71 million current US$ | 10 |
| 2010s | 523.87 million current US$ | 503.51 million current US$ | 544.23 million current US$ | 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$), annual growth rate -28.7 % change on previous year (2024)
Frequently asked questions
- What is construction, value added in Guinea?
- Construction, value added in Guinea was 544.23 million current US$ 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 544.23 million current US$ in 2011.
- What is the lowest construction, value added recorded in Guinea?
- The lowest recorded value was 149.36 million current US$ in 1989.
- How does Guinea rank for construction, value added?
- Guinea ranks 23rd out of 52 countries with data for 2011.
- Is construction, value added rising or falling in Guinea?
- Over the last ten years it is up 105.1%. 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 (current US$). 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 U.S. dollars.