Discrepancy in GDP, value added in Guinea
Guinea: Discrepancy in GDP, value added was 0.0015 constant LCU in 2011. ◆ Volatile
Discrepancy in GDP, value added in Guinea, 1995–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in constant LCU.
Analysis
In 2011, discrepancy in gdp, value added in Guinea stood at 0.0015 constant LCU.
That represents a change of up 400.0% over ten years.
Over the whole period, discrepancy in gdp, value added in Guinea peaked at 0.002 constant LCU in 2002 and was at its lowest, -0.001 constant LCU, in 2009.
That places Guinea 16th out of 41 countries with data for 2011, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Discrepancy in GDP, value added in Guinea, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1995 | -0.0005 constant LCU | — |
| 1996 | 0 constant LCU | -100.0% |
| 1997 | 0 constant LCU | — |
| 1998 | 0 constant LCU | — |
| 1999 | 0 constant LCU | — |
| 2000 | -0.0005 constant LCU | — |
| 2001 | -0.0005 constant LCU | -0.0% |
| 2002 | 0.002 constant LCU | -500.0% |
| 2003 | 0.0005 constant LCU | -75.0% |
| 2004 | 0.0005 constant LCU | +0.0% |
| 2005 | 0 constant LCU | -100.0% |
| 2006 | 0.0015 constant LCU | — |
| 2007 | 0 constant LCU | -100.0% |
| 2008 | 0 constant LCU | — |
| 2009 | -0.001 constant LCU | — |
| 2010 | 0 constant LCU | -100.0% |
| 2011 | 0.0015 constant LCU | — |
Guinea compared with similar countries
- Guinea's 0.0015 constant LCU is above the median for lower middle income countries, which is -0.001 constant LCU. (19 countries reporting)
- Guinea's 0.0015 constant LCU is above the median for Sub-Saharan Africa, which is 0 constant LCU, 768.0× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.0001 constant LCU | -0.0005 constant LCU | 0 constant LCU | 5 |
| 2000s | 0.0002 constant LCU | -0.001 constant LCU | 0.002 constant LCU | 10 |
| 2010s | 0.0007 constant LCU | 0 constant LCU | 0.0015 constant LCU | 2 |
Countries ranked near Guinea
- 13 Equatorial Guinea 32.81 million constant LCU compare
- 14 Namibia 2.00 million constant LCU compare
- 15 Mali 1 constant LCU compare
- 17 Chad 0.001 constant LCU compare
- 18 Sudan 0 constant LCU compare
- 19 Burundi 0 constant LCU compare
- 19 Djibouti 0 constant LCU compare
- 19 Ghana 0 constant LCU compare
- 19 Kenya 0 constant LCU compare
- 19 Mozambique 0 constant LCU compare
- 19 South Africa 0 constant LCU compare
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 discrepancy in gdp, value added in Guinea?
- Discrepancy in gdp, value added in Guinea was 0.0015 constant LCU in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest discrepancy in gdp, value added recorded in Guinea?
- The highest recorded value was 0.002 constant LCU in 2002.
- What is the lowest discrepancy in gdp, value added recorded in Guinea?
- The lowest recorded value was -0.001 constant LCU in 2009.
- How does Guinea rank for discrepancy in gdp, value added?
- Guinea ranks 16th out of 41 countries with data for 2011.
- Is discrepancy in gdp, value added rising or falling in Guinea?
- Over the last ten years it is up 400.0%. 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 Discrepancy in GDP, value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
This is the discrepancy included in the value added of services, etc. Covered here are any discrepancies noted by national compilers as well as discrepancies arising from linking new and old series in the World Bank data base. Data are in constant local currency.