Discrepancy in GDP, value added in Guinea
Guinea: Discrepancy in GDP, value added was 0.0039 current LCU in 2011. ◆ Volatile
Discrepancy in GDP, 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, discrepancy in gdp, value added in Guinea stood at 0.0039 current LCU.
Compared with earlier readings it is up 300.0% on the previous year.
Over the whole period, discrepancy in gdp, value added in Guinea peaked at 560.10 million current LCU in 1995 and was at its lowest, -59.10 million current LCU, in 1998.
Guinea ranks 24th of 51 countries on this measure, 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 | current LCU | Change |
|---|---|---|
| 1988 | 0 current LCU | — |
| 1989 | 40.00 million current LCU | — |
| 1990 | -12.39 million current LCU | -131.0% |
| 1991 | 0 current LCU | -100.0% |
| 1992 | 0 current LCU | — |
| 1993 | 0 current LCU | — |
| 1994 | -21,625 current LCU | — |
| 1995 | 560.10 million current LCU | -2590169.8% |
| 1996 | 471.40 million current LCU | -15.8% |
| 1997 | 522.60 million current LCU | +10.9% |
| 1998 | -59.10 million current LCU | -111.3% |
| 1999 | 74.90 million current LCU | -226.7% |
| 2000 | 0.0005 current LCU | -100.0% |
| 2001 | 0 current LCU | -100.0% |
| 2002 | -0.0005 current LCU | — |
| 2003 | 0.0005 current LCU | -200.0% |
| 2004 | 0.001 current LCU | +100.0% |
| 2005 | 0.0024 current LCU | +150.0% |
| 2006 | 0 current LCU | -100.0% |
| 2007 | -0.001 current LCU | — |
| 2008 | 0.001 current LCU | -200.0% |
| 2009 | -0.0039 current LCU | -500.0% |
| 2010 | 0.001 current LCU | -125.0% |
| 2011 | 0.0039 current LCU | +300.0% |
Guinea compared with similar countries
- Guinea's 0.0039 current LCU is above the median for lower middle income countries, which is 0.002 current LCU, 2.0× the median. (24 countries reporting)
- Guinea's 0.0039 current LCU is above the median for Sub-Saharan Africa, which is 0.0021 current LCU, 1.9× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Discrepancy in GDP, value added in Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +2590169.8% | -21,625 current LCU | 560.10 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 20.00 million current LCU | 0 current LCU | 40.00 million current LCU | 2 |
| 1990s | 155.75 million current LCU | -59.10 million current LCU | 560.10 million current LCU | 10 |
| 2000s | 0 current LCU | -0.0039 current LCU | 0.0024 current LCU | 10 |
| 2010s | 0.0024 current LCU | 0.001 current LCU | 0.0039 current LCU | 2 |
Countries ranked near Guinea
- 21 Cote d'Ivoire 103.32 million current LCU compare
- 22 Namibia 1.00 million current LCU compare
- 23 Chad 65,536 current LCU compare
- 25 Burundi 0.0002 current LCU compare
- 26 Sudan 0 current LCU compare
- 27 Algeria 0 current LCU
- 27 Central African Republic 0 current LCU
- 27 Djibouti 0 current LCU compare
- 27 Ethiopia 0 current LCU compare
- 27 Ghana 0 current LCU compare
- 27 Guinea-Bissau 0 current LCU
- 27 Malawi 0 current LCU compare
- 27 Morocco 0 current LCU compare
- 27 Nigeria 0 current LCU
- 27 South Africa 0 current LCU compare
- 27 Tunisia 0 current LCU compare
- 27 Zimbabwe 0 current LCU
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 0.0039 current 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 560.10 million current LCU in 1995.
- What is the lowest discrepancy in gdp, value added recorded in Guinea?
- The lowest recorded value was -59.10 million current LCU in 1998.
- How does Guinea rank for discrepancy in gdp, value added?
- Guinea ranks 24th out of 51 countries with data for 2011.
- 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 (current 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 current local currency.