Divergence of GDP per capita among latecomers to the capitalist revolution in Guinea
Guinea: Divergence of GDP per capita among latecomers to the capitalist revolution was 1,606 2011$ in 2018. ▲ Rising
Divergence of GDP per capita among latecomers to the capitalist revolution in Guinea, 1950–2018
Source: Maddison Project Database (2018) – processed by Our World in Data. Measured in 2011$.
Analysis
In 2018, divergence of gdp per capita among latecomers to the capitalist revolution in Guinea stood at 1,606 2011$. That is the highest value across all 69 years on record.
That represents a change of up 2.8% on the previous year and up 24.5% over ten years.
Over the whole period, divergence of gdp per capita among latecomers to the capitalist revolution in Guinea peaked at 1,606 2011$ in 2018 and was at its lowest, 520 2011$, in 1950.
Guinea ranks 135th of 145 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 69 years of available data.
Divergence of GDP per capita among latecomers to the capitalist revolution in Guinea, year by year
| Year | 2011$ | Change |
|---|---|---|
| 1950 | 520 2011$ | — |
| 1951 | 542 2011$ | +4.2% |
| 1952 | 550 2011$ | +1.5% |
| 1953 | 563 2011$ | +2.4% |
| 1954 | 587 2011$ | +4.3% |
| 1955 | 598 2011$ | +1.9% |
| 1956 | 610 2011$ | +2.0% |
| 1957 | 622 2011$ | +2.0% |
| 1958 | 630 2011$ | +1.3% |
| 1959 | 655 2011$ | +4.0% |
| 1960 | 671 2011$ | +2.4% |
| 1961 | 703 2011$ | +4.8% |
| 1962 | 741 2011$ | +5.4% |
| 1963 | 689 2011$ | -7.0% |
| 1964 | 720 2011$ | +4.5% |
| 1965 | 756 2011$ | +5.0% |
| 1966 | 759 2011$ | +0.4% |
| 1967 | 767 2011$ | +1.1% |
| 1968 | 776 2011$ | +1.2% |
| 1969 | 784 2011$ | +1.0% |
| 1970 | 795 2011$ | +1.4% |
| 1971 | 822 2011$ | +3.4% |
| 1972 | 826 2011$ | +0.5% |
| 1973 | 821 2011$ | -0.6% |
| 1974 | 848 2011$ | +3.3% |
| 1975 | 854 2011$ | +0.7% |
| 1976 | 905 2011$ | +6.0% |
| 1977 | 858 2011$ | -5.2% |
| 1978 | 897 2011$ | +4.5% |
| 1979 | 869 2011$ | -3.1% |
| 1980 | 872 2011$ | +0.3% |
| 1981 | 859 2011$ | -1.5% |
| 1982 | 858 2011$ | -0.1% |
| 1983 | 850 2011$ | -0.9% |
| 1984 | 824 2011$ | -3.1% |
| 1985 | 821 2011$ | -0.4% |
| 1986 | 819 2011$ | -0.2% |
| 1987 | 826 2011$ | +0.9% |
| 1988 | 856 2011$ | +3.6% |
| 1989 | 869 2011$ | +1.5% |
| 1990 | 861 2011$ | -0.9% |
| 1991 | 827.01 2011$ | -3.9% |
| 1992 | 833.23 2011$ | +0.8% |
| 1993 | 862.73 2011$ | +3.5% |
| 1994 | 882.49 2011$ | +2.3% |
| 1995 | 906.26 2011$ | +2.7% |
| 1996 | 927.13 2011$ | +2.3% |
| 1997 | 976.5 2011$ | +5.3% |
| 1998 | 1,011 2011$ | +3.5% |
| 1999 | 1,031 2011$ | +2.0% |
| 2000 | 1,047 2011$ | +1.5% |
| 2001 | 1,091 2011$ | +4.2% |
| 2002 | 1,149 2011$ | +5.3% |
| 2003 | 1,146 2011$ | -0.2% |
| 2004 | 1,160 2011$ | +1.2% |
| 2005 | 1,187 2011$ | +2.3% |
| 2006 | 1,188 2011$ | +0.2% |
| 2007 | 1,253 2011$ | +5.5% |
| 2008 | 1,290 2011$ | +3.0% |
| 2009 | 1,255 2011$ | -2.7% |
| 2010 | 1,292 2011$ | +2.9% |
| 2011 | 1,347 2011$ | +4.3% |
| 2012 | 1,397 2011$ | +3.7% |
| 2013 | 1,421 2011$ | +1.7% |
| 2014 | 1,399 2011$ | -1.5% |
| 2015 | 1,364 2011$ | -2.5% |
| 2016 | 1,417 2011$ | +3.9% |
| 2017 | 1,563 2011$ | +10.3% |
| 2018 | 1,606 2011$ | +2.8% |
Guinea compared with similar countries
- Guinea's 1,606 2011$ is below the median for lower middle income countries, which is 4,183 2011$, 38% of the median. (34 countries reporting)
- Guinea's 1,606 2011$ is below the median for Sub-Saharan Africa, which is 2,046 2011$, 79% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 587.7 2011$ | 520 2011$ | 655 2011$ | 10 |
| 1960s | 736.6 2011$ | 671 2011$ | 784 2011$ | 10 |
| 1970s | 849.5 2011$ | 795 2011$ | 905 2011$ | 10 |
| 1980s | 845.4 2011$ | 819 2011$ | 872 2011$ | 10 |
| 1990s | 911.85 2011$ | 827.01 2011$ | 1,031 2011$ | 10 |
| 2000s | 1,177 2011$ | 1,047 2011$ | 1,290 2011$ | 10 |
| 2010s | 1,423 2011$ | 1,292 2011$ | 1,606 2011$ | 9 |
Countries ranked near Guinea
- 132 Sierra Leone 1,684 2011$ compare
- 133 Mali 1,667 2011$ compare
- 134 Zimbabwe 1,611 2011$ compare
- 136 Burkina Faso 1,590 2011$ compare
- 137 Guinea-Bissau 1,501 2011$ compare
- 138 Togo 1,451 2011$ 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$), annual growth rate -28.7 % change on previous year (2024)
Frequently asked questions
- What is divergence of gdp per capita among latecomers to the capitalist revolution in Guinea?
- Divergence of gdp per capita among latecomers to the capitalist revolution in Guinea was 1,606 2011$ in 2018, according to Maddison Project Database (2018) – processed by Our World in Data.
- What is the highest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Guinea?
- The highest recorded value was 1,606 2011$ in 2018.
- What is the lowest divergence of gdp per capita among latecomers to the capitalist revolution recorded in Guinea?
- The lowest recorded value was 520 2011$ in 1950.
- How does Guinea rank for divergence of gdp per capita among latecomers to the capitalist revolution?
- Guinea ranks 135th out of 145 countries with data for 2018.
- Is divergence of gdp per capita among latecomers to the capitalist revolution rising or falling in Guinea?
- Over the last ten years it is up 24.5%. The long-run trend across the full record is rising.
- Where does this Guinea data come from?
- The figures come from Maddison Project Database (2018) – processed by Our World in Data, published as part of Divergence of GDP per capita among latecomers to the capitalist revolution. Statizoid updates them automatically from the source API.
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About this data
Unit 1 'The capitalist revolution: prosperity, inequality, and planetary limits’ in The CORE Team, The Economy 2.0 Microeconomics. Available at: https://tinyco.re/4329598 [Figure 1.19]