GDP Deflator — Value US$, 2015 prices in Guinea
Guinea: GDP Deflator — Value US$, 2015 prices was 167.87 USD in 2024. ▲ Rising
GDP Deflator — Value US$, 2015 prices in Guinea, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2024, gdp deflator — value us$, 2015 prices in Guinea stood at 167.87 USD. That is the highest value across all 55 years on record.
The figure is up 7.0% on the previous year and up 62.0% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Guinea peaked at 167.87 USD in 2024 and was at its lowest, 39.84 USD, in 1970.
Guinea ranks 9th of 203 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value US$, 2015 prices in Guinea, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 39.84 USD | — |
| 1971 | 41.86 USD | +5.1% |
| 1972 | 43.67 USD | +4.3% |
| 1973 | 46.07 USD | +5.5% |
| 1974 | 50.21 USD | +9.0% |
| 1975 | 54.86 USD | +9.3% |
| 1976 | 57.88 USD | +5.5% |
| 1977 | 61.48 USD | +6.2% |
| 1978 | 65.8 USD | +7.0% |
| 1979 | 71.26 USD | +8.3% |
| 1980 | 77.7 USD | +9.0% |
| 1981 | 85.05 USD | +9.5% |
| 1982 | 90.31 USD | +6.2% |
| 1983 | 93.85 USD | +3.9% |
| 1984 | 97.23 USD | +3.6% |
| 1985 | 100.31 USD | +3.2% |
| 1986 | 102.33 USD | +2.0% |
| 1987 | 104.86 USD | +2.5% |
| 1988 | 108.56 USD | +3.5% |
| 1989 | 106.47 USD | -1.9% |
| 1990 | 111.91 USD | +5.1% |
| 1991 | 115.35 USD | +3.1% |
| 1992 | 120.34 USD | +4.3% |
| 1993 | 113.96 USD | -5.3% |
| 1994 | 114.81 USD | +0.7% |
| 1995 | 124.5 USD | +8.4% |
| 1996 | 123.89 USD | -0.5% |
| 1997 | 115.01 USD | -7.2% |
| 1998 | 100.38 USD | -12.7% |
| 1999 | 93.02 USD | -7.3% |
| 2000 | 81.24 USD | -12.7% |
| 2001 | 74.78 USD | -8.0% |
| 2002 | 71.16 USD | -4.8% |
| 2003 | 82.14 USD | +15.4% |
| 2004 | 84.72 USD | +3.1% |
| 2005 | 66.46 USD | -21.5% |
| 2006 | 69.25 USD | +4.2% |
| 2007 | 96.5 USD | +39.4% |
| 2008 | 102.74 USD | +6.5% |
| 2009 | 100.22 USD | -2.5% |
| 2010 | 97.56 USD | -2.7% |
| 2011 | 91.45 USD | -6.3% |
| 2012 | 97.2 USD | +6.3% |
| 2013 | 102.55 USD | +5.5% |
| 2014 | 103.64 USD | +1.1% |
| 2015 | 100 USD | -3.5% |
| 2016 | 88.2 USD | -11.8% |
| 2017 | 96.05 USD | +8.9% |
| 2018 | 103.71 USD | +8.0% |
| 2019 | 111.33 USD | +7.3% |
| 2020 | 111.43 USD | +0.1% |
| 2021 | 121.85 USD | +9.4% |
| 2022 | 140.8 USD | +15.6% |
| 2023 | 156.82 USD | +11.4% |
| 2024 | 167.87 USD | +7.0% |
Guinea compared with similar countries
- Guinea's 167.87 USD is above the median for lower middle income countries, which is 112.12 USD, 1.5× the median. (41 countries reporting)
- Guinea's 167.87 USD is above the median for Sub-Saharan Africa, which is 112.88 USD, 1.5× the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 53.3 USD | 39.84 USD | 71.26 USD | 10 |
| 1980s | 96.67 USD | 77.7 USD | 108.56 USD | 10 |
| 1990s | 113.32 USD | 93.02 USD | 124.5 USD | 10 |
| 2000s | 82.92 USD | 66.46 USD | 102.74 USD | 10 |
| 2010s | 99.17 USD | 88.2 USD | 111.33 USD | 10 |
| 2020s | 139.75 USD | 111.43 USD | 167.87 USD | 5 |
Countries ranked near Guinea
- 6 Haiti 194.63 USD compare
- 6 Melanesia 119.09 USD compare
- 7 Bulgaria 172.57 USD compare
- 7 Democratic Republic of the Congo 117.43 USD compare
- 8 Albania 172.16 USD compare
- 8 Viet Nam 112.67 USD compare
- 9 Polynesia 110.58 USD compare
- 10 Romania 160.66 USD compare
- 10 Timor-Leste 108.68 USD compare
- 11 Armenia 158.21 USD compare
- 11 Democratic People's Republic of Korea 107.88 USD compare
- 12 Cabo Verde 118.88 USD compare
- 12 Kyrgyzstan 155.77 USD 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$), annual growth rate -28.7 % change on previous year (2024)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices in Guinea?
- Gdp deflator — value us$, 2015 prices in Guinea was 167.87 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Guinea?
- The highest recorded value was 167.87 USD in 2024.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Guinea?
- The lowest recorded value was 39.84 USD in 1970.
- How does Guinea rank for gdp deflator — value us$, 2015 prices?
- Guinea ranks 9th out of 203 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Guinea?
- Over the last ten years it is up 62.0%. The long-run trend across the full record is rising.
- Where does this Guinea data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).