Gross domestic product (GDP) in Guinea
Guinea: Gross domestic product (GDP) was 23.68 billion international-$ in 2011 prices in 2022. ◆ Volatile
Latest (2022)
23.68 billion international-$ in 2011 prices
Change on year
up 4.7%
World rank
141st
of 166 countries
All-time high
23.68 billion international-$ in 2011 prices
in 2022
All-time low
1.34 billion international-$ in 2011 prices
in 1950
Years of data
73
1950–2022
Gross domestic product (GDP) in Guinea, 1950–2022
Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
The most recent figure for gross domestic product (gdp) in Guinea is 23.68 billion international-$ in 2011 prices, measured in 2022. That is the highest value across all 73 years on record.
Compared with earlier readings it is up 4.7% on the previous year and up 68.1% over ten years.
Over the whole period, gross domestic product (gdp) in Guinea peaked at 23.68 billion international-$ in 2011 prices in 2022 and was at its lowest, 1.34 billion international-$ in 2011 prices, in 1950.
Guinea ranks 141st of 166 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Guinea, year by year
| Year | international-$ in 2011 prices | Change |
|---|---|---|
| 1950 | 1.34 billion international-$ in 2011 prices | — |
| 1951 | 1.42 billion international-$ in 2011 prices | +5.8% |
| 1952 | 1.47 billion international-$ in 2011 prices | +3.0% |
| 1953 | 1.52 billion international-$ in 2011 prices | +3.9% |
| 1954 | 1.61 billion international-$ in 2011 prices | +5.8% |
| 1955 | 1.67 billion international-$ in 2011 prices | +3.4% |
| 1956 | 1.73 billion international-$ in 2011 prices | +3.6% |
| 1957 | 1.79 billion international-$ in 2011 prices | +3.6% |
| 1958 | 1.84 billion international-$ in 2011 prices | +2.9% |
| 1959 | 1.95 billion international-$ in 2011 prices | +5.7% |
| 1960 | 2.03 billion international-$ in 2011 prices | +4.2% |
| 1961 | 2.16 billion international-$ in 2011 prices | +6.6% |
| 1962 | 2.32 billion international-$ in 2011 prices | +7.2% |
| 1963 | 2.19 billion international-$ in 2011 prices | -5.4% |
| 1964 | 2.33 billion international-$ in 2011 prices | +6.3% |
| 1965 | 2.49 billion international-$ in 2011 prices | +6.8% |
| 1966 | 2.54 billion international-$ in 2011 prices | +2.2% |
| 1967 | 2.62 billion international-$ in 2011 prices | +2.8% |
| 1968 | 2.69 billion international-$ in 2011 prices | +3.0% |
| 1969 | 2.77 billion international-$ in 2011 prices | +2.8% |
| 1970 | 2.86 billion international-$ in 2011 prices | +3.2% |
| 1971 | 3.01 billion international-$ in 2011 prices | +5.3% |
| 1972 | 3.08 billion international-$ in 2011 prices | +2.3% |
| 1973 | 3.12 billion international-$ in 2011 prices | +1.2% |
| 1974 | 3.28 billion international-$ in 2011 prices | +5.2% |
| 1975 | 3.36 billion international-$ in 2011 prices | +2.5% |
| 1976 | 3.63 billion international-$ in 2011 prices | +7.9% |
| 1977 | 3.50 billion international-$ in 2011 prices | -3.5% |
| 1978 | 3.73 billion international-$ in 2011 prices | +6.5% |
| 1979 | 3.68 billion international-$ in 2011 prices | -1.3% |
| 1980 | 3.76 billion international-$ in 2011 prices | +2.2% |
| 1981 | 3.77 billion international-$ in 2011 prices | +0.3% |
| 1982 | 3.84 billion international-$ in 2011 prices | +1.7% |
| 1983 | 3.87 billion international-$ in 2011 prices | +0.9% |
| 1984 | 3.92 billion international-$ in 2011 prices | +1.3% |
| 1985 | 4.12 billion international-$ in 2011 prices | +5.0% |
| 1986 | 4.23 billion international-$ in 2011 prices | +2.7% |
| 1987 | 4.36 billion international-$ in 2011 prices | +3.1% |
| 1988 | 4.62 billion international-$ in 2011 prices | +5.9% |
| 1989 | 4.80 billion international-$ in 2011 prices | +3.8% |
| 1990 | 5.00 billion international-$ in 2011 prices | +4.3% |
| 1991 | 5.14 billion international-$ in 2011 prices | +2.8% |
| 1992 | 5.36 billion international-$ in 2011 prices | +4.3% |
| 1993 | 5.70 billion international-$ in 2011 prices | +6.2% |
| 1994 | 6.00 billion international-$ in 2011 prices | +5.3% |
| 1995 | 6.35 billion international-$ in 2011 prices | +5.9% |
| 1996 | 6.71 billion international-$ in 2011 prices | +5.6% |
| 1997 | 7.12 billion international-$ in 2011 prices | +6.2% |
| 1998 | 7.47 billion international-$ in 2011 prices | +4.8% |
| 1999 | 7.85 billion international-$ in 2011 prices | +5.1% |
| 2000 | 8.14 billion international-$ in 2011 prices | +3.7% |
| 2001 | 8.53 billion international-$ in 2011 prices | +4.8% |
| 2002 | 9.08 billion international-$ in 2011 prices | +6.4% |
| 2003 | 9.31 billion international-$ in 2011 prices | +2.5% |
| 2004 | 9.65 billion international-$ in 2011 prices | +3.6% |
| 2005 | 10.06 billion international-$ in 2011 prices | +4.3% |
| 2006 | 10.28 billion international-$ in 2011 prices | +2.2% |
| 2007 | 11.11 billion international-$ in 2011 prices | +8.0% |
| 2008 | 11.73 billion international-$ in 2011 prices | +5.6% |
| 2009 | 11.71 billion international-$ in 2011 prices | -0.2% |
| 2010 | 12.36 billion international-$ in 2011 prices | +5.6% |
| 2011 | 13.23 billion international-$ in 2011 prices | +7.0% |
| 2012 | 14.09 billion international-$ in 2011 prices | +6.5% |
| 2013 | 14.71 billion international-$ in 2011 prices | +4.4% |
| 2014 | 14.87 billion international-$ in 2011 prices | +1.1% |
| 2015 | 14.90 billion international-$ in 2011 prices | +0.2% |
| 2016 | 16.53 billion international-$ in 2011 prices | +11.0% |
| 2017 | 18.27 billion international-$ in 2011 prices | +10.5% |
| 2018 | 19.47 billion international-$ in 2011 prices | +6.6% |
| 2019 | 20.56 billion international-$ in 2011 prices | +5.6% |
| 2020 | 21.53 billion international-$ in 2011 prices | +4.7% |
| 2021 | 22.62 billion international-$ in 2011 prices | +5.0% |
| 2022 | 23.68 billion international-$ in 2011 prices | +4.7% |
Guinea compared with similar countries
- Guinea's 23.68 billion international-$ in 2011 prices is below the median for lower middle income countries, which is 54.95 billion international-$ in 2011 prices, 43% of the median. (41 countries reporting)
- Guinea's 23.68 billion international-$ in 2011 prices is below the median for Sub-Saharan Africa, which is 26.73 billion international-$ in 2011 prices, 89% of the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 1.63 billion international-$ in 2011 prices | 1.34 billion international-$ in 2011 prices | 1.95 billion international-$ in 2011 prices | 10 |
| 1960s | 2.41 billion international-$ in 2011 prices | 2.03 billion international-$ in 2011 prices | 2.77 billion international-$ in 2011 prices | 10 |
| 1970s | 3.32 billion international-$ in 2011 prices | 2.86 billion international-$ in 2011 prices | 3.73 billion international-$ in 2011 prices | 10 |
| 1980s | 4.13 billion international-$ in 2011 prices | 3.76 billion international-$ in 2011 prices | 4.80 billion international-$ in 2011 prices | 10 |
| 1990s | 6.27 billion international-$ in 2011 prices | 5.00 billion international-$ in 2011 prices | 7.85 billion international-$ in 2011 prices | 10 |
| 2000s | 9.96 billion international-$ in 2011 prices | 8.14 billion international-$ in 2011 prices | 11.73 billion international-$ in 2011 prices | 10 |
| 2010s | 15.90 billion international-$ in 2011 prices | 12.36 billion international-$ in 2011 prices | 20.56 billion international-$ in 2011 prices | 10 |
| 2020s | 22.61 billion international-$ in 2011 prices | 21.53 billion international-$ in 2011 prices | 23.68 billion international-$ in 2011 prices | 3 |
Countries ranked near Guinea
- 138 Palestine 24.08 billion international-$ in 2011 prices compare
- 139 Moldova 23.83 billion international-$ in 2011 prices compare
- 140 Congo 23.68 billion international-$ in 2011 prices compare
- 142 Namibia 21.86 billion international-$ in 2011 prices compare
- 143 Equatorial Guinea 20.19 billion international-$ in 2011 prices compare
- 144 Jamaica 20.02 billion international-$ in 2011 prices 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$), annual growth rate -28.7 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product (gdp) in Guinea?
- Gross domestic product (gdp) in Guinea was 23.68 billion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Guinea?
- The highest recorded value was 23.68 billion international-$ in 2011 prices in 2022.
- What is the lowest gross domestic product (gdp) recorded in Guinea?
- The lowest recorded value was 1.34 billion international-$ in 2011 prices in 1950.
- How does Guinea rank for gross domestic product (gdp)?
- Guinea ranks 141st out of 166 countries with data for 2022.
- Is gross domestic product (gdp) rising or falling in Guinea?
- Over the last ten years it is up 68.1%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.