Global Revenue Statistics - Comparative tax revenues in Guinea
Guinea: Global Revenue Statistics - Comparative tax revenues was 12.79 Percentage of GDP in 2024. ▲ Rising
Global Revenue Statistics - Comparative tax revenues in Guinea, 2000–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2024, global revenue statistics - comparative tax revenues in Guinea stood at 12.79 Percentage of GDP.
That represents a change of up 8.3% on the previous year and up 0.2% over ten years.
Over the whole period, global revenue statistics - comparative tax revenues in Guinea peaked at 14.47 Percentage of GDP in 2012 and was at its lowest, 7.46 Percentage of GDP, in 2003.
That places Guinea 116th out of 135 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Global Revenue Statistics - Comparative tax revenues in Guinea, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 7.47 Percentage of GDP | — |
| 2001 | 8.19 Percentage of GDP | +9.7% |
| 2002 | 8.74 Percentage of GDP | +6.7% |
| 2003 | 7.46 Percentage of GDP | -14.7% |
| 2004 | 7.58 Percentage of GDP | +1.6% |
| 2005 | 8.38 Percentage of GDP | +10.6% |
| 2006 | 8.46 Percentage of GDP | +0.9% |
| 2007 | 8.83 Percentage of GDP | +4.3% |
| 2008 | 9.49 Percentage of GDP | +7.5% |
| 2009 | 10.2 Percentage of GDP | +7.5% |
| 2010 | 9.74 Percentage of GDP | -4.4% |
| 2011 | 11.61 Percentage of GDP | +19.2% |
| 2012 | 14.47 Percentage of GDP | +24.6% |
| 2013 | 12.96 Percentage of GDP | -10.4% |
| 2014 | 12.76 Percentage of GDP | -1.5% |
| 2015 | 12.84 Percentage of GDP | +0.6% |
| 2016 | 13.9 Percentage of GDP | +8.2% |
| 2017 | 12.67 Percentage of GDP | -8.8% |
| 2018 | 12.42 Percentage of GDP | -2.0% |
| 2019 | 12.7 Percentage of GDP | +2.3% |
| 2020 | 12.12 Percentage of GDP | -4.6% |
| 2021 | 11.96 Percentage of GDP | -1.3% |
| 2022 | 12.34 Percentage of GDP | +3.2% |
| 2023 | 11.82 Percentage of GDP | -4.3% |
| 2024 | 12.79 Percentage of GDP | +8.3% |
Guinea compared with similar countries
- Guinea's 12.79 Percentage of GDP is below the median for lower middle income countries, which is 15.59 Percentage of GDP, 82% of the median. (30 countries reporting)
- Guinea's 12.79 Percentage of GDP is below the median for Sub-Saharan Africa, which is 14.85 Percentage of GDP, 86% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.48 Percentage of GDP | 7.46 Percentage of GDP | 10.2 Percentage of GDP | 10 |
| 2010s | 12.61 Percentage of GDP | 9.74 Percentage of GDP | 14.47 Percentage of GDP | 10 |
| 2020s | 12.21 Percentage of GDP | 11.82 Percentage of GDP | 12.79 Percentage of GDP | 5 |
Countries ranked near Guinea
More economy & growth data for Guinea
- Real gdp growth, annual growth rate -2.71 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 470.07 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0005 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.9019 units per person (2025)
- SDRs holdings, SDR, annual growth rate 442.86 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0004 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.6586 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is global revenue statistics - comparative tax revenues in Guinea?
- Global revenue statistics - comparative tax revenues in Guinea was 12.79 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest global revenue statistics - comparative tax revenues recorded in Guinea?
- The highest recorded value was 14.47 Percentage of GDP in 2012.
- What is the lowest global revenue statistics - comparative tax revenues recorded in Guinea?
- The lowest recorded value was 7.46 Percentage of GDP in 2003.
- How does Guinea rank for global revenue statistics - comparative tax revenues?
- Guinea ranks 116th out of 135 countries with data for 2024.
- Is global revenue statistics - comparative tax revenues rising or falling in Guinea?
- Over the last ten years it is up 0.2%. The long-run trend across the full record is rising.
- Where does this Guinea data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Global Revenue Statistics - Comparative tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax revenue data from countries included in Global Revenue Statistics, presented as a percentage of GDP and as a share of total tax revenue, as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax.