Grants, excluding technical cooperation in Guinea
Guinea: Grants, excluding technical cooperation was 393.69 million BoP, current US$ in 2023. ◆ Volatile
Grants, excluding technical cooperation in Guinea, 1960–2023
Source: DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD). Measured in BoP, current US$.
Analysis
The most recent figure for grants, excluding technical cooperation in Guinea is 393.69 million BoP, current US$, measured in 2023.
Compared with earlier readings it is up 21.4% on the previous year and down 28.5% over ten years.
Over the whole period, grants, excluding technical cooperation in Guinea peaked at 604.44 million BoP, current US$ in 2012 and was at its lowest, 60,000 BoP, current US$, in 1960.
That places Guinea 61st out of 181 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Grants, excluding technical cooperation in Guinea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1960 | 60,000 BoP, current US$ | — |
| 1961 | 1.02 million BoP, current US$ | +1600.0% |
| 1962 | 6.41 million BoP, current US$ | +528.4% |
| 1963 | 14.56 million BoP, current US$ | +127.1% |
| 1964 | 12.56 million BoP, current US$ | -13.7% |
| 1965 | 21.46 million BoP, current US$ | +70.9% |
| 1966 | 7.54 million BoP, current US$ | -64.9% |
| 1967 | 1.09 million BoP, current US$ | -85.5% |
| 1968 | 1.81 million BoP, current US$ | +66.1% |
| 1969 | 690,000 BoP, current US$ | -61.9% |
| 1970 | 1.52 million BoP, current US$ | +120.3% |
| 1971 | 660,000 BoP, current US$ | -56.6% |
| 1972 | 3.41 million BoP, current US$ | +416.7% |
| 1973 | 1.28 million BoP, current US$ | -62.5% |
| 1974 | 14.26 million BoP, current US$ | +1014.1% |
| 1975 | 3.03 million BoP, current US$ | -78.8% |
| 1976 | 1.89 million BoP, current US$ | -37.6% |
| 1977 | 2.60 million BoP, current US$ | +37.6% |
| 1978 | 18.80 million BoP, current US$ | +623.1% |
| 1979 | 19.17 million BoP, current US$ | +2.0% |
| 1980 | 25.18 million BoP, current US$ | +31.4% |
| 1981 | 22.05 million BoP, current US$ | -12.4% |
| 1982 | 19.61 million BoP, current US$ | -11.1% |
| 1983 | 17.71 million BoP, current US$ | -9.7% |
| 1984 | 59.80 million BoP, current US$ | +237.7% |
| 1985 | 44.80 million BoP, current US$ | -25.1% |
| 1986 | 48.86 million BoP, current US$ | +9.1% |
| 1987 | 65.65 million BoP, current US$ | +34.4% |
| 1988 | 65.53 million BoP, current US$ | -0.2% |
| 1989 | 130.17 million BoP, current US$ | +98.6% |
| 1990 | 93.51 million BoP, current US$ | -28.2% |
| 1991 | 154.43 million BoP, current US$ | +65.1% |
| 1992 | 221.54 million BoP, current US$ | +43.5% |
| 1993 | 165.99 million BoP, current US$ | -25.1% |
| 1994 | 162.28 million BoP, current US$ | -2.2% |
| 1995 | 235.20 million BoP, current US$ | +44.9% |
| 1996 | 149.50 million BoP, current US$ | -36.4% |
| 1997 | 125.08 million BoP, current US$ | -16.3% |
| 1998 | 172.73 million BoP, current US$ | +38.1% |
| 1999 | 158.66 million BoP, current US$ | -8.1% |
| 2000 | 112.19 million BoP, current US$ | -29.3% |
| 2001 | 178.37 million BoP, current US$ | +59.0% |
| 2002 | 195.66 million BoP, current US$ | +9.7% |
| 2003 | 193.51 million BoP, current US$ | -1.1% |
| 2004 | 212.01 million BoP, current US$ | +9.6% |
| 2005 | 137.14 million BoP, current US$ | -35.3% |
| 2006 | 137.83 million BoP, current US$ | +0.5% |
| 2007 | 180.86 million BoP, current US$ | +31.2% |
| 2008 | 300.46 million BoP, current US$ | +66.1% |
| 2009 | 213.53 million BoP, current US$ | -28.9% |
| 2010 | 170.81 million BoP, current US$ | -20.0% |
| 2011 | 313.56 million BoP, current US$ | +83.6% |
| 2012 | 604.44 million BoP, current US$ | +92.8% |
| 2013 | 550.98 million BoP, current US$ | -8.8% |
| 2014 | 398.61 million BoP, current US$ | -27.7% |
| 2015 | 448.46 million BoP, current US$ | +12.5% |
| 2016 | 423.36 million BoP, current US$ | -5.6% |
| 2017 | 368.94 million BoP, current US$ | -12.9% |
| 2018 | 388.68 million BoP, current US$ | +5.4% |
| 2019 | 350.79 million BoP, current US$ | -9.7% |
| 2020 | 359.92 million BoP, current US$ | +2.6% |
| 2021 | 395.99 million BoP, current US$ | +10.0% |
| 2022 | 324.39 million BoP, current US$ | -18.1% |
| 2023 | 393.69 million BoP, current US$ | +21.4% |
Guinea compared with similar countries
- Guinea's 393.69 million BoP, current US$ is below the median for lower middle income countries, which is 437.72 million BoP, current US$, 90% of the median. (47 countries reporting)
- Guinea's 393.69 million BoP, current US$ is below the median for Sub-Saharan Africa, which is 635.51 million BoP, current US$, 62% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Grants, excluding technical cooperation in Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1961 | +1600.0% | 60,000 BoP, current US$ | 1.02 million BoP, current US$ |
| 1974 | +1014.1% | 1.28 million BoP, current US$ | 14.26 million BoP, current US$ |
| 1978 | +623.1% | 2.60 million BoP, current US$ | 18.80 million BoP, current US$ |
| 1962 | +528.4% | 1.02 million BoP, current US$ | 6.41 million BoP, current US$ |
| 1972 | +416.7% | 660,000 BoP, current US$ | 3.41 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.72 million BoP, current US$ | 60,000 BoP, current US$ | 21.46 million BoP, current US$ | 10 |
| 1970s | 6.66 million BoP, current US$ | 660,000 BoP, current US$ | 19.17 million BoP, current US$ | 10 |
| 1980s | 49.94 million BoP, current US$ | 17.71 million BoP, current US$ | 130.17 million BoP, current US$ | 10 |
| 1990s | 163.89 million BoP, current US$ | 93.51 million BoP, current US$ | 235.20 million BoP, current US$ | 10 |
| 2000s | 186.16 million BoP, current US$ | 112.19 million BoP, current US$ | 300.46 million BoP, current US$ | 10 |
| 2010s | 401.86 million BoP, current US$ | 170.81 million BoP, current US$ | 604.44 million BoP, current US$ | 10 |
| 2020s | 368.50 million BoP, current US$ | 324.39 million BoP, current US$ | 395.99 million BoP, current US$ | 4 |
Countries ranked near Guinea
- 58 Cambodia 437.72 million BoP, current US$ compare
- 59 Serbia 416.50 million BoP, current US$ compare
- 60 Liberia 405.86 million BoP, current US$ compare
- 62 Bulgaria 391.73 million BoP, current US$ compare
- 63 Venezuela 386.36 million BoP, current US$ compare
- 64 Guatemala 380.03 million BoP, current US$ 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$), annual growth rate -28.7 % change on previous year (2024)
Frequently asked questions
- What is grants, excluding technical cooperation in Guinea?
- Grants, excluding technical cooperation in Guinea was 393.69 million BoP, current US$ in 2023, according to DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD).
- What is the highest grants, excluding technical cooperation recorded in Guinea?
- The highest recorded value was 604.44 million BoP, current US$ in 2012.
- What is the lowest grants, excluding technical cooperation recorded in Guinea?
- The lowest recorded value was 60,000 BoP, current US$ in 1960.
- How does Guinea rank for grants, excluding technical cooperation?
- Guinea ranks 61st out of 181 countries with data for 2023.
- Is grants, excluding technical cooperation rising or falling in Guinea?
- Over the last ten years it is down 28.5%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from DAC2A: Aid (ODA) disbursements to countries and regions, Organisation for Economic Co-operation and Development (OECD), published as part of Grants, excluding technical cooperation (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Grants are transfers made in cash, goods or services for which no repayment is required. For ODA reporting purposes, they also include forgiveness of non-military debt, support to non-governmental organisations, certain interest subsidies, and certain costs incurred in the implementation of aid. Grants to multilateral agencies intended to soften the terms of the latter’s lending are a direct resource outflow and should also be recorded as ODA grants. For OOF reporting purposes, grants for commercial purposes such as subsidies to national private investors, and grants to forgive military debt, are also included. Grant-like flows are assimilated to grants. They comprise a) loans for which the service payments are to be made into an account in the borrowing country and used in the borrowing country for its own benefit, and b) provision of commodities for sale in the recipient’s currency the proceeds of which are used in the recipient country for its own benefit. Data are in current U.S. dollars.