Gross Domestic Product — Value Standard Local Currency, 2015 prices in Guinea
Guinea: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0.0046 million SLC per US$ of GDP in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Guinea, 1970–2024
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Guinea is 0.0046 million SLC per US$ of GDP, measured in 2024.
Compared with earlier readings it is down 5.3% on the previous year and down 35.8% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Guinea peaked at 0.0108 million SLC per US$ of GDP in 2006 and was at its lowest, 0.0009 million SLC per US$ of GDP, in 1985.
That places Guinea 6th out of 193 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Guinea, year by year
| Year | million SLC per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0045 million SLC per US$ of GDP | — |
| 1971 | 0.0042 million SLC per US$ of GDP | -5.6% |
| 1972 | 0.0037 million SLC per US$ of GDP | -12.5% |
| 1973 | 0.0031 million SLC per US$ of GDP | -17.1% |
| 1974 | 0.0029 million SLC per US$ of GDP | -4.7% |
| 1975 | 0.0028 million SLC per US$ of GDP | -4.1% |
| 1976 | 0.0027 million SLC per US$ of GDP | -2.6% |
| 1977 | 0.0026 million SLC per US$ of GDP | -5.5% |
| 1978 | 0.0023 million SLC per US$ of GDP | -8.7% |
| 1979 | 0.0021 million SLC per US$ of GDP | -10.0% |
| 1980 | 0.002 million SLC per US$ of GDP | -6.6% |
| 1981 | 0.002 million SLC per US$ of GDP | +1.7% |
| 1982 | 0.0017 million SLC per US$ of GDP | -17.7% |
| 1983 | 0.0013 million SLC per US$ of GDP | -20.2% |
| 1984 | 0.0011 million SLC per US$ of GDP | -16.7% |
| 1985 | 0.0009 million SLC per US$ of GDP | -15.1% |
| 1986 | 0.0075 million SLC per US$ of GDP | +707.7% |
| 1987 | 0.0076 million SLC per US$ of GDP | +1.0% |
| 1988 | 0.0069 million SLC per US$ of GDP | -9.0% |
| 1989 | 0.0071 million SLC per US$ of GDP | +2.0% |
| 1990 | 0.0067 million SLC per US$ of GDP | -4.9% |
| 1991 | 0.0061 million SLC per US$ of GDP | -9.3% |
| 1992 | 0.0058 million SLC per US$ of GDP | -5.2% |
| 1993 | 0.0061 million SLC per US$ of GDP | +5.2% |
| 1994 | 0.0061 million SLC per US$ of GDP | +0.8% |
| 1995 | 0.0059 million SLC per US$ of GDP | -4.1% |
| 1996 | 0.0059 million SLC per US$ of GDP | +0.4% |
| 1997 | 0.0063 million SLC per US$ of GDP | +7.6% |
| 1998 | 0.007 million SLC per US$ of GDP | +10.3% |
| 1999 | 0.0076 million SLC per US$ of GDP | +8.3% |
| 2000 | 0.009 million SLC per US$ of GDP | +18.9% |
| 2001 | 0.0099 million SLC per US$ of GDP | +9.8% |
| 2002 | 0.01 million SLC per US$ of GDP | +0.9% |
| 2003 | 0.0086 million SLC per US$ of GDP | -13.4% |
| 2004 | 0.0084 million SLC per US$ of GDP | -3.0% |
| 2005 | 0.0107 million SLC per US$ of GDP | +27.5% |
| 2006 | 0.0108 million SLC per US$ of GDP | +1.2% |
| 2007 | 0.0078 million SLC per US$ of GDP | -28.2% |
| 2008 | 0.0073 million SLC per US$ of GDP | -6.1% |
| 2009 | 0.0075 million SLC per US$ of GDP | +2.5% |
| 2010 | 0.0077 million SLC per US$ of GDP | +2.7% |
| 2011 | 0.0082 million SLC per US$ of GDP | +6.7% |
| 2012 | 0.0077 million SLC per US$ of GDP | -5.9% |
| 2013 | 0.0073 million SLC per US$ of GDP | -5.2% |
| 2014 | 0.0072 million SLC per US$ of GDP | -1.1% |
| 2015 | 0.0075 million SLC per US$ of GDP | +3.6% |
| 2016 | 0.0085 million SLC per US$ of GDP | +13.4% |
| 2017 | 0.0078 million SLC per US$ of GDP | -8.2% |
| 2018 | 0.0072 million SLC per US$ of GDP | -7.4% |
| 2019 | 0.0067 million SLC per US$ of GDP | -6.8% |
| 2020 | 0.0067 million SLC per US$ of GDP | -0.1% |
| 2021 | 0.0059 million SLC per US$ of GDP | -12.9% |
| 2022 | 0.0052 million SLC per US$ of GDP | -10.9% |
| 2023 | 0.0049 million SLC per US$ of GDP | -6.1% |
| 2024 | 0.0046 million SLC per US$ of GDP | -5.3% |
Guinea compared with similar countries
- Guinea's 0.0046 million SLC per US$ of GDP is above the median for lower middle income countries, which is 0.0001 million SLC per US$ of GDP, 81.2× the median. (44 countries reporting)
- Guinea's 0.0046 million SLC per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.0004 million SLC per US$ of GDP, 11.6× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, 2015 prices 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 |
|---|---|---|---|
| 1986 | +707.7% | 0.0009 million SLC per US$ of GDP | 0.0075 million SLC per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0031 million SLC per US$ of GDP | 0.0021 million SLC per US$ of GDP | 0.0045 million SLC per US$ of GDP | 10 |
| 1980s | 0.0038 million SLC per US$ of GDP | 0.0009 million SLC per US$ of GDP | 0.0076 million SLC per US$ of GDP | 10 |
| 1990s | 0.0063 million SLC per US$ of GDP | 0.0058 million SLC per US$ of GDP | 0.0076 million SLC per US$ of GDP | 10 |
| 2000s | 0.009 million SLC per US$ of GDP | 0.0073 million SLC per US$ of GDP | 0.0108 million SLC per US$ of GDP | 10 |
| 2010s | 0.0076 million SLC per US$ of GDP | 0.0067 million SLC per US$ of GDP | 0.0085 million SLC per US$ of GDP | 10 |
| 2020s | 0.0055 million SLC per US$ of GDP | 0.0046 million SLC per US$ of GDP | 0.0067 million SLC per US$ of GDP | 5 |
Countries ranked near Guinea
- 3 Indonesia 0.0119 million SLC per US$ of GDP compare
- 4 Laos 0.011 million SLC per US$ of GDP compare
- 5 Paraguay 0.0053 million SLC per US$ of GDP compare
- 7 Cambodia 0.0034 million SLC per US$ of GDP compare
- 8 Uzbekistan 0.003 million SLC per US$ of GDP compare
- 9 Uganda 0.0027 million SLC per US$ of GDP 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$), annual growth rate -28.7 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Guinea?
- Gross domestic product — value standard local currency, 2015 prices in Guinea was 0.0046 million SLC per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Guinea?
- The highest recorded value was 0.0108 million SLC per US$ of GDP in 2006.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Guinea?
- The lowest recorded value was 0.0009 million SLC per US$ of GDP in 1985.
- How does Guinea rank for gross domestic product — value standard local currency, 2015 prices?
- Guinea ranks 6th out of 193 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Guinea?
- Over the last ten years it is down 35.8%. The long-run trend across the full record is rising.
- Where does this Guinea data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value Standard Local Currency, 2015 prices ÷ GDP (current US$)
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.