Gross Domestic Product — Value Standard Local Currency in Guinea
Guinea: Gross Domestic Product — Value Standard Local Currency was 222.10 million million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency in Guinea, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross domestic product — value standard local currency in Guinea is 222.10 million million SLC, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 13.4% on the previous year and up 260.7% over ten years.
Over the whole period, gross domestic product — value standard local currency in Guinea peaked at 222.10 million million SLC in 2024 and was at its lowest, 79,849 million SLC, in 1970.
Guinea ranks 18th of 218 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency in Guinea, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 79,849 million SLC | — |
| 1971 | 88,864 million SLC | +11.3% |
| 1972 | 95,992 million SLC | +8.0% |
| 1973 | 107,211 million SLC | +11.7% |
| 1974 | 117,521 million SLC | +9.6% |
| 1975 | 126,732 million SLC | +7.8% |
| 1976 | 145,252 million SLC | +14.6% |
| 1977 | 146,859 million SLC | +1.1% |
| 1978 | 160,228 million SLC | +9.1% |
| 1979 | 170,378 million SLC | +6.3% |
| 1980 | 185,712 million SLC | +9.0% |
| 1981 | 202,984 million SLC | +9.3% |
| 1982 | 267,938 million SLC | +32.0% |
| 1983 | 350,999 million SLC | +31.0% |
| 1984 | 445,769 million SLC | +27.0% |
| 1985 | 556,988 million SLC | +24.9% |
| 1986 | 974,420 million SLC | +74.9% |
| 1987 | 1.28 million million SLC | +31.5% |
| 1988 | 1.66 million million SLC | +29.3% |
| 1989 | 2.11 million million SLC | +27.2% |
| 1990 | 2.58 million million SLC | +22.4% |
| 1991 | 3.11 million million SLC | +20.6% |
| 1992 | 4.01 million million SLC | +28.9% |
| 1993 | 4.23 million million SLC | +5.4% |
| 1994 | 4.53 million million SLC | +7.1% |
| 1995 | 5.21 million million SLC | +15.2% |
| 1996 | 5.53 million million SLC | +6.0% |
| 1997 | 5.89 million million SLC | +6.5% |
| 1998 | 6.07 million million SLC | +3.1% |
| 1999 | 6.59 million million SLC | +8.6% |
| 2000 | 7.46 million million SLC | +13.1% |
| 2001 | 7.95 million million SLC | +6.6% |
| 2002 | 8.06 million million SLC | +1.4% |
| 2003 | 9.46 million million SLC | +17.4% |
| 2004 | 11.28 million million SLC | +19.3% |
| 2005 | 14.81 million million SLC | +31.2% |
| 2006 | 21.73 million million SLC | +46.7% |
| 2007 | 26.37 million million SLC | +21.4% |
| 2008 | 32.05 million million SLC | +21.5% |
| 2009 | 32.25 million million SLC | +0.6% |
| 2010 | 39.24 million million SLC | +21.7% |
| 2011 | 45.18 million million SLC | +15.1% |
| 2012 | 53.36 million million SLC | +18.1% |
| 2013 | 57.86 million million SLC | +8.4% |
| 2014 | 61.57 million million SLC | +6.4% |
| 2015 | 65.83 million million SLC | +6.9% |
| 2016 | 77.09 million million SLC | +17.1% |
| 2017 | 93.83 million million SLC | +21.7% |
| 2018 | 106.84 million million SLC | +13.9% |
| 2019 | 123.46 million million SLC | +15.5% |
| 2020 | 134.76 million million SLC | +9.2% |
| 2021 | 159.34 million million SLC | +18.2% |
| 2022 | 170.31 million million SLC | +6.9% |
| 2023 | 195.79 million million SLC | +15.0% |
| 2024 | 222.10 million million SLC | +13.4% |
Guinea compared with similar countries
- Guinea's 222.10 million million SLC is above the median for lower middle income countries, which is 1.54 million million SLC, 144.7× the median. (43 countries reporting)
- Guinea's 222.10 million million SLC is above the median for Sub-Saharan Africa, which is 8.81 million million SLC, 25.2× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 123,889 million SLC | 79,849 million SLC | 170,378 million SLC | 10 |
| 1980s | 802,989 million SLC | 185,712 million SLC | 2.11 million million SLC | 10 |
| 1990s | 4.77 million million SLC | 2.58 million million SLC | 6.59 million million SLC | 10 |
| 2000s | 17.14 million million SLC | 7.46 million million SLC | 32.25 million million SLC | 10 |
| 2010s | 72.43 million million SLC | 39.24 million million SLC | 123.46 million million SLC | 10 |
| 2020s | 176.46 million million SLC | 134.76 million million SLC | 222.10 million million SLC | 5 |
Countries ranked near Guinea
- 15 Somalia 303.90 million million SLC compare
- 16 Nigeria 277.49 million million SLC compare
- 17 Syrian Arab Republic 239.96 million million SLC compare
- 19 United Republic of Tanzania 211.61 million million SLC compare
- 20 Uganda 210.60 million million SLC compare
- 21 Democratic Republic of the Congo 197.86 million million SLC 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 in Guinea?
- Gross domestic product — value standard local currency in Guinea was 222.10 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency recorded in Guinea?
- The highest recorded value was 222.10 million million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency recorded in Guinea?
- The lowest recorded value was 79,849 million SLC in 1970.
- How does Guinea rank for gross domestic product — value standard local currency?
- Guinea ranks 18th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency rising or falling in Guinea?
- Over the last ten years it is up 260.7%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).