Historical gov spending gdp in Guinea
Guinea: Historical gov spending gdp was 20.56 in 2024. ▲ Rising
Latest (2024)
20.56
Change on year
up 12.5%
World rank
119th
of 151 countries
All-time high
21.68
in 2015
All-time low
8.66
in 2007
Years of data
35
1990–2024
Historical gov spending gdp in Guinea, 1990–2024
Source: Our World in Data.
Analysis
In 2024, historical gov spending gdp in Guinea stood at 20.56.
The figure is up 12.5% on the previous year and up 2.5% over ten years.
Over the whole period, historical gov spending gdp in Guinea peaked at 21.68 in 2015 and was at its lowest, 8.66, in 2007.
Guinea ranks 119th of 151 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Historical gov spending gdp in Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 18.72 | — |
| 1991 | 16.29 | -13.0% |
| 1992 | 13.8 | -15.3% |
| 1993 | 13.3 | -3.6% |
| 1994 | 12.63 | -5.0% |
| 1995 | 12.69 | +0.5% |
| 1996 | 11.98 | -5.6% |
| 1997 | 12.59 | +5.1% |
| 1998 | 10.31 | -18.1% |
| 1999 | 11.62 | +12.7% |
| 2000 | 12.62 | +8.6% |
| 2001 | 14.92 | +18.2% |
| 2002 | 14.41 | -3.5% |
| 2003 | 14.74 | +2.3% |
| 2004 | 12.98 | -11.9% |
| 2005 | 10.99 | -15.3% |
| 2006 | 13.16 | +19.8% |
| 2007 | 8.66 | -34.2% |
| 2008 | 10.07 | +16.4% |
| 2009 | 16.23 | +61.1% |
| 2010 | 20.51 | +26.4% |
| 2011 | 16.03 | -21.9% |
| 2012 | 19.56 | +22.0% |
| 2013 | 18.62 | -4.8% |
| 2014 | 20.06 | +7.7% |
| 2015 | 21.68 | +8.1% |
| 2016 | 16.07 | -25.9% |
| 2017 | 17.27 | +7.4% |
| 2018 | 15.92 | -7.8% |
| 2019 | 14.88 | -6.5% |
| 2020 | 17.08 | +14.7% |
| 2021 | 15.1 | -11.6% |
| 2022 | 15.69 | +3.9% |
| 2023 | 18.28 | +16.5% |
| 2024 | 20.56 | +12.5% |
Guinea compared with similar countries
- Guinea's 20.56 is below the median for lower middle income countries, which is 23.26, 88% of the median. (37 countries reporting)
- Guinea's 20.56 is above the median for Sub-Saharan Africa, which is 20.56, 1.0× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.39 | 10.31 | 18.72 | 10 |
| 2000s | 12.88 | 8.66 | 16.23 | 10 |
| 2010s | 18.06 | 14.88 | 21.68 | 10 |
| 2020s | 17.34 | 15.1 | 20.56 | 5 |
Countries ranked near Guinea
- 116 Bahamas 20.97 compare
- 117 Myanmar 20.67 compare
- 118 Djibouti 20.62 compare
- 120 Cote d'Ivoire 20.37 compare
- 121 Papua New Guinea 20.37 compare
- 122 Guinea-Bissau 20.36 compare
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 historical gov spending gdp in Guinea?
- Historical gov spending gdp in Guinea was 20.56 in 2024, according to Our World in Data.
- What is the highest historical gov spending gdp recorded in Guinea?
- The highest recorded value was 21.68 in 2015.
- What is the lowest historical gov spending gdp recorded in Guinea?
- The lowest recorded value was 8.66 in 2007.
- How does Guinea rank for historical gov spending gdp?
- Guinea ranks 119th out of 151 countries with data for 2024.
- Is historical gov spending gdp rising or falling in Guinea?
- Over the last ten years it is up 2.5%. The long-run trend across the full record is rising.
- Where does this Guinea data come from?
- The figures come from Our World in Data, published as part of Historical gov spending gdp. Statizoid updates them automatically from the source API.
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