Government spending as share of GDP in Guinea

Guinea: Government spending as share of GDP was 20.6% in 2024. β–² Rising

Latest (2024)
20.6%
Change on year
up 12.5%
World rank
119th
of 151 countries
All-time high
21.7%
in 2015
All-time low
8.7%
in 2007
Years of data
35
1990–2024

Government spending as share of GDP in Guinea, 1990–2024

051015201990200720241990: 18.7 % of GDP1991: 16.3 % of GDP1992: 13.8 % of GDP1993: 13.3 % of GDP1994: 12.6 % of GDP1995: 12.7 % of GDP1996: 12 % of GDP1997: 12.6 % of GDP1998: 10.3 % of GDP1999: 11.6 % of GDP2000: 12.6 % of GDP2001: 14.9 % of GDP2002: 14.4 % of GDP2003: 14.7 % of GDP2004: 13 % of GDP2005: 11 % of GDP2006: 13.2 % of GDP2007: 8.7 % of GDP2008: 10.1 % of GDP2009: 16.2 % of GDP2010: 20.5 % of GDP2011: 16 % of GDP2012: 19.6 % of GDP2013: 18.6 % of GDP2014: 20.1 % of GDP2015: 21.7 % of GDP2016: 16.1 % of GDP2017: 17.3 % of GDP2018: 15.9 % of GDP2019: 14.9 % of GDP2020: 17.1 % of GDP2021: 15.1 % of GDP2022: 15.7 % of GDP2023: 18.3 % of GDP2024: 20.6 % of GDP

Source: International Monetary Fund (2025) – with minor processing by Our World in Data. Measured in % of GDP.

Analysis

In 2024, government spending as share of gdp in Guinea stood at 20.6%.

The figure is up 12.5% on the previous year and up 2.5% over ten years.

Over the whole period, government spending as share of gdp in Guinea peaked at 21.7% in 2015 and was at its lowest, 8.7%, 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.

Averages by decade

DecadeAverage LowestHighest Years
1990s 13.4% 10.3% 18.7% 10
2000s 12.9% 8.7% 16.2% 10
2010s 18.1% 14.9% 21.7% 10
2020s 17.3% 15.1% 20.6% 5

Countries ranked near Guinea

  1. 116 Bahamas 21.0% compare
  2. 117 Myanmar 20.7% compare
  3. 120 Cote d'Ivoire 20.4% compare
  4. 121 Papua New Guinea 20.4% compare
  5. 122 Guinea-Bissau 20.4% compare

See the full ranking of 151 places β†’

More economy & growth data for Guinea

All data for Guinea β†’

Frequently asked questions

What is government spending as share of gdp in Guinea?
Government spending as share of gdp in Guinea was 20.6% in 2024, according to International Monetary Fund (2025) – with minor processing by Our World in Data.
What is the highest government spending as share of gdp recorded in Guinea?
The highest recorded value was 21.7% in 2015.
What is the lowest government spending as share of gdp recorded in Guinea?
The lowest recorded value was 8.7% in 2007.
How does Guinea rank for government spending as share of gdp?
Guinea ranks 119th out of 151 countries with data for 2024.
Is government spending as share of 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 International Monetary Fund (2025) – with minor processing by Our World in Data, published as part of Government spending as share of GDP. Statizoid updates them automatically from the source API.

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About this data

Indicator
Government spending as share of GDP
Unit
% of GDP
Source
International Monetary Fund (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
151 places, 9,265 data points, 1800–2024
Last refreshed

The sum of all the money spent by the government on goods and services, as a percentage of GDP. It includes interest paid on government debt.