Manufacturing, value added in Guinea
Guinea: Manufacturing, value added was 1.46 billion constant 2015 US$ in 2022. ▲ Rising
Manufacturing, value added in Guinea, 2006–2022
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
In 2022, manufacturing, value added in Guinea stood at 1.46 billion constant 2015 US$. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 3.7% on the previous year and up 60.7% over ten years.
Over the whole period, manufacturing, value added in Guinea peaked at 1.46 billion constant 2015 US$ in 2022 and was at its lowest, 779.23 million constant 2015 US$, in 2009.
That places Guinea 120th out of 186 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Manufacturing, value added in Guinea, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2006 | 877.17 million constant 2015 US$ | — |
| 2007 | 820.60 million constant 2015 US$ | -6.4% |
| 2008 | 852.71 million constant 2015 US$ | +3.9% |
| 2009 | 779.23 million constant 2015 US$ | -8.6% |
| 2010 | 798.21 million constant 2015 US$ | +2.4% |
| 2011 | 788.33 million constant 2015 US$ | -1.2% |
| 2012 | 905.75 million constant 2015 US$ | +14.9% |
| 2013 | 902.73 million constant 2015 US$ | -0.3% |
| 2014 | 955.39 million constant 2015 US$ | +5.8% |
| 2015 | 1.07 billion constant 2015 US$ | +11.6% |
| 2016 | 1.15 billion constant 2015 US$ | +7.5% |
| 2017 | 1.21 billion constant 2015 US$ | +5.5% |
| 2018 | 1.31 billion constant 2015 US$ | +8.8% |
| 2019 | 1.32 billion constant 2015 US$ | +0.5% |
| 2020 | 1.31 billion constant 2015 US$ | -0.6% |
| 2021 | 1.40 billion constant 2015 US$ | +6.9% |
| 2022 | 1.46 billion constant 2015 US$ | +3.7% |
Guinea compared with similar countries
- Guinea's 1.46 billion constant 2015 US$ is below the median for lower middle income countries, which is 2.27 billion constant 2015 US$, 64% of the median. (45 countries reporting)
- Guinea's 1.46 billion constant 2015 US$ is above the median for Sub-Saharan Africa, which is 1.46 billion constant 2015 US$, 1.0× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 832.43 million constant 2015 US$ | 779.23 million constant 2015 US$ | 877.17 million constant 2015 US$ | 4 |
| 2010s | 1.04 billion constant 2015 US$ | 788.33 million constant 2015 US$ | 1.32 billion constant 2015 US$ | 10 |
| 2020s | 1.39 billion constant 2015 US$ | 1.31 billion constant 2015 US$ | 1.46 billion constant 2015 US$ | 3 |
Countries ranked near Guinea
- 117 Nepal 1.67 billion constant 2015 US$ compare
- 118 Mauritius 1.65 billion constant 2015 US$ compare
- 119 Eswatini 1.56 billion constant 2015 US$ compare
- 121 Cyprus 1.45 billion constant 2015 US$ compare
- 122 North Macedonia 1.40 billion constant 2015 US$ compare
- 123 Jamaica 1.39 billion constant 2015 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$), annual growth rate -28.7 % change on previous year (2024)
Frequently asked questions
- What is manufacturing, value added in Guinea?
- Manufacturing, value added in Guinea was 1.46 billion constant 2015 US$ in 2022, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Guinea?
- The highest recorded value was 1.46 billion constant 2015 US$ in 2022.
- What is the lowest manufacturing, value added recorded in Guinea?
- The lowest recorded value was 779.23 million constant 2015 US$ in 2009.
- How does Guinea rank for manufacturing, value added?
- Guinea ranks 120th out of 186 countries with data for 2022.
- Is manufacturing, value added rising or falling in Guinea?
- Over the last ten years it is up 60.7%. The long-run trend across the full record is rising.
- Where does this Guinea data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.