Manufacturing, value added in Guinea
Guinea: Manufacturing, value added was 21.71 trillion current LCU in 2022. ◆ Volatile
Manufacturing, value added in Guinea, 1988–2022
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2022, manufacturing, value added in Guinea stood at 21.71 trillion current LCU. That is the highest value across all 35 years on record.
The figure is up 19.3% on the previous year and up 286.3% over ten years.
Over the whole period, manufacturing, value added in Guinea peaked at 21.71 trillion current LCU in 2022 and was at its lowest, 50.74 billion current LCU, in 1988.
That places Guinea 19th out of 205 countries with data for 2022, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added in Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1988 | 50.74 billion current LCU | — |
| 1989 | 63.99 billion current LCU | +26.1% |
| 1990 | 83.27 billion current LCU | +30.1% |
| 1991 | 88.96 billion current LCU | +6.8% |
| 1992 | 133.30 billion current LCU | +49.8% |
| 1993 | 144.26 billion current LCU | +8.2% |
| 1994 | 149.05 billion current LCU | +3.3% |
| 1995 | 140.37 billion current LCU | -5.8% |
| 1996 | 143.46 billion current LCU | +2.2% |
| 1997 | 143.63 billion current LCU | +0.1% |
| 1998 | 162.84 billion current LCU | +13.4% |
| 1999 | 184.62 billion current LCU | +13.4% |
| 2000 | 197.55 billion current LCU | +7.0% |
| 2001 | 208.41 billion current LCU | +5.5% |
| 2002 | 220.71 billion current LCU | +5.9% |
| 2003 | 405.53 billion current LCU | +83.7% |
| 2004 | 462.18 billion current LCU | +14.0% |
| 2005 | 651.21 billion current LCU | +40.9% |
| 2006 | 2.47 trillion current LCU | +279.7% |
| 2007 | 3.02 trillion current LCU | +22.0% |
| 2008 | 4.06 trillion current LCU | +34.6% |
| 2009 | 4.05 trillion current LCU | -0.2% |
| 2010 | 4.17 trillion current LCU | +3.0% |
| 2011 | 4.73 trillion current LCU | +13.4% |
| 2012 | 5.62 trillion current LCU | +18.8% |
| 2013 | 6.25 trillion current LCU | +11.2% |
| 2014 | 6.82 trillion current LCU | +9.2% |
| 2015 | 7.98 trillion current LCU | +16.9% |
| 2016 | 8.42 trillion current LCU | +5.6% |
| 2017 | 9.40 trillion current LCU | +11.6% |
| 2018 | 12.90 trillion current LCU | +37.2% |
| 2019 | 12.84 trillion current LCU | -0.5% |
| 2020 | 12.89 trillion current LCU | +0.4% |
| 2021 | 18.20 trillion current LCU | +41.2% |
| 2022 | 21.71 trillion current LCU | +19.3% |
Guinea compared with similar countries
- Guinea's 21.71 trillion current LCU is above the median for lower middle income countries, which is 254.63 billion current LCU, 85.3× the median. (47 countries reporting)
- Guinea's 21.71 trillion current LCU is above the median for Sub-Saharan Africa, which is 685.62 billion current LCU, 31.7× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Manufacturing, value added 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 |
|---|---|---|---|
| 2006 | +279.7% | 651.21 billion current LCU | 2.47 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 57.37 billion current LCU | 50.74 billion current LCU | 63.99 billion current LCU | 2 |
| 1990s | 137.38 billion current LCU | 83.27 billion current LCU | 184.62 billion current LCU | 10 |
| 2000s | 1.57 trillion current LCU | 197.55 billion current LCU | 4.06 trillion current LCU | 10 |
| 2010s | 7.91 trillion current LCU | 4.17 trillion current LCU | 12.90 trillion current LCU | 10 |
| 2020s | 17.60 trillion current LCU | 12.89 trillion current LCU | 21.71 trillion current LCU | 3 |
Countries ranked near Guinea
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 21.71 trillion current LCU 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 21.71 trillion current LCU in 2022.
- What is the lowest manufacturing, value added recorded in Guinea?
- The lowest recorded value was 50.74 billion current LCU in 1988.
- How does Guinea rank for manufacturing, value added?
- Guinea ranks 19th out of 205 countries with data for 2022.
- Is manufacturing, value added rising or falling in Guinea?
- Over the last ten years it is up 286.3%. The long-run trend across the full record is volatile.
- 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.