Mining and quarrying, value added in Guinea
Guinea: Mining and quarrying, value added was 1.22 trillion constant LCU in 2011. ▲ Rising
Latest (2011)
1.22 trillion constant LCU
Change on year
up 4.3%
World rank
2nd
of 45 countries
All-time high
1.24 trillion constant LCU
in 2008
All-time low
628.75 billion constant LCU
in 1986
Years of data
26
1986–2011
Mining and quarrying, value added in Guinea, 1986–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in constant LCU.
Analysis
In 2011, mining and quarrying, value added in Guinea stood at 1.22 trillion constant LCU.
That represents a change of up 4.3% on the previous year and up 23.1% over ten years.
Over the whole period, mining and quarrying, value added in Guinea peaked at 1.24 trillion constant LCU in 2008 and was at its lowest, 628.75 billion constant LCU, in 1986.
Guinea ranks 2nd of 45 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 26 years of available data.
Mining and quarrying, value added in Guinea, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1986 | 628.75 billion constant LCU | — |
| 1987 | 641.45 billion constant LCU | +2.0% |
| 1988 | 653.52 billion constant LCU | +1.9% |
| 1989 | 681.67 billion constant LCU | +4.3% |
| 1990 | 682.94 billion constant LCU | +0.2% |
| 1991 | 658.87 billion constant LCU | -3.5% |
| 1992 | 648.99 billion constant LCU | -1.5% |
| 1993 | 704.15 billion constant LCU | +8.5% |
| 1994 | 695.70 billion constant LCU | -1.2% |
| 1995 | 747.88 billion constant LCU | +7.5% |
| 1996 | 835.38 billion constant LCU | +11.7% |
| 1997 | 862.95 billion constant LCU | +3.3% |
| 1998 | 893.15 billion constant LCU | +3.5% |
| 1999 | 936.02 billion constant LCU | +4.8% |
| 2000 | 953.81 billion constant LCU | +1.9% |
| 2001 | 988.14 billion constant LCU | +3.6% |
| 2002 | 1.02 trillion constant LCU | +2.9% |
| 2003 | 1.04 trillion constant LCU | +2.7% |
| 2004 | 1.06 trillion constant LCU | +1.1% |
| 2005 | 1.08 trillion constant LCU | +2.4% |
| 2006 | 1.06 trillion constant LCU | -1.6% |
| 2007 | 1.09 trillion constant LCU | +2.4% |
| 2008 | 1.24 trillion constant LCU | +14.2% |
| 2009 | 1.15 trillion constant LCU | -7.3% |
| 2010 | 1.17 trillion constant LCU | +1.1% |
| 2011 | 1.22 trillion constant LCU | +4.3% |
Guinea compared with similar countries
- Guinea's 1.22 trillion constant LCU is above the median for lower middle income countries, which is 18.53 billion constant LCU, 65.6× the median. (21 countries reporting)
- Guinea's 1.22 trillion constant LCU is above the median for Sub-Saharan Africa, which is 18.71 billion constant LCU, 65.0× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 651.35 billion constant LCU | 628.75 billion constant LCU | 681.67 billion constant LCU | 4 |
| 1990s | 766.60 billion constant LCU | 648.99 billion constant LCU | 936.02 billion constant LCU | 10 |
| 2000s | 1.07 trillion constant LCU | 953.81 billion constant LCU | 1.24 trillion constant LCU | 10 |
| 2010s | 1.19 trillion constant LCU | 1.17 trillion constant LCU | 1.22 trillion constant LCU | 2 |
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 mining and quarrying, value added in Guinea?
- Mining and quarrying, value added in Guinea was 1.22 trillion constant LCU in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest mining and quarrying, value added recorded in Guinea?
- The highest recorded value was 1.24 trillion constant LCU in 2008.
- What is the lowest mining and quarrying, value added recorded in Guinea?
- The lowest recorded value was 628.75 billion constant LCU in 1986.
- How does Guinea rank for mining and quarrying, value added?
- Guinea ranks 2nd out of 45 countries with data for 2011.
- Is mining and quarrying, value added rising or falling in Guinea?
- Over the last ten years it is up 23.1%. The long-run trend across the full record is rising.
- Where does this Guinea data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Mining and quarrying, value added (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Value added in mining and quarrying is defined as the value of output of the mining and quarrying industries less the value of intermediate consumption (intermediate inputs). Mining and quarrying is a subset of industry (ISIC 10-14). Data are in constant local currency.