Mining and quarrying, value added in Guinea

Guinea: Mining and quarrying, value added was 7.93 trillion current LCU in 2011. ◆ Volatile

Latest (2011)
7.93 trillion current LCU
Change on year
up 24.7%
World rank
1st
of 50 countries
All-time high
7.93 trillion current LCU
in 2011
All-time low
156.70 billion current LCU
in 1986
Years of data
26
1986–2011

Mining and quarrying, value added in Guinea, 1986–2011

02.0T4.0T6.0T8.0T1986199820111986: 156.7B current LCU1987: 203.4B current LCU1988: 252.4B current LCU1989: 322.0B current LCU1990: 399.8B current LCU1991: 453.7B current LCU1992: 430.2B current LCU1993: 489.5B current LCU1994: 432.0B current LCU1995: 566.8B current LCU1996: 657.8B current LCU1997: 614.9B current LCU1998: 696.1B current LCU1999: 699.6B current LCU2000: 909.8B current LCU2001: 975.0B current LCU2002: 989.6B current LCU2003: 1.0T current LCU2004: 1.2T current LCU2005: 1.9T current LCU2006: 3.3T current LCU2007: 3.4T current LCU2008: 4.6T current LCU2009: 4.3T current LCU2010: 6.4T current LCU2011: 7.9T current LCU

Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.

Analysis

In 2011, mining and quarrying, value added in Guinea stood at 7.93 trillion current LCU. That is the highest value across all 26 years on record.

Compared with earlier readings it is up 24.7% on the previous year and up 713.2% over ten years.

Over the whole period, mining and quarrying, value added in Guinea peaked at 7.93 trillion current LCU in 2011 and was at its lowest, 156.70 billion current LCU, in 1986.

That places Guinea 1st out of 50 countries with data for 2011, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 233.61 billion current LCU 156.70 billion current LCU 321.97 billion current LCU 4
1990s 544.03 billion current LCU 399.81 billion current LCU 699.65 billion current LCU 10
2000s 2.26 trillion current LCU 909.75 billion current LCU 4.61 trillion current LCU 10
2010s 7.14 trillion current LCU 6.36 trillion current LCU 7.93 trillion current LCU 2

Countries ranked near Guinea

  1. 2 Nigeria 7.53 trillion current LCU compare
  2. 3 Equatorial Guinea 6.15 trillion current LCU compare
  3. 4 Angola 4.73 trillion current LCU compare

See the full ranking of 50 places →

More economy & growth data for Guinea

All data for Guinea →

Frequently asked questions

What is mining and quarrying, value added in Guinea?
Mining and quarrying, value added in Guinea was 7.93 trillion current 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 7.93 trillion current LCU in 2011.
What is the lowest mining and quarrying, value added recorded in Guinea?
The lowest recorded value was 156.70 billion current LCU in 1986.
How does Guinea rank for mining and quarrying, value added?
Guinea ranks 1st out of 50 countries with data for 2011.
Is mining and quarrying, value added rising or falling in Guinea?
Over the last ten years it is up 713.2%. The long-run trend across the full record is volatile.
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 (current 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

Indicator
Mining and quarrying, value added (current LCU)
Unit
current LCU
Source
World Bank national accounts data, and OECD National Accounts data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
50 places, 1,670 data points, 1965–2011
Last refreshed

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 current local currency.