Mining and quarrying, value added (current LCU) in Guinea
Guinea: Mining and quarrying, value added (current LCU) was 7.93 trillion current LCU in 2011. ◆ Volatile
Mining and quarrying, value added in Guinea, 1986–2011
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.
Mining and quarrying, value added (current LCU) in Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1986 | 156.70 billion current LCU | — |
| 1987 | 203.38 billion current LCU | +29.8% |
| 1988 | 252.39 billion current LCU | +24.1% |
| 1989 | 321.97 billion current LCU | +27.6% |
| 1990 | 399.81 billion current LCU | +24.2% |
| 1991 | 453.66 billion current LCU | +13.5% |
| 1992 | 430.19 billion current LCU | -5.2% |
| 1993 | 489.46 billion current LCU | +13.8% |
| 1994 | 431.97 billion current LCU | -11.7% |
| 1995 | 566.78 billion current LCU | +31.2% |
| 1996 | 657.84 billion current LCU | +16.1% |
| 1997 | 614.87 billion current LCU | -6.5% |
| 1998 | 696.09 billion current LCU | +13.2% |
| 1999 | 699.65 billion current LCU | +0.5% |
| 2000 | 909.75 billion current LCU | +30.0% |
| 2001 | 975.03 billion current LCU | +7.2% |
| 2002 | 989.59 billion current LCU | +1.5% |
| 2003 | 1.04 trillion current LCU | +5.5% |
| 2004 | 1.24 trillion current LCU | +18.4% |
| 2005 | 1.86 trillion current LCU | +50.3% |
| 2006 | 3.31 trillion current LCU | +78.2% |
| 2007 | 3.39 trillion current LCU | +2.4% |
| 2008 | 4.61 trillion current LCU | +36.0% |
| 2009 | 4.27 trillion current LCU | -7.5% |
| 2010 | 6.36 trillion current LCU | +49.1% |
| 2011 | 7.93 trillion current LCU | +24.7% |
Guinea compared with similar countries
- Guinea's 7.93 trillion current LCU is above the median for lower middle income countries, which is 40.46 billion current LCU, 196.0× the median. (24 countries reporting)
- Guinea's 7.93 trillion current LCU is above the median for Sub-Saharan Africa, which is 42.40 billion current LCU, 187.0× the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More economy & growth data for Guinea
- Real gdp growth, annual growth rate -2.71 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 470.07 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0005 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.9019 units per person (2025)
- SDRs holdings, SDR, annual growth rate 442.86 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0004 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.6586 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
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
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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 current local currency.