Mining and quarrying, value added in Guinea
Guinea: Mining and quarrying, value added was 1.20 billion current US$ in 2011. ▲ Rising
Mining and quarrying, value added in Guinea, 1986–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current US$.
Analysis
The most recent figure for mining and quarrying, value added in Guinea is 1.20 billion current US$, measured in 2011. That is the highest value across all 26 years on record.
The figure is up 7.8% on the previous year and up 139.2% over ten years.
Over the whole period, mining and quarrying, value added in Guinea peaked at 1.20 billion current US$ in 2011 and was at its lowest, 442.32 million current US$, in 1994.
Guinea ranks 19th of 50 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Mining and quarrying, value added in Guinea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1986 | 452.84 million current US$ | — |
| 1987 | 474.75 million current US$ | +4.8% |
| 1988 | 532.02 million current US$ | +12.1% |
| 1989 | 544.19 million current US$ | +2.3% |
| 1990 | 605.59 million current US$ | +11.3% |
| 1991 | 601.75 million current US$ | -0.6% |
| 1992 | 476.93 million current US$ | -20.7% |
| 1993 | 512.26 million current US$ | +7.4% |
| 1994 | 442.32 million current US$ | -13.7% |
| 1995 | 571.70 million current US$ | +29.2% |
| 1996 | 655.22 million current US$ | +14.6% |
| 1997 | 561.37 million current US$ | -14.3% |
| 1998 | 562.80 million current US$ | +0.3% |
| 1999 | 504.29 million current US$ | -10.4% |
| 2000 | 520.79 million current US$ | +3.3% |
| 2001 | 500.58 million current US$ | -3.9% |
| 2002 | 500.75 million current US$ | +0.0% |
| 2003 | 526.09 million current US$ | +5.1% |
| 2004 | 555.61 million current US$ | +5.6% |
| 2005 | 510.02 million current US$ | -8.2% |
| 2006 | 619.15 million current US$ | +21.4% |
| 2007 | 822.64 million current US$ | +32.9% |
| 2008 | 838.42 million current US$ | +1.9% |
| 2009 | 802.71 million current US$ | -4.3% |
| 2010 | 1.11 billion current US$ | +38.4% |
| 2011 | 1.20 billion current US$ | +7.8% |
Guinea compared with similar countries
- Guinea's 1.20 billion current US$ is above the median for lower middle income countries, which is 785.24 million current US$, 1.5× the median. (24 countries reporting)
- Guinea's 1.20 billion current US$ is above the median for Sub-Saharan Africa, which is 348.41 million current US$, 3.4× the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 500.95 million current US$ | 452.84 million current US$ | 544.19 million current US$ | 4 |
| 1990s | 549.42 million current US$ | 442.32 million current US$ | 655.22 million current US$ | 10 |
| 2000s | 619.67 million current US$ | 500.58 million current US$ | 838.42 million current US$ | 10 |
| 2010s | 1.15 billion current US$ | 1.11 billion current US$ | 1.20 billion current US$ | 2 |
Countries ranked near Guinea
- 16 Mauritania 1.60 billion current US$ compare
- 17 Democratic Republic of Congo 1.39 billion current US$ compare
- 18 Burkina Faso 1.26 billion current US$ compare
- 20 Namibia 1.19 billion current US$ compare
- 21 Zimbabwe 1.11 billion current US$ compare
- 22 Tanzania 798.43 million current 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$), annual growth rate -28.7 % change on previous year (2024)
Frequently asked questions
- What is mining and quarrying, value added in Guinea?
- Mining and quarrying, value added in Guinea was 1.20 billion current US$ 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 1.20 billion current US$ in 2011.
- What is the lowest mining and quarrying, value added recorded in Guinea?
- The lowest recorded value was 442.32 million current US$ in 1994.
- How does Guinea rank for mining and quarrying, value added?
- Guinea ranks 19th 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 139.2%. 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 (current US$). Statizoid updates them automatically from the source API.
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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 U.S. dollars.