Other services, value added in Guinea
Guinea: Other services, value added was 205.09 billion constant LCU in 2011. ▲ Rising
Other services, value added in Guinea, 1991–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in constant LCU.
Analysis
In 2011, other services, value added in Guinea stood at 205.09 billion constant LCU. That is the highest value across all 21 years on record.
That represents a change of up 3.8% on the previous year and up 19.4% over ten years.
Over the whole period, other services, value added in Guinea peaked at 205.09 billion constant LCU in 2011 and was at its lowest, 110.26 billion constant LCU, in 1991.
Guinea ranks 8th of 36 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Other services, value added in Guinea, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1991 | 110.26 billion constant LCU | — |
| 1992 | 116.33 billion constant LCU | +5.5% |
| 1993 | 123.19 billion constant LCU | +5.9% |
| 1994 | 131.07 billion constant LCU | +6.4% |
| 1995 | 134.74 billion constant LCU | +2.8% |
| 1996 | 142.42 billion constant LCU | +5.7% |
| 1997 | 149.26 billion constant LCU | +4.8% |
| 1998 | 157.76 billion constant LCU | +5.7% |
| 1999 | 162.50 billion constant LCU | +3.0% |
| 2000 | 166.89 billion constant LCU | +2.7% |
| 2001 | 171.72 billion constant LCU | +2.9% |
| 2002 | 175.07 billion constant LCU | +2.0% |
| 2003 | 177.70 billion constant LCU | +1.5% |
| 2004 | 180.19 billion constant LCU | +1.4% |
| 2005 | 182.35 billion constant LCU | +1.2% |
| 2006 | 186.91 billion constant LCU | +2.5% |
| 2007 | 187.84 billion constant LCU | +0.5% |
| 2008 | 190.29 billion constant LCU | +1.3% |
| 2009 | 195.04 billion constant LCU | +2.5% |
| 2010 | 197.58 billion constant LCU | +1.3% |
| 2011 | 205.09 billion constant LCU | +3.8% |
Guinea compared with similar countries
- Guinea's 205.09 billion constant LCU is above the median for Sub-Saharan Africa, which is 47.34 billion constant LCU, 4.3× the median. (32 countries reporting)
- Guinea's 205.09 billion constant LCU is above the median for lower middle income countries, which is 74.52 billion constant LCU, 2.8× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 136.39 billion constant LCU | 110.26 billion constant LCU | 162.50 billion constant LCU | 9 |
| 2000s | 181.40 billion constant LCU | 166.89 billion constant LCU | 195.04 billion constant LCU | 10 |
| 2010s | 201.33 billion constant LCU | 197.58 billion constant LCU | 205.09 billion 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 other services, value added in Guinea?
- Other services, value added in Guinea was 205.09 billion constant LCU in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest other services, value added recorded in Guinea?
- The highest recorded value was 205.09 billion constant LCU in 2011.
- What is the lowest other services, value added recorded in Guinea?
- The lowest recorded value was 110.26 billion constant LCU in 1991.
- How does Guinea rank for other services, value added?
- Guinea ranks 8th out of 36 countries with data for 2011.
- Is other services, value added rising or falling in Guinea?
- Over the last ten years it is up 19.4%. 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 Other services, value added (constant LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Value added in other services is defined as the value of output of the 'other services' industry less the value of intermediate consumption (intermediate inputs). Other services is a subset of services, comprising real estate, renting and business activities (excluding services of owner occupied dwellings), education, health and social work, other community, social and personal service activities, private households with employed persons, and extra territorial organizations (ISIC 70-74, 80-99). Data are in constant local currency.