Other services, value added (current LCU) in Guinea
Guinea: Other services, value added (current LCU) was 875.17 billion current LCU in 2011. ◆ Volatile
Other services, value added in Guinea, 1988–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.
Analysis
The most recent figure for other services, value added in Guinea is 875.17 billion current LCU, measured in 2011. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 23.5% on the previous year and up 89.2% over ten years.
Over the whole period, other services, value added in Guinea peaked at 875.17 billion current LCU in 2011 and was at its lowest, 44.75 billion current LCU, in 1989.
Guinea ranks 8th of 45 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Other services, value added (current LCU) in Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1988 | 55.20 billion current LCU | — |
| 1989 | 44.75 billion current LCU | -18.9% |
| 1990 | 70.48 billion current LCU | +57.5% |
| 1991 | 216.70 billion current LCU | +207.5% |
| 1992 | 245.93 billion current LCU | +13.5% |
| 1993 | 239.95 billion current LCU | -2.4% |
| 1994 | 189.18 billion current LCU | -21.2% |
| 1995 | 335.77 billion current LCU | +77.5% |
| 1996 | 402.80 billion current LCU | +20.0% |
| 1997 | 272.61 billion current LCU | -32.3% |
| 1998 | 286.10 billion current LCU | +4.9% |
| 1999 | 384.81 billion current LCU | +34.5% |
| 2000 | 449.50 billion current LCU | +16.8% |
| 2001 | 462.53 billion current LCU | +2.9% |
| 2002 | 471.55 billion current LCU | +1.9% |
| 2003 | 177.70 billion current LCU | -62.3% |
| 2004 | 204.07 billion current LCU | +14.8% |
| 2005 | 279.03 billion current LCU | +36.7% |
| 2006 | 369.52 billion current LCU | +32.4% |
| 2007 | 437.24 billion current LCU | +18.3% |
| 2008 | 447.36 billion current LCU | +2.3% |
| 2009 | 559.42 billion current LCU | +25.1% |
| 2010 | 708.36 billion current LCU | +26.6% |
| 2011 | 875.17 billion current LCU | +23.5% |
Guinea compared with similar countries
- Guinea's 875.17 billion current LCU is above the median for Sub-Saharan Africa, which is 81.11 billion current LCU, 10.8× the median. (41 countries reporting)
- Guinea's 875.17 billion current LCU is above the median for lower middle income countries, which is 142.08 billion current LCU, 6.2× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Other services, value added (current LCU) in Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | +207.5% | 70.48 billion current LCU | 216.70 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 49.98 billion current LCU | 44.75 billion current LCU | 55.20 billion current LCU | 2 |
| 1990s | 264.43 billion current LCU | 70.48 billion current LCU | 402.80 billion current LCU | 10 |
| 2000s | 385.79 billion current LCU | 177.70 billion current LCU | 559.42 billion current LCU | 10 |
| 2010s | 791.77 billion current LCU | 708.36 billion current LCU | 875.17 billion 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 other services, value added in Guinea?
- Other services, value added in Guinea was 875.17 billion current 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 875.17 billion current LCU in 2011.
- What is the lowest other services, value added recorded in Guinea?
- The lowest recorded value was 44.75 billion current LCU in 1989.
- How does Guinea rank for other services, value added?
- Guinea ranks 8th out of 45 countries with data for 2011.
- Is other services, value added rising or falling in Guinea?
- Over the last ten years it is up 89.2%. 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 Other services, value added (current LCU). Statizoid updates them automatically from the source API.
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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 current local currency.