Revenue Statistics in Africa - Comparative tax and non-tax revenues in Guinea
Guinea: Revenue Statistics in Africa - Comparative tax and non-tax revenues was 12.79 Percentage of GDP in 2024. ▲ Rising
Revenue Statistics in Africa - Comparative tax and non-tax revenues in Guinea, 2000–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2024, revenue statistics in africa - comparative tax and non-tax revenues in Guinea stood at 12.79 Percentage of GDP.
Compared with earlier readings it is up 8.3% on the previous year and up 0.2% over ten years.
Over the whole period, revenue statistics in africa - comparative tax and non-tax revenues in Guinea peaked at 14.47 Percentage of GDP in 2012 and was at its lowest, 7.46 Percentage of GDP, in 2003.
Guinea ranks 25th of 36 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Revenue Statistics in Africa - Comparative tax and non-tax revenues in Guinea, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 7.47 Percentage of GDP | — |
| 2001 | 8.19 Percentage of GDP | +9.7% |
| 2002 | 8.74 Percentage of GDP | +6.7% |
| 2003 | 7.46 Percentage of GDP | -14.7% |
| 2004 | 7.58 Percentage of GDP | +1.6% |
| 2005 | 8.38 Percentage of GDP | +10.6% |
| 2006 | 8.46 Percentage of GDP | +0.9% |
| 2007 | 8.83 Percentage of GDP | +4.3% |
| 2008 | 9.49 Percentage of GDP | +7.5% |
| 2009 | 10.2 Percentage of GDP | +7.5% |
| 2010 | 9.74 Percentage of GDP | -4.4% |
| 2011 | 11.61 Percentage of GDP | +19.2% |
| 2012 | 14.47 Percentage of GDP | +24.6% |
| 2013 | 12.96 Percentage of GDP | -10.4% |
| 2014 | 12.76 Percentage of GDP | -1.5% |
| 2015 | 12.84 Percentage of GDP | +0.6% |
| 2016 | 13.9 Percentage of GDP | +8.2% |
| 2017 | 12.67 Percentage of GDP | -8.8% |
| 2018 | 12.42 Percentage of GDP | -2.0% |
| 2019 | 12.7 Percentage of GDP | +2.3% |
| 2020 | 12.12 Percentage of GDP | -4.6% |
| 2021 | 11.96 Percentage of GDP | -1.3% |
| 2022 | 12.34 Percentage of GDP | +3.2% |
| 2023 | 11.82 Percentage of GDP | -4.3% |
| 2024 | 12.79 Percentage of GDP | +8.3% |
Guinea compared with similar countries
- Guinea's 12.79 Percentage of GDP is below the median for lower middle income countries, which is 16.41 Percentage of GDP, 78% of the median. (16 countries reporting)
- Guinea's 12.79 Percentage of GDP is below the median for Sub-Saharan Africa, which is 14.85 Percentage of GDP, 86% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.48 Percentage of GDP | 7.46 Percentage of GDP | 10.2 Percentage of GDP | 10 |
| 2010s | 12.61 Percentage of GDP | 9.74 Percentage of GDP | 14.47 Percentage of GDP | 10 |
| 2020s | 12.21 Percentage of GDP | 11.82 Percentage of GDP | 12.79 Percentage of GDP | 5 |
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 revenue statistics in africa - comparative tax and non-tax revenues in Guinea?
- Revenue statistics in africa - comparative tax and non-tax revenues in Guinea was 12.79 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest revenue statistics in africa - comparative tax and non-tax revenues recorded in Guinea?
- The highest recorded value was 14.47 Percentage of GDP in 2012.
- What is the lowest revenue statistics in africa - comparative tax and non-tax revenues recorded in Guinea?
- The lowest recorded value was 7.46 Percentage of GDP in 2003.
- How does Guinea rank for revenue statistics in africa - comparative tax and non-tax revenues?
- Guinea ranks 25th out of 36 countries with data for 2024.
- Is revenue statistics in africa - comparative tax and non-tax revenues rising or falling in Guinea?
- Over the last ten years it is up 0.2%. The long-run trend across the full record is rising.
- Where does this Guinea data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Revenue Statistics in Africa - Comparative tax and non-tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax and non-tax revenue data from Revenue Statistics in Africa countries presented as a percentage of GDP and as a share of total tax or non-tax revenue, as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax, non-tax revenues, grants, royalties, fines, penalties, administrative fees, resource rents, sales of goods and services.