Subsidies in Guinea
Guinea: Subsidies was 14.44 million current US$ in 1994. ◆ Volatile
Subsidies in Guinea, 1986–1994
Source: World Bank country economists. Measured in current US$.
Analysis
In 1994, subsidies in Guinea stood at 14.44 million current US$.
The figure is up 64.2% on the previous year and up 4.2% over five years.
Over the whole period, subsidies in Guinea peaked at 165.34 million current US$ in 1990 and was at its lowest, 0 current US$, in 1986.
Guinea ranks 10th of 24 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 48.99 million current US$ | 0 current US$ | 152.37 million current US$ | 4 |
| 1990s | 43.58 million current US$ | 8.79 million current US$ | 165.34 million current US$ | 5 |
Countries ranked near Guinea
- 7 Namibia 36.03 million current US$ compare
- 8 Togo 34.13 million current US$ compare
- 9 Mali 33.01 million current US$ compare
- 11 Sierra Leone 13.51 million current US$ compare
- 12 Guinea-Bissau 11.20 million current US$ compare
- 13 Mozambique 7.15 million current US$ compare
More economy & growth data for Guinea
- External balance on goods and services as a percent of GDP -20.9% (2025)
- Inflation of consumer prices 3.5% (2025)
- GDP per capita 1,098 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 12.7% (2022)
- Gross domestic product (GDP) 16.58 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 1,098 constant 2015 US$ (2025)
- DEC alternative conversion factor 8,638 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 3.40 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 393.46 million current US$ (2025)
- Taxes less subsidies on products 18.59 trillion current LCU (2025)
Frequently asked questions
- What is subsidies in Guinea?
- Subsidies in Guinea was 14.44 million current US$ in 1994, according to World Bank country economists.
- What is the highest subsidies recorded in Guinea?
- The highest recorded value was 165.34 million current US$ in 1990.
- What is the lowest subsidies recorded in Guinea?
- The lowest recorded value was 0 current US$ in 1986.
- How does Guinea rank for subsidies?
- Guinea ranks 10th out of 24 countries with data for 1994.
- Where does this Guinea data come from?
- The figures come from World Bank country economists, published as part of Subsidies (current US$). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units make to enterprises, resident producers and importers. Subsidies may be designed to influence enterprises level or type of production, or the prices at which the products are sold. (Capital grants are in the national accounts classified as capital transfers.) Subsidies consists of ‘subsidies on products’, subsidies payable per unit of a good or a service, and ‘other subsidies on production’, which cover all other subsidies enterprises receives as a consequence of engaging in production. Data are in current U.S. dollars.