Total Expenditure (central government) — Value Standard Local Currency in Guinea
Guinea: Total Expenditure (central government) — Value Standard Local Currency was 31.04 million million SLC in 2023. ◆ Volatile
Total Expenditure (central government) — Value Standard Local Currency in Guinea, 2004–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Guinea recorded 31.04 million million SLC for total expenditure (central government) — value standard local currency in 2023. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 16.9% on the previous year and up 223.1% over ten years.
Over the whole period, total expenditure (central government) — value standard local currency in Guinea peaked at 31.04 million million SLC in 2023 and was at its lowest, 1.30 million million SLC, in 2004.
Guinea ranks 12th of 174 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Total Expenditure (central government) — Value Standard Local Currency in Guinea, year by year
| Year | million SLC | Change |
|---|---|---|
| 2004 | 1.30 million million SLC | — |
| 2005 | 1.70 million million SLC | +31.1% |
| 2006 | 2.55 million million SLC | +49.8% |
| 2007 | 2.63 million million SLC | +3.2% |
| 2008 | 3.62 million million SLC | +37.5% |
| 2009 | 3.38 million million SLC | -6.6% |
| 2010 | 7.77 million million SLC | +129.8% |
| 2011 | 6.16 million million SLC | -20.7% |
| 2012 | 6.95 million million SLC | +12.8% |
| 2013 | 9.61 million million SLC | +38.3% |
| 2014 | 11.61 million million SLC | +20.9% |
| 2015 | 15.07 million million SLC | +29.8% |
| 2016 | 12.19 million million SLC | -19.1% |
| 2017 | 16.42 million million SLC | +34.8% |
| 2018 | 17.16 million million SLC | +4.5% |
| 2019 | 18.50 million million SLC | +7.8% |
| 2020 | 21.62 million million SLC | +16.9% |
| 2021 | 21.72 million million SLC | +0.5% |
| 2022 | 26.55 million million SLC | +22.2% |
| 2023 | 31.04 million million SLC | +16.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.53 million million SLC | 1.30 million million SLC | 3.62 million million SLC | 6 |
| 2010s | 12.14 million million SLC | 6.16 million million SLC | 18.50 million million SLC | 10 |
| 2020s | 25.23 million million SLC | 21.62 million million SLC | 31.04 million million SLC | 4 |
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)
- GDP (current US$), annual growth rate 13.34 % change on previous year (2025)
- GDP (current US$), per capita 1,877 current US$ per person (2025)
- GDP (current LCU), annual growth rate 14.1 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 8,638 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 16.22 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 7.45 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.585 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 1,098 constant 2015 US$ per person (2025)
Frequently asked questions
- What is total expenditure (central government) — value standard local currency in Guinea?
- Total expenditure (central government) — value standard local currency in Guinea was 31.04 million million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value standard local currency recorded in Guinea?
- The highest recorded value was 31.04 million million SLC in 2023.
- What is the lowest total expenditure (central government) — value standard local currency recorded in Guinea?
- The lowest recorded value was 1.30 million million SLC in 2004.
- How does Guinea rank for total expenditure (central government) — value standard local currency?
- Guinea ranks 12th out of 174 countries with data for 2023.
- Is total expenditure (central government) — value standard local currency rising or falling in Guinea?
- Over the last ten years it is up 223.1%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.