Total Expenditure (central government) — Value US$, 2015 prices in Guinea
Guinea: Total Expenditure (central government) — Value US$, 2015 prices was 2,326 million USD in 2023. ▲ Rising
Total Expenditure (central government) — Value US$, 2015 prices in Guinea, 2004–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for total expenditure (central government) — value us$, 2015 prices in Guinea is 2,326 million USD, measured in 2023. That is the highest value across all 20 years on record.
That represents a change of up 7.5% on the previous year and up 71.5% over ten years.
Over the whole period, total expenditure (central government) — value us$, 2015 prices in Guinea peaked at 2,326 million USD in 2023 and was at its lowest, 649.3 million USD, in 2007.
Guinea ranks 134th of 173 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Total Expenditure (central government) — Value US$, 2015 prices in Guinea, year by year
| Year | million USD | Change |
|---|---|---|
| 2004 | 682.25 million USD | — |
| 2005 | 702.1 million USD | +2.9% |
| 2006 | 714.67 million USD | +1.8% |
| 2007 | 649.3 million USD | -9.1% |
| 2008 | 765.25 million USD | +17.9% |
| 2009 | 702.49 million USD | -8.2% |
| 2010 | 1,390 million USD | +97.9% |
| 2011 | 1,012 million USD | -27.2% |
| 2012 | 1,023 million USD | +1.1% |
| 2013 | 1,356 million USD | +32.6% |
| 2014 | 1,597 million USD | +17.8% |
| 2015 | 2,013 million USD | +26.0% |
| 2016 | 1,541 million USD | -23.5% |
| 2017 | 1,881 million USD | +22.1% |
| 2018 | 1,836 million USD | -2.4% |
| 2019 | 1,809 million USD | -1.5% |
| 2020 | 2,028 million USD | +12.1% |
| 2021 | 1,820 million USD | -10.3% |
| 2022 | 2,163 million USD | +18.9% |
| 2023 | 2,326 million USD | +7.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 702.68 million USD | 649.3 million USD | 765.25 million USD | 6 |
| 2010s | 1,546 million USD | 1,012 million USD | 2,013 million USD | 10 |
| 2020s | 2,084 million USD | 1,820 million USD | 2,326 million USD | 4 |
Countries ranked near Guinea
- 131 Montenegro 2,512 million USD compare
- 132 Togo 2,381 million USD compare
- 133 Madagascar 2,333 million USD compare
- 135 Mauritania 2,037 million USD compare
- 136 Congo 1,987 million USD compare
- 137 Barbados 1,896 million USD compare
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)
- GNI (current LCU), annual growth rate 20.69 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 8,271 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 15.53 million current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 49.2 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual 48.86 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 13.46 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0759 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 142.49 current US$ per person (2025)
Frequently asked questions
- What is total expenditure (central government) — value us$, 2015 prices in Guinea?
- Total expenditure (central government) — value us$, 2015 prices in Guinea was 2,326 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value us$, 2015 prices recorded in Guinea?
- The highest recorded value was 2,326 million USD in 2023.
- What is the lowest total expenditure (central government) — value us$, 2015 prices recorded in Guinea?
- The lowest recorded value was 649.3 million USD in 2007.
- How does Guinea rank for total expenditure (central government) — value us$, 2015 prices?
- Guinea ranks 134th out of 173 countries with data for 2023.
- Is total expenditure (central government) — value us$, 2015 prices rising or falling in Guinea?
- Over the last ten years it is up 71.5%. The long-run trend across the full record is rising.
- 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 US$, 2015 prices. 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.