Total Expenditure (central government) β€” Value US$ in Guinea

Guinea: Total Expenditure (central government) β€” Value US$ was 3,647 million USD in 2023. β—† Volatile

Latest (2023)
3,647 million USD
Change on year
up 19.7%
World rank
129th
of 185 countries
All-time high
3,647 million USD
in 2023
All-time low
466.64 million USD
in 2005
Years of data
20
2004–2023

Total Expenditure (central government) β€” Value US$ in Guinea, 2004–2023

01.0k2.0k3.0k4.0k2004201320232004: 578 million USD2005: 466.6 million USD2006: 494.9 million USD2007: 626.6 million USD2008: 786.2 million USD2009: 704 million USD2010: 1.4k million USD2011: 925 million USD2012: 994.2 million USD2013: 1.4k million USD2014: 1.7k million USD2015: 2.0k million USD2016: 1.4k million USD2017: 1.8k million USD2018: 1.9k million USD2019: 2.0k million USD2020: 2.3k million USD2021: 2.2k million USD2022: 3.0k million USD2023: 3.6k million USD

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

In 2023, total expenditure (central government) β€” value us$ in Guinea stood at 3,647 million USD. That is the highest value across all 20 years on record.

Compared with earlier readings it is up 19.7% on the previous year and up 162.3% over ten years.

Over the whole period, total expenditure (central government) β€” value us$ in Guinea peaked at 3,647 million USD in 2023 and was at its lowest, 466.64 million USD, in 2005.

Guinea ranks 129th of 185 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 609.39 million USD 466.64 million USD 786.22 million USD 6
2010s 1,542 million USD 925.05 million USD 2,014 million USD 10
2020s 2,793 million USD 2,217 million USD 3,647 million USD 4

Countries ranked near Guinea

  1. 126 Bosnia and Herzegovina 3,849 million USD compare
  2. 127 Montenegro 3,801 million USD compare
  3. 128 Guyana 3,750 million USD compare
  4. 130 Rwanda 3,641 million USD compare
  5. 131 Maldives 3,572 million USD compare
  6. 132 Afghanistan 3,568 million USD compare

See the full ranking of 188 places β†’

More economy & growth data for Guinea

All data for Guinea β†’

Frequently asked questions

What is total expenditure (central government) β€” value us$ in Guinea?
Total expenditure (central government) β€” value us$ in Guinea was 3,647 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest total expenditure (central government) β€” value us$ recorded in Guinea?
The highest recorded value was 3,647 million USD in 2023.
What is the lowest total expenditure (central government) β€” value us$ recorded in Guinea?
The lowest recorded value was 466.64 million USD in 2005.
How does Guinea rank for total expenditure (central government) β€” value us$?
Guinea ranks 129th out of 185 countries with data for 2023.
Is total expenditure (central government) β€” value us$ rising or falling in Guinea?
Over the last ten years it is up 162.3%. 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) β€” Value US$. Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 20 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

About this data

Indicator
Total Expenditure (central government) β€” Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
188 places, 3,857 data points, 2001–2024
Last refreshed

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.