Transportation, storage and communication, value added in Guinea
Guinea: Transportation, storage and communication, value added was 554.85 billion constant LCU in 2011. ▲ Rising
Transportation, storage and communication, value added in Guinea, 1991–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in constant LCU.
Analysis
The most recent figure for transportation, storage and communication, value added in Guinea is 554.85 billion constant LCU, measured in 2011. That is the highest value across all 21 years on record.
Compared with earlier readings it is up 5.0% on the previous year and up 18.1% over ten years.
Over the whole period, transportation, storage and communication, value added in Guinea peaked at 554.85 billion constant LCU in 2011 and was at its lowest, 306.61 billion constant LCU, in 1991.
That places Guinea 2nd out of 35 countries with data for 2011, putting it in the top 10%.
The long-run direction has been consistently rising across the 21 years of available data.
Transportation, storage and communication, value added in Guinea, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1991 | 306.61 billion constant LCU | — |
| 1992 | 319.48 billion constant LCU | +4.2% |
| 1993 | 333.86 billion constant LCU | +4.5% |
| 1994 | 357.90 billion constant LCU | +7.2% |
| 1995 | 368.99 billion constant LCU | +3.1% |
| 1996 | 389.66 billion constant LCU | +5.6% |
| 1997 | 408.36 billion constant LCU | +4.8% |
| 1998 | 438.99 billion constant LCU | +7.5% |
| 1999 | 454.35 billion constant LCU | +3.5% |
| 2000 | 461.17 billion constant LCU | +1.5% |
| 2001 | 469.70 billion constant LCU | +1.9% |
| 2002 | 481.91 billion constant LCU | +2.6% |
| 2003 | 486.73 billion constant LCU | +1.0% |
| 2004 | 492.57 billion constant LCU | +1.2% |
| 2005 | 501.44 billion constant LCU | +1.8% |
| 2006 | 503.94 billion constant LCU | +0.5% |
| 2007 | 509.49 billion constant LCU | +1.1% |
| 2008 | 523.75 billion constant LCU | +2.8% |
| 2009 | 521.13 billion constant LCU | -0.5% |
| 2010 | 528.43 billion constant LCU | +1.4% |
| 2011 | 554.85 billion constant LCU | +5.0% |
Guinea compared with similar countries
- Guinea's 554.85 billion constant LCU is above the median for Sub-Saharan Africa, which is 48.30 billion constant LCU, 11.5× the median. (32 countries reporting)
- Guinea's 554.85 billion constant LCU is above the median for lower middle income countries, which is 54.55 billion constant LCU, 10.2× the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 375.36 billion constant LCU | 306.61 billion constant LCU | 454.35 billion constant LCU | 9 |
| 2000s | 495.18 billion constant LCU | 461.17 billion constant LCU | 523.75 billion constant LCU | 10 |
| 2010s | 541.64 billion constant LCU | 528.43 billion constant LCU | 554.85 billion constant LCU | 2 |
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 transportation, storage and communication, value added in Guinea?
- Transportation, storage and communication, value added in Guinea was 554.85 billion constant LCU in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest transportation, storage and communication, value added recorded in Guinea?
- The highest recorded value was 554.85 billion constant LCU in 2011.
- What is the lowest transportation, storage and communication, value added recorded in Guinea?
- The lowest recorded value was 306.61 billion constant LCU in 1991.
- How does Guinea rank for transportation, storage and communication, value added?
- Guinea ranks 2nd out of 35 countries with data for 2011.
- Is transportation, storage and communication, value added rising or falling in Guinea?
- Over the last ten years it is up 18.1%. The long-run trend across the full record is rising.
- Where does this Guinea data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Transportation, storage and communication, value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Value added in transport is defined as the value of output of the transport industry less the value of intermediate consumption (intermediate inputs). Transport is a subset of services, comprising transport, storage and communications (ISIC 60-64). Data are in constant local currency.