Value Added Deflator (Manufacturing) — Value Standard Local Currency in Guinea
Guinea: Value Added Deflator (Manufacturing) — Value Standard Local Currency was -6.26 % change on previous year in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Guinea, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, value added deflator (manufacturing) — value standard local currency in Guinea stood at -6.26 % change on previous year.
Compared with earlier readings it is down 141.6% on the previous year and down 153.9% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Guinea peaked at 235.45 % change on previous year in 2003 and was at its lowest, -30.13 % change on previous year, in 2000.
That places Guinea 186th out of 209 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 5.63 % change on previous year | — |
| 1972 | 5.57 % change on previous year | -1.1% |
| 1973 | 9.95 % change on previous year | +78.8% |
| 1974 | 4.16 % change on previous year | -58.2% |
| 1975 | 4.86 % change on previous year | +16.9% |
| 1976 | 6.2 % change on previous year | +27.6% |
| 1977 | 4.52 % change on previous year | -27.0% |
| 1978 | 2.15 % change on previous year | -52.4% |
| 1979 | 7.74 % change on previous year | +259.4% |
| 1980 | 6.42 % change on previous year | -17.0% |
| 1981 | 8.46 % change on previous year | +31.8% |
| 1982 | 28.99 % change on previous year | +242.7% |
| 1983 | 29.81 % change on previous year | +2.8% |
| 1984 | 26.01 % change on previous year | -12.8% |
| 1985 | 19.67 % change on previous year | -24.4% |
| 1986 | 66.57 % change on previous year | +238.5% |
| 1987 | 24.34 % change on previous year | -63.4% |
| 1988 | 27.79 % change on previous year | +14.2% |
| 1989 | 24.45 % change on previous year | -12.0% |
| 1990 | 17.65 % change on previous year | -27.8% |
| 1991 | 12.11 % change on previous year | -31.4% |
| 1992 | 7.83 % change on previous year | -35.3% |
| 1993 | 24.86 % change on previous year | +217.5% |
| 1994 | 1.2 % change on previous year | -95.2% |
| 1995 | 2.74 % change on previous year | +128.4% |
| 1996 | 0.0256 % change on previous year | -99.1% |
| 1997 | -8.96 % change on previous year | -35136.1% |
| 1998 | 3.91 % change on previous year | -143.6% |
| 1999 | 55.7 % change on previous year | +1325.8% |
| 2000 | -30.13 % change on previous year | -154.1% |
| 2001 | 3.84 % change on previous year | -112.7% |
| 2002 | 22.53 % change on previous year | +486.8% |
| 2003 | 235.45 % change on previous year | +945.3% |
| 2004 | 10.65 % change on previous year | -95.5% |
| 2005 | 30.78 % change on previous year | +189.1% |
| 2006 | 51.5 % change on previous year | +67.3% |
| 2007 | 28.74 % change on previous year | -44.2% |
| 2008 | 29.54 % change on previous year | +2.8% |
| 2009 | 9.11 % change on previous year | -69.1% |
| 2010 | 1.9 % change on previous year | -79.1% |
| 2011 | 14.78 % change on previous year | +677.7% |
| 2012 | 3.37 % change on previous year | -77.2% |
| 2013 | 11.61 % change on previous year | +244.2% |
| 2014 | 3.17 % change on previous year | -72.7% |
| 2015 | 4.8 % change on previous year | +51.7% |
| 2016 | -1.8 % change on previous year | -137.5% |
| 2017 | 5.82 % change on previous year | -423.3% |
| 2018 | 1.27 % change on previous year | -78.2% |
| 2019 | 23.35 % change on previous year | +1736.9% |
| 2020 | 0.9853 % change on previous year | -95.8% |
| 2021 | 32.11 % change on previous year | +3158.9% |
| 2022 | 15.05 % change on previous year | -53.1% |
| 2023 | -6.26 % change on previous year | -141.6% |
Guinea compared with similar countries
- Guinea's -6.26 % change on previous year is below the median for lower middle income countries, which is 5.62 % change on previous year. (41 countries reporting)
- Guinea's -6.26 % change on previous year is below the median for Sub-Saharan Africa, which is 5.41 % change on previous year. (44 countries reporting)
Biggest year-on-year movements
Years where Value Added Deflator (Manufacturing) — Value Standard Local Currency in Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | -35136.1% | 0.0256 % change on previous year | -8.96 % change on previous year |
| 2021 | +3158.9% | 0.9853 % change on previous year | 32.11 % change on previous year |
| 2019 | +1736.9% | 1.27 % change on previous year | 23.35 % change on previous year |
| 1999 | +1325.8% | 3.91 % change on previous year | 55.7 % change on previous year |
| 2003 | +945.3% | 22.53 % change on previous year | 235.45 % change on previous year |
| 2011 | +677.7% | 1.9 % change on previous year | 14.78 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.64 % change on previous year | 2.15 % change on previous year | 9.95 % change on previous year | 9 |
| 1980s | 26.25 % change on previous year | 6.42 % change on previous year | 66.57 % change on previous year | 10 |
| 1990s | 11.71 % change on previous year | -8.96 % change on previous year | 55.7 % change on previous year | 10 |
| 2000s | 39.2 % change on previous year | -30.13 % change on previous year | 235.45 % change on previous year | 10 |
| 2010s | 6.83 % change on previous year | -1.8 % change on previous year | 23.35 % change on previous year | 10 |
| 2020s | 10.47 % change on previous year | -6.26 % change on previous year | 32.11 % change on previous year | 4 |
Countries ranked near Guinea
- 183 New Caledonia -4.18 % change on previous year compare
- 184 Liberia -5.77 % change on previous year compare
- 185 Cambodia -6.2 % change on previous year compare
- 187 Costa Rica -6.29 % change on previous year compare
- 188 Algeria -6.66 % change on previous year compare
- 189 Eritrea -7.13 % change on previous year 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)
- 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 value added deflator (manufacturing) — value standard local currency in Guinea?
- Value added deflator (manufacturing) — value standard local currency in Guinea was -6.26 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Guinea?
- The highest recorded value was 235.45 % change on previous year in 2003.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Guinea?
- The lowest recorded value was -30.13 % change on previous year in 2000.
- How does Guinea rank for value added deflator (manufacturing) — value standard local currency?
- Guinea ranks 186th out of 209 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Guinea?
- Over the last ten years it is down 153.9%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from Statizoid (derived), published as part of Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added Deflator (Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.