Value added, mining and quarrying in Guinea
Guinea: Value added, mining and quarrying was 664.32 million constant 2000 US$ in 2011. ▲ Rising
Latest (2011)
664.32 million constant 2000 US$
Change on year
up 4.3%
World rank
13th
of 39 countries
All-time high
679.46 million constant 2000 US$
in 2008
All-time low
343.30 million constant 2000 US$
in 1986
Years of data
26
1986–2011
Value added, mining and quarrying in Guinea, 1986–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in constant 2000 US$.
Analysis
Guinea recorded 664.32 million constant 2000 US$ for value added, mining and quarrying in 2011.
The figure is up 4.3% on the previous year and up 23.1% over ten years.
Over the whole period, value added, mining and quarrying in Guinea peaked at 679.46 million constant 2000 US$ in 2008 and was at its lowest, 343.30 million constant 2000 US$, in 1986.
That places Guinea 13th out of 39 countries with data for 2011, putting it in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Value added, mining and quarrying in Guinea, year by year
| Year | constant 2000 US$ | Change |
|---|---|---|
| 1986 | 343.30 million constant 2000 US$ | — |
| 1987 | 350.24 million constant 2000 US$ | +2.0% |
| 1988 | 356.83 million constant 2000 US$ | +1.9% |
| 1989 | 372.20 million constant 2000 US$ | +4.3% |
| 1990 | 372.89 million constant 2000 US$ | +0.2% |
| 1991 | 359.75 million constant 2000 US$ | -3.5% |
| 1992 | 354.36 million constant 2000 US$ | -1.5% |
| 1993 | 384.48 million constant 2000 US$ | +8.5% |
| 1994 | 379.86 million constant 2000 US$ | -1.2% |
| 1995 | 408.35 million constant 2000 US$ | +7.5% |
| 1996 | 456.13 million constant 2000 US$ | +11.7% |
| 1997 | 471.18 million constant 2000 US$ | +3.3% |
| 1998 | 487.67 million constant 2000 US$ | +3.5% |
| 1999 | 511.08 million constant 2000 US$ | +4.8% |
| 2000 | 520.79 million constant 2000 US$ | +1.9% |
| 2001 | 539.54 million constant 2000 US$ | +3.6% |
| 2002 | 555.18 million constant 2000 US$ | +2.9% |
| 2003 | 570.17 million constant 2000 US$ | +2.7% |
| 2004 | 576.25 million constant 2000 US$ | +1.1% |
| 2005 | 590.00 million constant 2000 US$ | +2.4% |
| 2006 | 580.62 million constant 2000 US$ | -1.6% |
| 2007 | 594.83 million constant 2000 US$ | +2.4% |
| 2008 | 679.46 million constant 2000 US$ | +14.2% |
| 2009 | 630.01 million constant 2000 US$ | -7.3% |
| 2010 | 636.63 million constant 2000 US$ | +1.1% |
| 2011 | 664.32 million constant 2000 US$ | +4.3% |
Guinea compared with similar countries
- Guinea's 664.32 million constant 2000 US$ is above the median for lower middle income countries, which is 307.92 million constant 2000 US$, 2.2× the median. (19 countries reporting)
- Guinea's 664.32 million constant 2000 US$ is above the median for Sub-Saharan Africa, which is 273.05 million constant 2000 US$, 2.4× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 355.64 million constant 2000 US$ | 343.30 million constant 2000 US$ | 372.20 million constant 2000 US$ | 4 |
| 1990s | 418.57 million constant 2000 US$ | 354.36 million constant 2000 US$ | 511.08 million constant 2000 US$ | 10 |
| 2000s | 583.69 million constant 2000 US$ | 520.79 million constant 2000 US$ | 679.46 million constant 2000 US$ | 10 |
| 2010s | 650.47 million constant 2000 US$ | 636.63 million constant 2000 US$ | 664.32 million constant 2000 US$ | 2 |
Countries ranked near Guinea
- 10 Morocco 1.15 billion constant 2000 US$ compare
- 11 Democratic Republic of Congo 1.13 billion constant 2000 US$ compare
- 12 Cameroon 951.42 million constant 2000 US$ compare
- 14 Namibia 500.97 million constant 2000 US$ compare
- 15 Tanzania 436.05 million constant 2000 US$ compare
- 16 Zambia 361.33 million constant 2000 US$ 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$), annual growth rate -28.7 % change on previous year (2024)
Frequently asked questions
- What is value added, mining and quarrying in Guinea?
- Value added, mining and quarrying in Guinea was 664.32 million constant 2000 US$ in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest value added, mining and quarrying recorded in Guinea?
- The highest recorded value was 679.46 million constant 2000 US$ in 2008.
- What is the lowest value added, mining and quarrying recorded in Guinea?
- The lowest recorded value was 343.30 million constant 2000 US$ in 1986.
- How does Guinea rank for value added, mining and quarrying?
- Guinea ranks 13th out of 39 countries with data for 2011.
- Is value added, mining and quarrying rising or falling in Guinea?
- Over the last ten years it is up 23.1%. 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 Value added, mining and quarrying (constant 2000 US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Value added in mining and quarrying is defined as the value of output of the mining and quarrying industries less the value of intermediate consumption (intermediate inputs). Mining and quarrying is a subset of industry (ISIC 10-14). Data are in constant 2000 U.S. dollars.