Value Added (Total Manufacturing) — Value Standard Local Currency in Guinea

Guinea: Value Added (Total Manufacturing) — Value Standard Local Currency was 22.80 million million SLC in 2023. ◆ Volatile

Latest (2023)
22.80 million million SLC
Change on year
up 5.0%
World rank
20th
of 215 countries
All-time high
22.80 million million SLC
in 2023
All-time low
2,587 million SLC
in 1970
Years of data
54
1970–2023

Value Added (Total Manufacturing) — Value Standard Local Currency in Guinea, 1970–2023

05.0M10.0M15.0M20.0M25.0M197019962023

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

Analysis

Guinea recorded 22.80 million million SLC for value added (total manufacturing) — value standard local currency in 2023. That is the highest value across all 54 years on record.

Compared with earlier readings it is up 5.0% on the previous year and up 264.8% over ten years.

Over the whole period, value added (total manufacturing) — value standard local currency in Guinea peaked at 22.80 million million SLC in 2023 and was at its lowest, 2,587 million SLC, in 1970.

That places Guinea 20th out of 215 countries with data for 2023, putting it in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 4,013 million SLC 2,587 million SLC 5,519 million SLC 10
1980s 26,022 million SLC 6,019 million SLC 68,789 million SLC 10
1990s 155,038 million SLC 84,979 million SLC 287,270 million SLC 10
2000s 1.80 million million SLC 214,708 million SLC 4.06 million million SLC 10
2010s 7.66 million million SLC 4.17 million million SLC 12.84 million million SLC 10
2020s 18.90 million million SLC 12.89 million million SLC 22.80 million million SLC 4

Countries ranked near Guinea

  1. 17 Uganda 28.66 million million SLC compare
  2. 18 Lao People's Democratic Republic 26.57 million million SLC compare
  3. 19 Chile 25.95 million million SLC compare
  4. 21 Russian Federation 22.13 million million SLC compare
  5. 22 Kazakhstan 14.54 million million SLC compare
  6. 23 United Republic of Tanzania 13.66 million million SLC compare

See the full ranking of 218 places →

More economy & growth data for Guinea

All data for Guinea →

Frequently asked questions

What is value added (total manufacturing) — value standard local currency in Guinea?
Value added (total manufacturing) — value standard local currency in Guinea was 22.80 million million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (total manufacturing) — value standard local currency recorded in Guinea?
The highest recorded value was 22.80 million million SLC in 2023.
What is the lowest value added (total manufacturing) — value standard local currency recorded in Guinea?
The lowest recorded value was 2,587 million SLC in 1970.
How does Guinea rank for value added (total manufacturing) — value standard local currency?
Guinea ranks 20th out of 215 countries with data for 2023.
Is value added (total manufacturing) — value standard local currency rising or falling in Guinea?
Over the last ten years it is up 264.8%. 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 Value Added (Total Manufacturing) — Value Standard Local Currency. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

About this data

Indicator
Value Added (Total Manufacturing) — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
218 places, 10,797 data points, 1970–2023
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).