Wholesale and retail trade, value added in Guinea
Guinea: Wholesale and retail trade, value added was 5.55 trillion current LCU in 2011. ◆ Volatile
Wholesale and retail trade, value added in Guinea, 1988–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.
Analysis
The most recent figure for wholesale and retail trade, value added in Guinea is 5.55 trillion current LCU, measured in 2011. That is the highest value across all 24 years on record.
That represents a change of up 25.3% on the previous year and up 352.4% over ten years.
Over the whole period, wholesale and retail trade, value added in Guinea peaked at 5.55 trillion current LCU in 2011 and was at its lowest, 271.36 billion current LCU, in 1988.
Guinea ranks 2nd of 46 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 309.23 billion current LCU | 271.36 billion current LCU | 347.10 billion current LCU | 2 |
| 1990s | 967.02 billion current LCU | 454.69 billion current LCU | 1.28 trillion current LCU | 10 |
| 2000s | 2.00 trillion current LCU | 1.14 trillion current LCU | 3.58 trillion current LCU | 10 |
| 2010s | 4.99 trillion current LCU | 4.43 trillion current LCU | 5.55 trillion current LCU | 2 |
Countries ranked near Guinea
- 1 Zambia 15.20 trillion current LCU compare
- 3 Tanzania, United Republic of 4.60 trillion current LCU compare
- 4 Congo, Democratic Republic of the 2.61 trillion current LCU compare
- 5 Angola 1.90 trillion current LCU 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)
- Taxes less subsidies on products (current US$), annual growth rate 13.46 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0759 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 142.49 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 14.21 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 655.67 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 1.23 million current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0001 (2020)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 14,388 (2020)
Frequently asked questions
- What is wholesale and retail trade, value added in Guinea?
- Wholesale and retail trade, value added in Guinea was 5.55 trillion current LCU in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest wholesale and retail trade, value added recorded in Guinea?
- The highest recorded value was 5.55 trillion current LCU in 2011.
- What is the lowest wholesale and retail trade, value added recorded in Guinea?
- The lowest recorded value was 271.36 billion current LCU in 1988.
- How does Guinea rank for wholesale and retail trade, value added?
- Guinea ranks 2nd out of 46 countries with data for 2011.
- Is wholesale and retail trade, value added rising or falling in Guinea?
- Over the last ten years it is up 352.4%. The long-run trend across the full record is volatile.
- 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 Wholesale and retail trade, value added (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Value added in trade is defined as the value of output of the trade industry less the value of intermediate consumption (intermediate inputs). Trade is a subset of services, comprising wholesale and retail trade, and hotel and restaurants (ISIC 50-55). Data are in current local currency.