Budgetary investment in Guinea
Guinea: Budgetary investment was 983.71 billion current LCU in 2011. ◆ Volatile
Latest (2011)
983.71 billion current LCU
Change on year
down 55.0%
World rank
6th
of 51 countries
All-time high
2.19 trillion current LCU
in 2010
All-time low
0 current LCU
in 2000
Years of data
26
1986–2011
Budgetary investment in Guinea, 1986–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
In 2011, budgetary investment in Guinea stood at 983.71 billion current LCU.
Compared with earlier readings it is down 55.0% on the previous year and up 2,830.7% over ten years.
Over the whole period, budgetary investment in Guinea peaked at 2.19 trillion current LCU in 2010 and was at its lowest, 0 current LCU, in 2000.
That places Guinea 6th out of 51 countries with data for 2011, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Budgetary investment in Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1986 | 53.50 billion current LCU | — |
| 1987 | 11.70 billion current LCU | -78.1% |
| 1988 | 21.10 billion current LCU | +80.3% |
| 1989 | 21.10 billion current LCU | +0.0% |
| 1990 | 21.10 billion current LCU | +0.0% |
| 1991 | 39.90 billion current LCU | +89.1% |
| 1992 | 31.70 billion current LCU | -20.6% |
| 1993 | 45.60 billion current LCU | +43.8% |
| 1994 | 38.80 billion current LCU | -14.9% |
| 1995 | 51.20 billion current LCU | +32.0% |
| 1996 | 48.70 billion current LCU | -4.9% |
| 1997 | 39.71 billion current LCU | -18.5% |
| 1998 | 41.40 billion current LCU | +4.3% |
| 1999 | 48.90 billion current LCU | +18.1% |
| 2000 | 0 current LCU | -100.0% |
| 2001 | 33.57 billion current LCU | — |
| 2002 | 77.58 billion current LCU | +131.1% |
| 2003 | 153.98 billion current LCU | +98.5% |
| 2004 | 177.98 billion current LCU | +15.6% |
| 2005 | 183.82 billion current LCU | +3.3% |
| 2006 | 289.00 billion current LCU | +57.2% |
| 2007 | 279.12 billion current LCU | -3.4% |
| 2008 | 395.61 billion current LCU | +41.7% |
| 2009 | 1.27 trillion current LCU | +221.7% |
| 2010 | 2.19 trillion current LCU | +71.8% |
| 2011 | 983.71 billion current LCU | -55.0% |
Guinea compared with similar countries
- Guinea's 983.71 billion current LCU is above the median for lower middle income countries, which is 59.73 billion current LCU, 16.5× the median. (24 countries reporting)
- Guinea's 983.71 billion current LCU is above the median for Sub-Saharan Africa, which is 40.07 billion current LCU, 24.5× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 26.85 billion current LCU | 11.70 billion current LCU | 53.50 billion current LCU | 4 |
| 1990s | 40.70 billion current LCU | 21.10 billion current LCU | 51.20 billion current LCU | 10 |
| 2000s | 286.34 billion current LCU | 0 current LCU | 1.27 trillion current LCU | 10 |
| 2010s | 1.59 trillion current LCU | 983.71 billion current LCU | 2.19 trillion current LCU | 2 |
Countries ranked near Guinea
- 3 Uganda 2.66 trillion current LCU compare
- 4 Sao Tome and Principe 1.27 trillion current LCU compare
- 5 Algeria 1.02 trillion current LCU compare
- 7 Madagascar 948.60 billion current LCU compare
- 8 Angola 846.26 billion current LCU compare
- 9 Sierra Leone 731.42 billion current LCU compare
More science & technology data for Guinea
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2023)
- Mobile landline subscriptions, gaps filled 97.88 (2023)
- Mobile cellular subscriptions by country, per capita 0.9788 units per person (2023)
- Mobile cellular subscriptions by country, per unit of GDP 0.0006 units per US$ of GDP (2023)
- Mobile cellular subscriptions by country, gaps filled 14.10 million (2023)
- Mobile cellular subscriptions by country, per square kilometre 57.38 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate 2.69 % change on previous year (2023)
- Mobile cellular subscriptions by country, annual growth rate 5.25 % change on previous year (2023)
- Scientific and technical journal articles 54.9 (2023)
- Scientific and technical journal articles, per capita 0 units per person (2023)
Frequently asked questions
- What is budgetary investment in Guinea?
- Budgetary investment in Guinea was 983.71 billion current LCU in 2011, according to World Bank country economists.
- What is the highest budgetary investment recorded in Guinea?
- The highest recorded value was 2.19 trillion current LCU in 2010.
- What is the lowest budgetary investment recorded in Guinea?
- The lowest recorded value was 0 current LCU in 2000.
- How does Guinea rank for budgetary investment?
- Guinea ranks 6th out of 51 countries with data for 2011.
- Is budgetary investment rising or falling in Guinea?
- Over the last ten years it is up 2,830.7%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from World Bank country economists, published as part of Budgetary investment (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Budgetary investment. Data are in current local currency.