Current budget balance, including grants in Guinea
Guinea: Current budget balance, including grants was 201.01 billion current LCU in 2011. ◆ Volatile
Current budget balance, including grants in Guinea, 1986–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
Guinea recorded 201.01 billion current LCU for current budget balance, including grants in 2011.
The figure is up 114.5% on the previous year and up 739.0% over ten years.
Over the whole period, current budget balance, including grants in Guinea peaked at 635.98 billion current LCU in 2008 and was at its lowest, -1.39 trillion current LCU, in 2010.
That places Guinea 18th out of 51 countries with data for 2011, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current budget balance, including grants in Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1986 | 800.01 million current LCU | — |
| 1987 | 16.10 billion current LCU | +1912.5% |
| 1988 | 9.90 billion current LCU | -38.5% |
| 1989 | 34.80 billion current LCU | +251.5% |
| 1990 | 63.79 billion current LCU | +83.3% |
| 1991 | 49.61 billion current LCU | -22.2% |
| 1992 | 58.12 billion current LCU | +17.2% |
| 1993 | 58.15 billion current LCU | +0.1% |
| 1994 | 31.52 billion current LCU | -45.8% |
| 1995 | 68.72 billion current LCU | +118.0% |
| 1996 | 47.82 billion current LCU | -30.4% |
| 1997 | 98.80 billion current LCU | +106.6% |
| 1998 | 109.00 billion current LCU | +10.3% |
| 1999 | 87.70 billion current LCU | -19.5% |
| 2000 | 90.50 billion current LCU | +3.2% |
| 2001 | 23.96 billion current LCU | -73.5% |
| 2002 | 24.25 billion current LCU | +1.2% |
| 2003 | -140.61 billion current LCU | -679.9% |
| 2004 | -46.49 billion current LCU | -66.9% |
| 2005 | 299.60 billion current LCU | -744.5% |
| 2006 | 80.42 billion current LCU | -73.2% |
| 2007 | 614.51 billion current LCU | +664.1% |
| 2008 | 635.98 billion current LCU | +3.5% |
| 2009 | -36.74 billion current LCU | -105.8% |
| 2010 | -1.39 trillion current LCU | +3684.1% |
| 2011 | 201.01 billion current LCU | -114.5% |
Guinea compared with similar countries
- Guinea's 201.01 billion current LCU is above the median for lower middle income countries, which is 42.42 billion current LCU, 4.7× the median. (24 countries reporting)
- Guinea's 201.01 billion current LCU is above the median for Sub-Saharan Africa, which is 55.60 billion current LCU, 3.6× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Current budget balance, including grants 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 |
|---|---|---|---|
| 2010 | -3684.1% | -36.74 billion current LCU | -1.39 trillion current LCU |
| 1987 | +1912.5% | 800.01 million current LCU | 16.10 billion current LCU |
| 2005 | +744.5% | -46.49 billion current LCU | 299.60 billion current LCU |
| 2003 | -679.9% | 24.25 billion current LCU | -140.61 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 15.40 billion current LCU | 800.01 million current LCU | 34.80 billion current LCU | 4 |
| 1990s | 67.32 billion current LCU | 31.52 billion current LCU | 109.00 billion current LCU | 10 |
| 2000s | 154.54 billion current LCU | -140.61 billion current LCU | 635.98 billion current LCU | 10 |
| 2010s | -594.63 billion current LCU | -1.39 trillion current LCU | 201.01 billion current LCU | 2 |
Countries ranked near Guinea
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 current budget balance, including grants in Guinea?
- Current budget balance, including grants in Guinea was 201.01 billion current LCU in 2011, according to World Bank country economists.
- What is the highest current budget balance, including grants recorded in Guinea?
- The highest recorded value was 635.98 billion current LCU in 2008.
- What is the lowest current budget balance, including grants recorded in Guinea?
- The lowest recorded value was -1.39 trillion current LCU in 2010.
- How does Guinea rank for current budget balance, including grants?
- Guinea ranks 18th out of 51 countries with data for 2011.
- Is current budget balance, including grants rising or falling in Guinea?
- Over the last ten years it is up 739.0%. 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 Current budget balance, including grants (current LCU). Statizoid updates them automatically from the source API.
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About this data
The excess of current revenue over current expenditure. data are in current local currencies.