Government consumption in Guinea

Guinea: Government consumption was 3.58 trillion current LCU in 2011. ◆ Volatile

Latest (2011)
3.58 trillion current LCU
Change on year
down 12.7%
World rank
4th
of 51 countries
All-time high
4.10 trillion current LCU
in 2010
All-time low
62.80 billion current LCU
in 1986
Years of data
26
1986–2011

Government consumption in Guinea, 1986–2011

01.0T2.0T3.0T4.0T1986199820111986: 62.8B current LCU1987: 82.8B current LCU1988: 95.6B current LCU1989: 128.2B current LCU1990: 165.2B current LCU1991: 199.1B current LCU1992: 221.5B current LCU1993: 220.9B current LCU1994: 222.0B current LCU1995: 228.0B current LCU1996: 248.4B current LCU1997: 255.6B current LCU1998: 270.6B current LCU1999: 284.3B current LCU2000: 316.6B current LCU2001: 349.0B current LCU2002: 446.8B current LCU2003: 523.1B current LCU2004: 530.5B current LCU2005: 728.6B current LCU2006: 1.3T current LCU2007: 1.2T current LCU2008: 1.8T current LCU2009: 2.5T current LCU2010: 4.1T current LCU2011: 3.6T current LCU

Source: World Bank country economists. Measured in current LCU.

Analysis

In 2011, government consumption in Guinea stood at 3.58 trillion current LCU.

Compared with earlier readings it is down 12.7% on the previous year and up 925.5% over ten years.

Over the whole period, government consumption in Guinea peaked at 4.10 trillion current LCU in 2010 and was at its lowest, 62.80 billion current LCU, in 1986.

Guinea ranks 4th of 51 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

DecadeAverage LowestHighest Years
1980s 92.35 billion current LCU 62.80 billion current LCU 128.20 billion current LCU 4
1990s 231.57 billion current LCU 165.19 billion current LCU 284.30 billion current LCU 10
2000s 963.31 billion current LCU 316.60 billion current LCU 2.47 trillion current LCU 10
2010s 3.84 trillion current LCU 3.58 trillion current LCU 4.10 trillion current LCU 2

Countries ranked near Guinea

  1. 1 Mozambique 45.61 trillion current LCU compare
  2. 2 Zambia 12.35 trillion current LCU compare
  3. 3 Uganda 3.60 trillion current LCU compare
  4. 5 Cote d'Ivoire 1.62 trillion current LCU compare
  5. 6 Madagascar 1.53 trillion current LCU compare
  6. 7 Angola 1.14 trillion current LCU compare

See the full ranking of 51 places →

More science & technology data for Guinea

All data for Guinea →

Frequently asked questions

What is government consumption in Guinea?
Government consumption in Guinea was 3.58 trillion current LCU in 2011, according to World Bank country economists.
What is the highest government consumption recorded in Guinea?
The highest recorded value was 4.10 trillion current LCU in 2010.
What is the lowest government consumption recorded in Guinea?
The lowest recorded value was 62.80 billion current LCU in 1986.
How does Guinea rank for government consumption?
Guinea ranks 4th out of 51 countries with data for 2011.
Is government consumption rising or falling in Guinea?
Over the last ten years it is up 925.5%. 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 Government consumption (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Government consumption (current LCU)
Unit
current LCU
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
51 places, 1,368 data points, 1966–2011
Last refreshed

Current expenditure on goods and services comprises payments of wages and salaries in cash to employees (including the armed forces) before deduction of withholding taxes and employees' contributions to social security and pension funds, as well as employers' contributions to superannuation schemes outside government, and other purchases of goods and services (wages and salaries in kind, office supplies and maintenance charges etc.). Data are in current local currency.