Government consumption in Guinea
Guinea: Government consumption was 3.58 trillion current LCU in 2011. ◆ Volatile
Government consumption in Guinea, 1986–2011
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.
Government consumption in Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1986 | 62.80 billion current LCU | — |
| 1987 | 82.80 billion current LCU | +31.8% |
| 1988 | 95.60 billion current LCU | +15.5% |
| 1989 | 128.20 billion current LCU | +34.1% |
| 1990 | 165.19 billion current LCU | +28.9% |
| 1991 | 199.14 billion current LCU | +20.6% |
| 1992 | 221.53 billion current LCU | +11.2% |
| 1993 | 220.90 billion current LCU | -0.3% |
| 1994 | 222.00 billion current LCU | +0.5% |
| 1995 | 228.02 billion current LCU | +2.7% |
| 1996 | 248.40 billion current LCU | +8.9% |
| 1997 | 255.60 billion current LCU | +2.9% |
| 1998 | 270.60 billion current LCU | +5.9% |
| 1999 | 284.30 billion current LCU | +5.1% |
| 2000 | 316.60 billion current LCU | +11.4% |
| 2001 | 348.96 billion current LCU | +10.2% |
| 2002 | 446.80 billion current LCU | +28.0% |
| 2003 | 523.14 billion current LCU | +17.1% |
| 2004 | 530.53 billion current LCU | +1.4% |
| 2005 | 728.59 billion current LCU | +37.3% |
| 2006 | 1.25 trillion current LCU | +72.1% |
| 2007 | 1.17 trillion current LCU | -7.0% |
| 2008 | 1.85 trillion current LCU | +58.6% |
| 2009 | 2.47 trillion current LCU | +33.6% |
| 2010 | 4.10 trillion current LCU | +65.9% |
| 2011 | 3.58 trillion current LCU | -12.7% |
Guinea compared with similar countries
- Guinea's 3.58 trillion current LCU is above the median for lower middle income countries, which is 195.66 billion current LCU, 18.3× the median. (24 countries reporting)
- Guinea's 3.58 trillion current LCU is above the median for Sub-Saharan Africa, which is 144.70 billion current LCU, 24.7× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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 Mozambique 45.61 trillion current LCU compare
- 2 Zambia 12.35 trillion current LCU compare
- 3 Uganda 3.60 trillion current LCU compare
- 5 Cote d'Ivoire 1.62 trillion current LCU compare
- 6 Madagascar 1.53 trillion current LCU compare
- 7 Angola 1.14 trillion 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 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.
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About this data
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.