Indirect taxes less subsidies in Guinea
Guinea: Indirect taxes less subsidies was 2.88 trillion current LCU in 2011. ◆ Volatile
Indirect taxes less subsidies in Guinea, 1986–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
Guinea recorded 2.88 trillion current LCU for indirect taxes less subsidies in 2011. That is the highest value across all 26 years on record.
The figure is up 30.3% on the previous year and up 694.9% over ten years.
Over the whole period, indirect taxes less subsidies in Guinea peaked at 2.88 trillion current LCU in 2011 and was at its lowest, 84.50 billion current LCU, in 1986.
That places Guinea 5th 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.
Indirect taxes less subsidies in Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1986 | 84.50 billion current LCU | — |
| 1987 | 126.10 billion current LCU | +49.2% |
| 1988 | 145.80 billion current LCU | +15.6% |
| 1989 | 202.90 billion current LCU | +39.2% |
| 1990 | 264.92 billion current LCU | +30.6% |
| 1991 | 296.53 billion current LCU | +11.9% |
| 1992 | 310.30 billion current LCU | +4.6% |
| 1993 | 303.27 billion current LCU | -2.3% |
| 1994 | 288.80 billion current LCU | -4.8% |
| 1995 | 339.68 billion current LCU | +17.6% |
| 1996 | 329.28 billion current LCU | -3.1% |
| 1997 | 397.60 billion current LCU | +20.7% |
| 1998 | 415.70 billion current LCU | +4.6% |
| 1999 | 426.70 billion current LCU | +2.6% |
| 2000 | 335.90 billion current LCU | -21.3% |
| 2001 | 362.47 billion current LCU | +7.9% |
| 2002 | 452.36 billion current LCU | +24.8% |
| 2003 | 496.98 billion current LCU | +9.9% |
| 2004 | 584.73 billion current LCU | +17.7% |
| 2005 | 872.13 billion current LCU | +49.2% |
| 2006 | 1.06 trillion current LCU | +21.2% |
| 2007 | 1.35 trillion current LCU | +27.6% |
| 2008 | 1.81 trillion current LCU | +34.6% |
| 2009 | 1.90 trillion current LCU | +4.9% |
| 2010 | 2.21 trillion current LCU | +16.3% |
| 2011 | 2.88 trillion current LCU | +30.3% |
Guinea compared with similar countries
- Guinea's 2.88 trillion current LCU is above the median for lower middle income countries, which is 222.96 billion current LCU, 12.9× the median. (24 countries reporting)
- Guinea's 2.88 trillion current LCU is above the median for Sub-Saharan Africa, which is 128.54 billion current LCU, 22.4× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 139.82 billion current LCU | 84.50 billion current LCU | 202.90 billion current LCU | 4 |
| 1990s | 337.28 billion current LCU | 264.92 billion current LCU | 426.70 billion current LCU | 10 |
| 2000s | 922.49 billion current LCU | 335.90 billion current LCU | 1.90 trillion current LCU | 10 |
| 2010s | 2.55 trillion current LCU | 2.21 trillion current LCU | 2.88 trillion 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 indirect taxes less subsidies in Guinea?
- Indirect taxes less subsidies in Guinea was 2.88 trillion current LCU in 2011, according to World Bank country economists.
- What is the highest indirect taxes less subsidies recorded in Guinea?
- The highest recorded value was 2.88 trillion current LCU in 2011.
- What is the lowest indirect taxes less subsidies recorded in Guinea?
- The lowest recorded value was 84.50 billion current LCU in 1986.
- How does Guinea rank for indirect taxes less subsidies?
- Guinea ranks 5th out of 51 countries with data for 2011.
- Is indirect taxes less subsidies rising or falling in Guinea?
- Over the last ten years it is up 694.9%. 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 Indirect taxes less subsidies (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
Indirect taxes are the sum of indirect taxes less subsidies. Indirect taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. Data are in current local currency.