Overall budget balance, including grants in Guinea
Guinea: Overall budget balance, including grants was -393.66 billion current LCU in 2011. ◆ Volatile
Overall budget balance, including grants in Guinea, 1986–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
The most recent figure for overall budget balance, including grants in Guinea is -393.66 billion current LCU, measured in 2011.
That represents a change of up 89.5% on the previous year and down 94.5% over ten years.
Over the whole period, overall budget balance, including grants in Guinea peaked at 144.97 billion current LCU in 2007 and was at its lowest, -3.77 trillion current LCU, in 2010.
That places Guinea 43rd out of 51 countries with data for 2011, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -81.17 billion current LCU | -113.60 billion current LCU | -52.70 billion current LCU | 4 |
| 1990s | -204.84 billion current LCU | -256.20 billion current LCU | -59.71 billion current LCU | 10 |
| 2000s | -342.59 billion current LCU | -1.54 trillion current LCU | 144.97 billion current LCU | 10 |
| 2010s | -2.08 trillion current LCU | -3.77 trillion current LCU | -393.66 billion current LCU | 2 |
Countries ranked near Guinea
- 40 Chad -206.80 billion current LCU compare
- 41 Sierra Leone -327.14 billion current LCU compare
- 42 Cote d'Ivoire -349.70 billion current LCU compare
- 44 Sao Tome and Principe -558.90 billion current LCU compare
- 45 Senegal -599.10 billion current LCU compare
- 46 Democratic Republic of Congo -1.03 trillion current LCU compare
More science & technology data for Guinea
- Scientific and technical journal articles 54.9 (2023)
- Mobile phone subscriptions 14.10 million (2023)
- Mobile phone subscriptions per 100 people 97.88 per 100 people (2023)
- Mobile and landline phone subscriptions per 100 people 97.88 per 100 people (2023)
- Share of the population using the Internet 33.3% (2024)
- Number of people using the Internet 3.92 million users (2021)
- Landline Internet subscriptions per 100 people 0.0063 per 100 people (2022)
- Landline Internet subscriptions 882 (2022)
- Landline Internet subscriptions per 100 people, by download speed 0.01 per 100 population (2022)
- Net official development assistance to medical research and basic health sectors 79.78 million millions of constant united states dollars (2023)
Frequently asked questions
- What is overall budget balance, including grants in Guinea?
- Overall budget balance, including grants in Guinea was -393.66 billion current LCU in 2011, according to World Bank country economists.
- What is the highest overall budget balance, including grants recorded in Guinea?
- The highest recorded value was 144.97 billion current LCU in 2007.
- What is the lowest overall budget balance, including grants recorded in Guinea?
- The lowest recorded value was -3.77 trillion current LCU in 2010.
- How does Guinea rank for overall budget balance, including grants?
- Guinea ranks 43rd out of 51 countries with data for 2011.
- Is overall budget balance, including grants rising or falling in Guinea?
- Over the last ten years it is down 94.5%. 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 Overall budget balance, including grants (current LCU). Statizoid updates them automatically from the source API.
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About this data
Overall budget deficit is current and capital revenue and official grants received, less total expenditure and lending minus repayments. Data are shown for central government only, and are in current local currency.