Overall surplus/deficit, excluding all grants in Guinea

Guinea: Overall surplus/deficit, excluding all grants was -427.50 billion current LCU in 2011. ◆ Volatile

Latest (2011)
-427.50 billion current LCU
Change on year
down 70.3%
World rank
27th
of 35 countries
All-time high
330.30 billion current LCU
in 2007
All-time low
-650.50 billion current LCU
in 2006
Years of data
17
1995–2011

Overall surplus/deficit, excluding all grants in Guinea, 1995–2011

-600.0B-400.0B-200.0B0200.0B400.0B1995200320111995: -245.4B current LCU1996: -240.8B current LCU1997: -243.5B current LCU1998: -141.9B current LCU1999: -256.2B current LCU2000: -106.5B current LCU2001: -519.5B current LCU2002: -375.4B current LCU2003: -638.1B current LCU2004: -528.1B current LCU2005: -251.4B current LCU2006: -650.5B current LCU2007: 330.3B current LCU2008: -347.9B current LCU2009: -130.9B current LCU2010: -251.1B current LCU2011: -427.5B current LCU

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

Analysis

The most recent figure for overall surplus/deficit, excluding all grants in Guinea is -427.50 billion current LCU, measured in 2011.

The figure is down 70.3% on the previous year and up 17.7% over ten years.

Over the whole period, overall surplus/deficit, excluding all grants in Guinea peaked at 330.30 billion current LCU in 2007 and was at its lowest, -650.50 billion current LCU, in 2006.

That places Guinea 27th out of 35 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

DecadeAverage LowestHighest Years
1990s -225.55 billion current LCU -256.20 billion current LCU -141.90 billion current LCU 5
2000s -321.80 billion current LCU -650.50 billion current LCU 330.30 billion current LCU 10
2010s -339.30 billion current LCU -427.50 billion current LCU -251.10 billion current LCU 2

Countries ranked near Guinea

  1. 24 Egypt -248.63 billion current LCU compare
  2. 25 Sierra Leone -334.50 billion current LCU compare
  3. 26 Cote d'Ivoire -402.20 billion current LCU compare
  4. 28 Rwanda -469.55 billion current LCU compare
  5. 29 Burkina Faso -554.45 billion current LCU compare
  6. 30 Sao Tome and Principe -1.36 trillion current LCU compare

See the full ranking of 35 places →

More science & technology data for Guinea

All data for Guinea →

Frequently asked questions

What is overall surplus/deficit, excluding all grants in Guinea?
Overall surplus/deficit, excluding all grants in Guinea was -427.50 billion current LCU in 2011, according to World Bank country economists.
What is the highest overall surplus/deficit, excluding all grants recorded in Guinea?
The highest recorded value was 330.30 billion current LCU in 2007.
What is the lowest overall surplus/deficit, excluding all grants recorded in Guinea?
The lowest recorded value was -650.50 billion current LCU in 2006.
How does Guinea rank for overall surplus/deficit, excluding all grants?
Guinea ranks 27th out of 35 countries with data for 2011.
Is overall surplus/deficit, excluding all grants rising or falling in Guinea?
Over the last ten years it is up 17.7%. 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 surplus/deficit, excluding all grants (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Overall surplus/deficit, excluding all grants (current LCU)
Unit
current LCU
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
35 places, 881 data points, 1966–2011
Last refreshed

Overall budget deficit is current and capital revenue excluding current grants less total expenditure and lending minus repayments. Values are in current local currencies.