Overall surplus/deficit, excluding current grants in Guinea
Guinea: Overall surplus/deficit, excluding current grants was -422.76 billion current LCU in 2011. ◆ Volatile
Overall surplus/deficit, excluding current grants in Guinea, 1986–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
In 2011, overall surplus/deficit, excluding current grants in Guinea stood at -422.76 billion current LCU.
Compared with earlier readings it is up 88.8% on the previous year and down 72.1% over ten years.
Over the whole period, overall surplus/deficit, excluding current grants in Guinea peaked at 53.97 billion current LCU in 2007 and was at its lowest, -3.79 trillion current LCU, in 2010.
Guinea ranks 42nd of 50 countries on this measure, 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 | -402.82 billion current LCU | -1.58 trillion current LCU | 53.97 billion current LCU | 10 |
| 2010s | -2.11 trillion current LCU | -3.79 trillion current LCU | -422.76 billion current LCU | 2 |
Countries ranked near Guinea
- 39 Chad -294.10 billion current LCU compare
- 40 Burkina Faso -373.88 billion current LCU compare
- 41 Cote d'Ivoire -402.20 billion current LCU compare
- 43 Rwanda -469.55 billion current LCU compare
- 44 Senegal -636.10 billion current LCU compare
- 45 Sao Tome and Principe -641.46 billion 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 surplus/deficit, excluding current grants in Guinea?
- Overall surplus/deficit, excluding current grants in Guinea was -422.76 billion current LCU in 2011, according to World Bank country economists.
- What is the highest overall surplus/deficit, excluding current grants recorded in Guinea?
- The highest recorded value was 53.97 billion current LCU in 2007.
- What is the lowest overall surplus/deficit, excluding current grants recorded in Guinea?
- The lowest recorded value was -3.79 trillion current LCU in 2010.
- How does Guinea rank for overall surplus/deficit, excluding current grants?
- Guinea ranks 42nd out of 50 countries with data for 2011.
- Is overall surplus/deficit, excluding current grants rising or falling in Guinea?
- Over the last ten years it is down 72.1%. 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 current grants (current LCU). Statizoid updates them automatically from the source API.
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About this data
Overall budget surplus/deficit (excluding current grants) is current and capital revenue excluding current grants, less total expenditure and lending minus repayments. Data are shown for central government only, and are in current local currency.