Primary balance, excluding interest in Guinea
Guinea: Primary balance, excluding interest was 269.97 billion current LCU in 2011. ◆ Volatile
Primary balance, excluding interest in Guinea, 1987–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
The most recent figure for primary balance, excluding interest in Guinea is 269.97 billion current LCU, measured in 2011.
Compared with earlier readings it is up 108.4% on the previous year and up 339.4% over ten years.
Over the whole period, primary balance, excluding interest in Guinea peaked at 558.07 billion current LCU in 2007 and was at its lowest, -3.22 trillion current LCU, in 2010.
Guinea ranks 8th of 50 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Primary balance, excluding interest in Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1987 | -46.70 billion current LCU | — |
| 1988 | -77.80 billion current LCU | +66.6% |
| 1989 | -53.70 billion current LCU | -31.0% |
| 1990 | -12.10 billion current LCU | -77.5% |
| 1991 | -132.08 billion current LCU | +991.6% |
| 1992 | -161.50 billion current LCU | +22.3% |
| 1993 | -186.49 billion current LCU | +15.5% |
| 1994 | -184.90 billion current LCU | -0.9% |
| 1995 | -192.84 billion current LCU | +4.3% |
| 1996 | -188.74 billion current LCU | -2.1% |
| 1997 | -176.11 billion current LCU | -6.7% |
| 1998 | -77.80 billion current LCU | -55.8% |
| 1999 | -181.70 billion current LCU | +133.5% |
| 2000 | -83.40 billion current LCU | -54.1% |
| 2001 | -112.79 billion current LCU | +35.2% |
| 2002 | -138.77 billion current LCU | +23.0% |
| 2003 | -245.67 billion current LCU | +77.0% |
| 2004 | -178.45 billion current LCU | -27.4% |
| 2005 | 200.16 billion current LCU | -212.2% |
| 2006 | 158.89 billion current LCU | -20.6% |
| 2007 | 558.07 billion current LCU | +251.2% |
| 2008 | 448.56 billion current LCU | -19.6% |
| 2009 | -1.08 trillion current LCU | -340.9% |
| 2010 | -3.22 trillion current LCU | +197.9% |
| 2011 | 269.97 billion current LCU | -108.4% |
Guinea compared with similar countries
- Guinea's 269.97 billion current LCU is above the median for lower middle income countries, which is -3.80 billion current LCU. (24 countries reporting)
- Guinea's 269.97 billion current LCU is above the median for Sub-Saharan Africa, which is -6.36 billion current LCU. (45 countries reporting)
Biggest year-on-year movements
Years where Primary balance, excluding interest in Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | -991.6% | -12.10 billion current LCU | -132.08 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -59.40 billion current LCU | -77.80 billion current LCU | -46.70 billion current LCU | 3 |
| 1990s | -149.43 billion current LCU | -192.84 billion current LCU | -12.10 billion current LCU | 10 |
| 2000s | -47.41 billion current LCU | -1.08 trillion current LCU | 558.07 billion current LCU | 10 |
| 2010s | -1.47 trillion current LCU | -3.22 trillion current LCU | 269.97 billion current LCU | 2 |
Countries ranked near Guinea
- 5 Algeria 790.20 billion current LCU compare
- 6 Gabon 466.26 billion current LCU compare
- 7 Cote d'Ivoire 309.50 billion current LCU compare
- 9 Guinea-Bissau 18.30 billion current LCU compare
- 10 Togo 16.13 billion current LCU compare
- 11 Central African Republic 6.70 billion 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 primary balance, excluding interest in Guinea?
- Primary balance, excluding interest in Guinea was 269.97 billion current LCU in 2011, according to World Bank country economists.
- What is the highest primary balance, excluding interest recorded in Guinea?
- The highest recorded value was 558.07 billion current LCU in 2007.
- What is the lowest primary balance, excluding interest recorded in Guinea?
- The lowest recorded value was -3.22 trillion current LCU in 2010.
- How does Guinea rank for primary balance, excluding interest?
- Guinea ranks 8th out of 50 countries with data for 2011.
- Is primary balance, excluding interest rising or falling in Guinea?
- Over the last ten years it is up 339.4%. 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 Primary balance, excluding interest (current LCU). Statizoid updates them automatically from the source API.
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About this data
Primary deficit, excluding interest (current LCU).