Taxes on goods and services, GB (current LCU) in Guinea
Guinea: Taxes on goods and services, GB (current LCU) was 1.90 trillion current LCU in 2011. ◆ Volatile
Taxes on goods and services, GB in Guinea, 1986–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
In 2011, taxes on goods and services, gb in Guinea stood at 1.90 trillion current LCU. That is the highest value across all 26 years on record.
The figure is up 24.7% on the previous year and up 666.1% over ten years.
Over the whole period, taxes on goods and services, gb in Guinea peaked at 1.90 trillion current LCU in 2011 and was at its lowest, 4.00 billion current LCU, in 1986.
That places Guinea 4th out of 50 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.
Taxes on goods and services, GB (current LCU) in Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1986 | 4.00 billion current LCU | — |
| 1987 | 10.40 billion current LCU | +160.0% |
| 1988 | 23.40 billion current LCU | +125.0% |
| 1989 | 38.00 billion current LCU | +62.4% |
| 1990 | 41.68 billion current LCU | +9.7% |
| 1991 | 68.37 billion current LCU | +64.0% |
| 1992 | 101.31 billion current LCU | +48.2% |
| 1993 | 114.50 billion current LCU | +13.0% |
| 1994 | 136.50 billion current LCU | +19.2% |
| 1995 | 171.02 billion current LCU | +25.3% |
| 1996 | 166.20 billion current LCU | -2.8% |
| 1997 | 200.60 billion current LCU | +20.7% |
| 1998 | 217.40 billion current LCU | +8.4% |
| 1999 | 228.60 billion current LCU | +5.2% |
| 2000 | 216.80 billion current LCU | -5.2% |
| 2001 | 248.48 billion current LCU | +14.6% |
| 2002 | 313.24 billion current LCU | +26.1% |
| 2003 | 347.87 billion current LCU | +11.1% |
| 2004 | 402.81 billion current LCU | +15.8% |
| 2005 | 554.43 billion current LCU | +37.6% |
| 2006 | 620.30 billion current LCU | +11.9% |
| 2007 | 875.27 billion current LCU | +41.1% |
| 2008 | 1.24 trillion current LCU | +42.1% |
| 2009 | 1.29 trillion current LCU | +3.8% |
| 2010 | 1.53 trillion current LCU | +18.2% |
| 2011 | 1.90 trillion current LCU | +24.7% |
Guinea compared with similar countries
- Guinea's 1.90 trillion current LCU is above the median for Sub-Saharan Africa, which is 56.94 billion current LCU, 33.4× the median. (46 countries reporting)
- Guinea's 1.90 trillion current LCU is above the median for lower middle income countries, which is 94.25 billion current LCU, 20.2× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Taxes on goods and services, GB (current LCU) 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 |
|---|---|---|---|
| 1987 | +160.0% | 4.00 billion current LCU | 10.40 billion current LCU |
| 1988 | +125.0% | 10.40 billion current LCU | 23.40 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 18.95 billion current LCU | 4.00 billion current LCU | 38.00 billion current LCU | 4 |
| 1990s | 144.62 billion current LCU | 41.68 billion current LCU | 228.60 billion current LCU | 10 |
| 2000s | 611.52 billion current LCU | 216.80 billion current LCU | 1.29 trillion current LCU | 10 |
| 2010s | 1.72 trillion current LCU | 1.53 trillion current LCU | 1.90 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 taxes on goods and services, gb in Guinea?
- Taxes on goods and services, gb in Guinea was 1.90 trillion current LCU in 2011, according to World Bank country economists.
- What is the highest taxes on goods and services, gb recorded in Guinea?
- The highest recorded value was 1.90 trillion current LCU in 2011.
- What is the lowest taxes on goods and services, gb recorded in Guinea?
- The lowest recorded value was 4.00 billion current LCU in 1986.
- How does Guinea rank for taxes on goods and services, gb?
- Guinea ranks 4th out of 50 countries with data for 2011.
- Is taxes on goods and services, gb rising or falling in Guinea?
- Over the last ten years it is up 666.1%. 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 Taxes on goods and services, GB (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
Taxes on goods and services include all taxes and duties levied by central governments on the production, extraction, sale, transfer, leasing, or delivery of goods and rendering of services, or on the use of goods or permission to use goods or perform activities. These include general sales taxes, turnover or value added taxes, excise taxes, and motor vehicle taxes. Data are shown for central government only and are in current local currency.