Wages and salaries in Guinea
Guinea: Wages and salaries was 1.76 trillion current LCU in 2011. ◆ Volatile
Wages and salaries in Guinea, 1986–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
Guinea recorded 1.76 trillion current LCU for wages and salaries in 2011. That is the highest value across all 26 years on record.
That represents a change of up 13.7% on the previous year and up 720.4% over ten years.
Over the whole period, wages and salaries in Guinea peaked at 1.76 trillion current LCU in 2011 and was at its lowest, 18.20 billion current LCU, in 1986.
Guinea ranks 4th of 51 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Wages and salaries in Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1986 | 18.20 billion current LCU | — |
| 1987 | 21.30 billion current LCU | +17.0% |
| 1988 | 45.50 billion current LCU | +113.6% |
| 1989 | 60.70 billion current LCU | +33.4% |
| 1990 | 78.46 billion current LCU | +29.3% |
| 1991 | 102.92 billion current LCU | +31.2% |
| 1992 | 132.12 billion current LCU | +28.4% |
| 1993 | 140.31 billion current LCU | +6.2% |
| 1994 | 145.50 billion current LCU | +3.7% |
| 1995 | 154.90 billion current LCU | +6.5% |
| 1996 | 173.40 billion current LCU | +11.9% |
| 1997 | 171.70 billion current LCU | -1.0% |
| 1998 | 181.20 billion current LCU | +5.5% |
| 1999 | 194.70 billion current LCU | +7.5% |
| 2000 | 206.20 billion current LCU | +5.9% |
| 2001 | 215.06 billion current LCU | +4.3% |
| 2002 | 236.90 billion current LCU | +10.2% |
| 2003 | 258.61 billion current LCU | +9.2% |
| 2004 | 274.80 billion current LCU | +6.3% |
| 2005 | 332.51 billion current LCU | +21.0% |
| 2006 | 444.42 billion current LCU | +33.7% |
| 2007 | 607.21 billion current LCU | +36.6% |
| 2008 | 860.41 billion current LCU | +41.7% |
| 2009 | 1.11 trillion current LCU | +28.9% |
| 2010 | 1.55 trillion current LCU | +39.8% |
| 2011 | 1.76 trillion current LCU | +13.7% |
Guinea compared with similar countries
- Guinea's 1.76 trillion current LCU is above the median for lower middle income countries, which is 142.24 billion current LCU, 12.4× the median. (24 countries reporting)
- Guinea's 1.76 trillion current LCU is above the median for Sub-Saharan Africa, which is 82.80 billion current LCU, 21.3× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Wages and salaries 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 |
|---|---|---|---|
| 1988 | +113.6% | 21.30 billion current LCU | 45.50 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 36.42 billion current LCU | 18.20 billion current LCU | 60.70 billion current LCU | 4 |
| 1990s | 147.52 billion current LCU | 78.46 billion current LCU | 194.70 billion current LCU | 10 |
| 2000s | 454.53 billion current LCU | 206.20 billion current LCU | 1.11 trillion current LCU | 10 |
| 2010s | 1.66 trillion current LCU | 1.55 trillion current LCU | 1.76 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 wages and salaries in Guinea?
- Wages and salaries in Guinea was 1.76 trillion current LCU in 2011, according to World Bank country economists.
- What is the highest wages and salaries recorded in Guinea?
- The highest recorded value was 1.76 trillion current LCU in 2011.
- What is the lowest wages and salaries recorded in Guinea?
- The lowest recorded value was 18.20 billion current LCU in 1986.
- How does Guinea rank for wages and salaries?
- Guinea ranks 4th out of 51 countries with data for 2011.
- Is wages and salaries rising or falling in Guinea?
- Over the last ten years it is up 720.4%. 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 Wages and salaries (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
Wages and salaries consist of all payments in cash, but not in kind, to employees in return for services rendered, before deduction of withholding taxes and employees contributions to social security and pension funds. Data are shown for central government only. Data are in current local currency.