Wages and salaries in Guinea

Guinea: Wages and salaries was 1.76 trillion current LCU in 2011. ◆ Volatile

Latest (2011)
1.76 trillion current LCU
Change on year
up 13.7%
World rank
4th
of 51 countries
All-time high
1.76 trillion current LCU
in 2011
All-time low
18.20 billion current LCU
in 1986
Years of data
26
1986–2011

Wages and salaries in Guinea, 1986–2011

0500.0B1.0T1.5T2.0T1986199820111986: 18.2B current LCU1987: 21.3B current LCU1988: 45.5B current LCU1989: 60.7B current LCU1990: 78.5B current LCU1991: 102.9B current LCU1992: 132.1B current LCU1993: 140.3B current LCU1994: 145.5B current LCU1995: 154.9B current LCU1996: 173.4B current LCU1997: 171.7B current LCU1998: 181.2B current LCU1999: 194.7B current LCU2000: 206.2B current LCU2001: 215.1B current LCU2002: 236.9B current LCU2003: 258.6B current LCU2004: 274.8B current LCU2005: 332.5B current LCU2006: 444.4B current LCU2007: 607.2B current LCU2008: 860.4B current LCU2009: 1.1T current LCU2010: 1.6T current LCU2011: 1.8T current LCU

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 1 Mozambique 31.16 trillion current LCU compare
  2. 2 Zambia 7.40 trillion current LCU compare
  3. 3 Tanzania 2.35 trillion current LCU compare
  4. 5 Uganda 1.46 trillion current LCU compare
  5. 6 Madagascar 1.28 trillion current LCU compare
  6. 7 Angola 877.33 billion current LCU compare

See the full ranking of 51 places →

More science & technology data for Guinea

All data for Guinea →

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

Indicator
Wages and salaries (current LCU)
Unit
current LCU
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
51 places, 1,362 data points, 1966–2011
Last refreshed

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.