Guinea GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$1,694.95

Source: world bank Nominal/PPP
Summary:

Guinea GDP Per Capita expanded from 1970 to 2024, increasing from $752.82 to $1,694.95 .The compound annual growth rate (CAGR) averaged 1.51% over the period. The economy recorded its peak level in 1985 and its lowest level in 2006. Growth volatility remained high. The maximum drawdown reached 89%, indicating the largest cyclical decline from peak levels. The country experienced 8 recession episode(s) during the observed period.

Latest GDP Per Capita of Guinea 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 1,694.95 dollars$ 4,565.30 Int dollars
Growth (YoY)8.966%5.343%
Net Change vs Previous Year$ 139.46 dollars$ 231.55 Int dollars
% of World GDP Per Capita1.53%2.29%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Guinea GDP | Guinea GDP Growth

Guinea Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960------
1961------
1962------
1963------
1964------
1965------
1966------
1967------
1968------
1969------
1970752.82-----
1971825.2972.479.626 %---
1972948.5123.2114.929 %---
19731143.3194.820.538 %---
19741242.5399.238.679 %---
19751311.3368.85.537 %---
19761430.66119.339.1 %---
19771440.169.490.664 %---
19781657.96217.8115.124 %---
19791790132.037.963 %---
19801930.991417.877 %---
19811875.54-55.45-2.872 %---
19822272.63397.0921.172 %---
19832822.84550.2124.21 %---
19843361.53538.6919.083 %---
19854061.7700.1720.829 %---
1986505.88-3555.82-87.545 %---
1987504.51-1.37-0.27 %---
198857469.4913.774 %---
1989570.49-3.51-0.611 %---
1990604.333.815.927 %870.74--
1991656.4252.128.625 %887.4716.731.921 %
1992692.6536.225.518 %907.9420.472.306 %
1993670.74-21.91-3.163 %947.0639.124.309 %
1994671.580.830.124 %975.9828.923.054 %
1995713.0341.466.173 %1013.6337.653.858 %
1996726.0312.991.822 %1048.1634.533.406 %
1997695.58-30.44-4.193 %1098.6750.514.819 %
1998647.38-48.2-6.93 %1130.0431.372.856 %
1999610.61-36.77-5.679 %1163.3633.322.948 %
2000518.16-92.46-15.142 %1195.8132.452.789 %
2001483.09-35.07-6.769 %1250.9755.164.613 %
2002495.9212.832.656 %1315.3764.45.148 %
2003566.4970.5714.23 %1327.9712.60.958 %
2004584.918.413.25 %1366.0338.062.866 %
2005463.18-121.72-20.81 %1422.3556.324.123 %
2006446.98-16.2-3.497 %1452.9630.612.152 %
2007650.15203.1745.453 %1557.59104.637.201 %
2008703.5353.388.211 %1613.756.113.603 %
2009662.19-41.35-5.877 %1566.7-47-2.912 %
2010659.24-2.95-0.446 %1621.6954.993.51 %
2011636.69-22.54-3.419 %1705.2783.585.154 %
2012699.3562.669.841 %1789.9784.74.967 %
2013748.4649.17.021 %184252.032.907 %
2014765.1516.692.23 %1873.2131.211.694 %
2015747.36-17.79-2.325 %1929.6856.473.014 %
2016712-35.36-4.731 %2255.33325.6516.876 %
2017833.6121.617.079 %2687.1431.7719.144 %
2018933.2799.6711.957 %2844.46157.375.856 %
20191031.3498.0710.508 %3105.83261.369.189 %
20201053.6622.322.164 %3331.86226.037.278 %
20211244.97191.318.156 %3738.81406.9512.214 %
20221416.6171.6313.786 %4062.36323.568.654 %
20231555.49138.99.805 %4333.75271.386.68 %
20241694.95139.468.966 %4565.3231.555.343 %

Guinea Economic Phases (1970 - 2024)

From 1970 to 2024, Guinea economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1971–1976) indicating robust economic expansion
  • High Growth (1978–1980) indicating robust economic expansion
  • High Growth (1982–1985) indicating robust economic expansion
  • High Growth (1990–1992) indicating robust economic expansion
  • Contraction (1997–1999) indicating temporary slowdown
  • High Growth (2007–2008) indicating robust economic expansion
  • Contraction (2009–2011) indicating temporary slowdown
  • High Growth (2012–2013) indicating robust economic expansion
  • Contraction (2015–2016) indicating temporary slowdown
  • High Growth (2017–2019) indicating robust economic expansion
  • High Growth (2021–2024) indicating robust economic expansion

The most remarkable growth occurred in 2007 with an increase of 45.453%, while the largest decline was in 1986 at -87.545%.