Guinea GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$25.01

Source: world bank Nominal/PPP
Summary:

Guinea GDP Per Capita expanded from 1970 to 2024, increasing from $3.22 to $25.01 .The compound annual growth rate (CAGR) averaged 3.87% over the period. The economy recorded its peak level in 2024 and its lowest level in 1986. Growth volatility remained high. The maximum drawdown reached 87.23%, 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$)
Latest Year20242024
Latest GDP Per Capita$ 25.01 dollars$ 67.36 Int dollars
Growth (YoY)11.608%7.898%
Net Change vs Previous Year$ 2.60 dollars$ 4.93 Int dollars
% of World GDP Per Capita0.02%0.03%
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------
19703.22-----
19713.590.3711.617 %---
19724.20.6116.937 %---
19735.150.9522.579 %---
19745.690.5410.468 %---
19756.10.417.228 %---
19766.760.6610.815 %---
19776.910.152.242 %---
19788.091.1716.964 %---
19798.880.799.766 %---
19809.750.879.794 %---
19819.65-0.1-1.027 %---
198211.932.2823.631 %---
198315.133.226.864 %---
198418.423.2921.756 %---
198522.794.3723.701 %---
19862.91-19.88-87.234 %---
19872.980.072.323 %---
19883.480.516.789 %---
19893.550.072.002 %---
19903.890.349.651 %5.6--
19914.40.5113.061 %5.940.346.084 %
19924.790.398.941 %6.280.335.624 %
19934.78-0.01-0.168 %6.750.477.534 %
19944.930.153.171 %7.170.426.19 %
19955.390.459.181 %7.660.496.801 %
19965.640.264.745 %8.140.496.374 %
19975.52-0.12-2.204 %8.710.576.995 %
19985.23-0.28-5.162 %9.130.424.809 %
19995.05-0.19-3.542 %9.620.485.281 %
20004.37-0.68-13.461 %10.080.464.825 %
20014.13-0.24-5.539 %10.680.65.992 %
20024.30.184.268 %11.410.736.799 %
20035.030.7216.821 %11.780.373.248 %
20045.30.285.484 %12.380.65.092 %
20054.28-1.02-19.21 %13.150.776.227 %
20064.22-0.06-1.458 %13.720.574.31 %
20076.282.0648.86 %15.051.339.711 %
20086.960.6810.861 %15.970.926.139 %
20096.72-0.25-3.551 %15.89-0.08-0.513 %
20106.850.142.033 %16.860.976.087 %
20116.79-0.07-0.997 %18.171.317.791 %
20127.640.8512.57 %19.551.387.575 %
20138.380.749.67 %20.621.075.453 %
20148.780.44.797 %21.490.884.248 %
20158.790.020.179 %22.711.225.656 %
20168.6-0.2-2.254 %27.234.5219.915 %
201710.321.7320.111 %33.286.0522.23 %
201811.861.5314.842 %36.142.868.584 %
201913.441.5913.375 %40.484.3412.021 %
202014.090.654.804 %44.554.0710.05 %
202117.072.9821.155 %51.266.7115.062 %
202219.912.8416.646 %57.15.8411.385 %
202322.412.512.542 %62.435.339.34 %
202425.012.611.608 %67.364.937.898 %

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 (2003–2004) indicating robust economic expansion
  • High Growth (2007–2008) indicating robust economic expansion
  • High Growth (2012–2013) indicating robust economic expansion
  • Expansion (2014–2015) indicating steady moderate growth
  • 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 48.86%, while the largest decline was in 1986 at -87.234%.