Guinea's adjusted savings, education expenditure (current US$) was US$339.95 million in 2021, the latest year in the World Bank's World Development Indicators. That is up 57.74% from US$215.52 million in 2011 (4.66% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$339.95 million | 2021 |
| Five years earlier | US$191.76 million | 2016 |
| Ten years earlier | US$215.52 million | 2011 |
| Highest | US$339.95 million | 2021 |
| Lowest | US$25.73 million | 1986 |
| Average since 2012 | US$235.95 million | 2012–2021 |
| First recorded | US$25.73 million |
What the numbers say
In 2021, Guinea's adjusted savings, education expenditure (current US$) rose 10.5% on 2020 (from US$307.54 million to US$339.95 million).
Across the 30 yearly changes before that (1991 to 2020), the average change was +10.8% and a typical year strayed about 40.2% from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 205.7% in 2009 and the biggest yearly fall was 30.7% in 2005. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 the straight-line trend is upward, about US$13.45 million a year. A straight line explains 60% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2021, Guinea had the 132nd highest value of the 179 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Guinea in the 2021 ranking
- Afghanistan — 129th of 179: US$386.86 million
- Tajikistan — 130th of 179: US$381.21 million
- Armenia — 131st of 179: US$366.37 million
- Congo, Rep. — 133rd of 179: US$322.12 million
- Eswatini — 134th of 179: US$307.55 million
- Georgia — 135th of 179: US$307.29 million
What this measures
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 36 values
| Year | Adjusted savings, education expenditure (current US$) |
|---|---|
| 2021 | 339,954,493 |
| 2020 | 307,540,353 |
| 2019 | 243,430,986 |
| 2018 | 247,748,979 |
| 2017 | 210,038,417 |
| 2016 | 191,764,254 |
| 2015 | 194,077,341 |
| 2014 | 186,341,828 |
| 2013 | 244,723,633 |
| 2012 | 193,914,484 |
Adjusted savings, education expenditure (current US$) in nearby economies
- Angola — US$2.22 billion (2021)
- Benin — US$516.23 million (2021)
- Botswana — US$1.58 billion (2021)
- Burkina Faso — US$806.74 million (2021)
- Burundi — US$144.29 million (2021)
- Cabo Verde — US$98.98 million (2021)
- Cameroon — US$1.19 billion (2021)
- Central African Republic — US$30.91 million (2021)
- Chad — US$200.95 million (2021)
More economic policy & debt data for Guinea
- Grants, excluding technical cooperation (BoP, current US$) — US$393.69 million (2023)
- Technical cooperation grants (BoP, current US$) — US$42.92 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$278.62 million (2023)
- Net official development assistance and official aid received (current US$) — US$531.75 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$531.75 million (2023)
- Net official development assistance received (current US$) — US$531.75 million (2023)
- Net official development assistance received (constant 2023 US$) — US$531.75 million (2023)
- Net ODA received per capita (current US$)
Reading data like this
Questions people ask
- What is Guinea's adjusted savings, education expenditure (current US$)?
- US$339.95 million in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1986?
- It is up 1,221% from US$25.73 million in 1986 (7.65% a year on average, compounded). The highest value was US$339.95 million in 2021 and the lowest US$25.73 million in 1986.
- How does Guinea rank?
- 132nd highest of 179 economies with data for 2021.
- Is the latest change in adjusted savings, education expenditure (current US$) unusual for Guinea?
- In 2021, Guinea's adjusted savings, education expenditure (current US$) rose 10.5% on 2020 (from US$307.54 million to US$339.95 million). Across the 30 yearly changes before that (1991 to 2020), the average change was +10.8% and a typical year strayed about 40.2% from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.ADJ.AEDU.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Statistical Yearbook, United Nations (UN), publisher: UN Statistics Division; Online database, UN Educational, Scientific and Cultural Organization (UNESCO), publisher: UNESCO Institute for Statistics (UIS) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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