Guinea's manufacturing, value added (current LCU) was 21.71 trillion in 2022, the latest year in the World Bank's World Development Indicators. That is up 286.35% from 5.62 trillion in 2012 (14.47% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 21.71 trillion | 2022 |
| Five years earlier | 9.4 trillion | 2017 |
| Ten years earlier | 5.62 trillion | 2012 |
| Highest | 21.71 trillion | 2022 |
| Lowest | 50.74 billion | 1988 |
| Average since 2013 | 11.74 trillion | 2013–2022 |
| First recorded | 50.74 billion |
What the numbers say
In 2022, Guinea's manufacturing, value added (current LCU) rose 19.3% on 2021 (from 18.2 trillion to 21.71 trillion).
Across the 30 yearly changes before that (1992 to 2021), the average change was +24.9% and a typical year strayed about 51.7% from that (the standard deviation). This year's change was 0.1 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 279.7% in 2006 and the biggest yearly fall was 5.8% in 1995. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2013 to 2022 the straight-line trend is upward, about 1.58 trillion a year. A straight line explains 89% 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.
A straight-line projection, tested first
Extending that straight line gives about 22.31 trillion for 2025. We show this only because the same method, fitted on earlier years, predicted 2020 to 2022 better than "no change" would have: its average miss was 3.75 trillion, against 4.76 trillion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
Closest to Guinea in the 2022 ranking
- Canada — 2nd of 2: 267.07 billion
What this measures
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 35 values
| Year | Manufacturing, value added (current LCU) |
|---|---|
| 2022 | 21,707,127,625,100 |
| 2021 | 18,200,691,190,300 |
| 2020 | 12,891,440,897,100 |
| 2019 | 12,840,030,596,900 |
| 2018 | 12,899,699,108,700 |
| 2017 | 9,403,644,157,200 |
| 2016 | 8,423,145,000,000 |
| 2015 | 7,977,660,000,000 |
| 2014 | 6,823,852,000,000 |
| 2013 | 6,249,830,000,000 |
Manufacturing, value added (current LCU) in nearby economies
- Angola — 8.78 trillion (2025)
- Benin — 1.45 trillion (2025)
- Botswana — 15.31 billion (2025)
- Burkina Faso — 1.06 trillion (2025)
- Burundi — 2.35 trillion (2025)
- Cabo Verde — 15.53 billion (2025)
- Cameroon — 5 trillion (2025)
- Central African Republic — 278.26 billion (2023)
- Chad — 761.6 billion (2024)
- Comoros — 56.78 billion (2025)
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 manufacturing, value added (current LCU)?
- 21.71 trillion in 2022, according to the World Bank (World Development Indicators).
- How has it changed since 1988?
- It is up 42,677% from 50.74 billion in 1988 (19.51% a year on average, compounded). The highest value was 21.71 trillion in 2022 and the lowest 50.74 billion in 1988.
- Is the latest change in manufacturing, value added (current LCU) unusual for Guinea?
Source
World Bank, World Development Indicators, indicator NV.IND.MANF.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) 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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