Guinea: Government spending, percent of GDP

* indicates monthly or quarterly data series
 Guinea

Government spending as percent of GDP

 Latest value 13.41
 Year 2024
 Measure percent
 Data availability 1986 - 2024
 Average 9.94
 Min - Max 4.67 - 19.50
 Source The World Bank
The latest value from 2024 is 13.41 percent, a decline from 13.49 percent in 2023. In comparison, the world average is 14.67 percent, based on data from 101 countries. Historically, the average for Guinea from 1986 to 2024 is 9.94 percent. The minimum value, 4.67 percent, was reached in 1998 while the maximum of 19.5 percent was recorded in 2015. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Guinea - Government spending, percent of GDP - Recent values chart

Historical series
Guinea - Government spending, percent of GDP - historical chart - 1986-2024




The government size of Guinea and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 13.41 2024 percent
 Government spending, in dollars 3.40 2024 billion U.S. dollars
 Fiscal balance, percent of GDP -4.99 2024 percent
 Primary budget balance -3.83 2024 percent
 Tax revenue 7.44 1992 percent
 Commercial tax rate 69.30 2019 percent
 Tax preparation time 400 2019 hours
 Taxes on goods and services 20.48 1992 percent
 Taxes on international trade 35.79 1992 percent
 Income and profits taxes 10.99 1992 percent
 Foreign aid 531.75 2023 million U.S. dollars
 Government debt 48.83 2024 percent
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