Guinea: Government spending, percent of GDP

* indicates monthly or quarterly data series
 Guinea

Government spending as percent of GDP

 Latest value 12.26
 Year 2023
 Measure percent
 Data availability 1986 - 2023
 Average 9.77
 Min - Max 4.67 - 19.50
 Source The World Bank
The latest value from 2023 is 12.26 percent, a decline from 16.59 percent in 2022. In comparison, the world average is 16.14 percent, based on data from 130 countries. Historically, the average for Guinea from 1986 to 2023 is 9.77 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.
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* 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 - 1986-2023




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 12.26 2023 percent
 Government spending, in dollars 3.02 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -1.60 2023 percent
 Government debt 40.75 2023 percent
 Tax revenue 7.83 1989 percent
 Commercial tax rate 69.30 2019 percent
 Tax preparation time 400 2019 hours
 Number of taxes 33 2019 taxes
 Foreign aid 499.63 2022 million U.S. dollars
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