Guinea: Household consumption, in dollars

* indicates monthly or quarterly data series
 Guinea

Household consumption, billion USD

 Latest value 12.28
 Year 2023
 Measure billion U.S. dollars
 Data availability 1986 - 2023
 Average 5.00
 Min - Max 1.41 - 15.48
 Source The World Bank
The latest value from 2023 is 12.28 billion U.S. dollars, a decline from 15.48 billion U.S. dollars in 2022. In comparison, the world average is 221.09 billion U.S. dollars, based on data from 131 countries. Historically, the average for Guinea from 1986 to 2023 is 5 billion U.S. dollars. The minimum value, 1.41 billion U.S. dollars, was reached in 1986 while the maximum of 15.48 billion U.S. dollars was recorded in 2022. See the global rankings 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 - Household consumption, in dollars - Recent values chart

Historical series
Guinea - Household consumption, in dollars - historical chart - 1986-2023




Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.

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 Related indicators Latest Reference Measure
 Capital investment, percent of GDP 23.60 2023 percent
 Capital investment, in dollars 5.57 2023 billion U.S. dollars
 Household consumption, percent of GDP 51.99 2023 percent
 Household consumption, in dollars 12.28 2023 billion U.S. dollars
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