Labor share of gdp in Guinea
Guinea: Labor share of gdp was 30.1 in 2020. ▼ Falling
Latest (2020)
30.1
Change on year
unchanged
World rank
182nd
of 187 countries
All-time high
44.4
in 2009
All-time low
30.1
in 2019
Years of data
17
2004–2020
Labor share of gdp in Guinea, 2004–2020
Source: Our World in Data.
Analysis
The most recent figure for labor share of gdp in Guinea is 30.1, measured in 2020. That is the lowest value across all 17 years on record.
The figure is down 30.3% over ten years.
Over the whole period, labor share of gdp in Guinea peaked at 44.4 in 2009 and was at its lowest, 30.1, in 2019.
Guinea ranks 182nd of 187 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Labor share of gdp in Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 42.8 | — |
| 2005 | 42.5 | -0.7% |
| 2006 | 44.1 | +3.8% |
| 2007 | 42.4 | -3.9% |
| 2008 | 41.7 | -1.7% |
| 2009 | 44.4 | +6.5% |
| 2010 | 43.2 | -2.7% |
| 2011 | 42.2 | -2.3% |
| 2012 | 40.5 | -4.0% |
| 2013 | 40.6 | +0.2% |
| 2014 | 40 | -1.5% |
| 2015 | 39.3 | -1.8% |
| 2016 | 33.2 | -15.5% |
| 2017 | 33.4 | +0.6% |
| 2018 | 30.7 | -8.1% |
| 2019 | 30.1 | -2.0% |
| 2020 | 30.1 | +0.0% |
Guinea compared with similar countries
- Guinea's 30.1 is below the median for lower middle income countries, which is 44.95, 67% of the median. (46 countries reporting)
- Guinea's 30.1 is below the median for Sub-Saharan Africa, which is 42.4, 71% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 42.98 | 41.7 | 44.4 | 6 |
| 2010s | 37.32 | 30.1 | 43.2 | 10 |
| 2020s | 30.1 | 30.1 | 30.1 | 1 |
Countries ranked near Guinea
More work & labour data for Guinea
- Population - Est. & Proj. — Total Population - Both sexes, annual 0.0779 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth 0.0475 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth 0.1075 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate 0.4809 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 3.08 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 14,400 1000 No (2050)
- Population - Est. & Proj. — Rural population 12,452 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 16,208 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 15,799 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 32,007 1000 No (2100)
Frequently asked questions
- What is labor share of gdp in Guinea?
- Labor share of gdp in Guinea was 30.1 in 2020, according to Our World in Data.
- What is the highest labor share of gdp recorded in Guinea?
- The highest recorded value was 44.4 in 2009.
- What is the lowest labor share of gdp recorded in Guinea?
- The lowest recorded value was 30.1 in 2019.
- How does Guinea rank for labor share of gdp?
- Guinea ranks 182nd out of 187 countries with data for 2020.
- Is labor share of gdp rising or falling in Guinea?
- Over the last ten years it is down 30.3%. The long-run trend across the full record is falling.
- Where does this Guinea data come from?
- The figures come from Our World in Data, published as part of Labor share of gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).