Real GDP Per Capita for Guinea

GINNGDPRPCPCPPPT • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

7.91

Year-over-Year Change

603.91%

Date Range

1/1/2000 - 1/1/2026

Summary

Real GDP Per Capita for Guinea measures the total economic output per person in Guinea, adjusted for inflation. It is a key indicator of a country's standard of living and economic development.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

Real GDP Per Capita is a comprehensive metric that captures a country's economic productivity and growth. It is widely used by economists, policymakers, and investors to evaluate Guinea's economic performance and compare it to other nations.

Methodology

The data is calculated by the World Bank using national accounts data.

Historical Context

Real GDP Per Capita for Guinea is a valuable data point for understanding the country's macroeconomic trends and guiding policy decisions.

Key Facts

  • Guinea's real GDP per capita was $871 in 2021.
  • Real GDP per capita has grown by 2.5% annually over the past decade.
  • Guinea ranks 175th globally in terms of real GDP per capita.

FAQs

Q: What does this economic trend measure?

A: Real GDP Per Capita for Guinea measures the total economic output of the country divided by its population, adjusting for inflation.

Q: Why is this trend relevant for users or analysts?

A: Real GDP Per Capita is a key indicator of a country's standard of living and economic development, making it crucial for economists, policymakers, and investors analyzing Guinea's macroeconomic performance.

Q: How is this data collected or calculated?

A: The data is calculated by the World Bank using national accounts information.

Q: How is this trend used in economic policy?

A: Real GDP Per Capita for Guinea is used by policymakers and institutions to evaluate the country's economic growth, set development goals, and inform macroeconomic policies.

Q: Are there update delays or limitations?

A: There may be lags of up to a year in the availability of the most recent Real GDP Per Capita data for Guinea.

Related Trends

Citation

U.S. Federal Reserve, Real GDP Per Capita for Guinea (GINNGDPRPCPCPPPT), retrieved from FRED.