Dimension 5.2: Standards and Methods in Guinea

Guinea: Dimension 5.2: Standards and Methods was 0.55 in 2023. ◆ Volatile

Latest (2023)
0.55
Change on year
up 10.0%
World rank
114th
of 188 countries
All-time high
0.55
in 2023
All-time low
0.05
in 2016
Years of data
8
2016–2023

Dimension 5.2: Standards and Methods in Guinea, 2016–2023

00.10.20.30.40.50.62016201920232016: 0.052017: 0.052018: 0.052019: 0.22020: 0.22021: 0.52022: 0.52023: 0.55

Source: Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).

Analysis

The most recent figure for dimension 5.2: standards and methods in Guinea is 0.55, measured in 2023. That is the highest value across all 8 years on record.

The figure is up 10.0% on the previous year and up 1,000.0% over ten years.

That places Guinea 114th out of 188 countries with data for 2023, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.0875 0.05 0.2 4
2020s 0.4375 0.2 0.55 4

Countries ranked near Guinea

  1. 114 Afghanistan 0.55 compare
  2. 114 Belize 0.55 compare
  3. 114 Bolivia 0.55 compare
  4. 114 Cape Verde 0.55 compare
  5. 114 Cambodia 0.55 compare
  6. 114 Cameroon 0.55 compare
  7. 114 Gambia 0.55 compare
  8. 114 Morocco 0.55 compare
  9. 114 Nepal 0.55 compare
  10. 114 Nicaragua 0.55 compare
  11. 114 Peru 0.55 compare
  12. 114 San Marino 0.55 compare
  13. 114 Saint Lucia 0.55 compare
  14. 114 Suriname 0.55 compare
  15. 114 Tanzania 0.55 compare

See the full ranking of 190 places →

More reference data data for Guinea

All data for Guinea →

Frequently asked questions

What is dimension 5.2: standards and methods in Guinea?
Dimension 5.2: standards and methods in Guinea was 0.55 in 2023, according to Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).
What is the highest dimension 5.2: standards and methods recorded in Guinea?
The highest recorded value was 0.55 in 2023.
What is the lowest dimension 5.2: standards and methods recorded in Guinea?
The lowest recorded value was 0.05 in 2016.
How does Guinea rank for dimension 5.2: standards and methods?
Guinea ranks 114th out of 188 countries with data for 2023.
Is dimension 5.2: standards and methods rising or falling in Guinea?
Over the last ten years it is up 1,000.0%. The long-run trend across the full record is volatile.
Where does this Guinea data come from?
The figures come from Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators), published as part of Dimension 5.2: Standards and Methods. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 8 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Dimension 5.2: Standards and Methods
Source
Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 1,515 data points, 2016–2023
Last refreshed

Average score for Standards and Methods indicators. Internationally accepted and recommended methodology, classifications and standards provide the basis for national statistical offices (NSOs) on data integration, facilitating data exchange and providing the foundation for the preparation of relevant statistical indicators. The following methods and standards are considered: System of national accounts in use, National Accounts base year, Classification of national industry, CPI base year, Classification of household consumption, Classification of status of employment, Central government accounting status, Compilation of government finance statistics, Compilation of monetary and financial statistics, Business process. . Further work could improve the validity of this indicator and reduce the risk that countries may be incentivized to adopt only traditional standards and methods and neglect innovative solutions that may be more valid in the current context.