Income share of the richest 1%: World Inequality Database vs. World Bank in Guinea

Guinea: Income share of the richest 1%: World Inequality Database vs. World Bank was 7.7% in 2018. ▼ Falling

Latest (2018)
7.7%
World rank
95th
of 109 countries
All-time high
18.3%
in 1994
All-time low
7.7%
in 2018
Years of data
6
1991–2018

Income share of the richest 1%: World Inequality Database vs. World Bank in Guinea, 1991–2018

051015201991200420181991: 8.4 %1994: 18.3 %2002: 17.9 %2007: 12.4 %2012: 10.6 %2018: 7.7 %

Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.

Analysis

In 2018, income share of the richest 1%: world inequality database vs. world bank in Guinea stood at 7.7%. That is the lowest value across all 6 years on record.

The figure is down 38.1% over ten years.

Over the whole period, income share of the richest 1%: world inequality database vs. world bank in Guinea peaked at 18.3% in 1994 and was at its lowest, 7.7%, in 2018.

That places Guinea 95th out of 109 countries with data for 2018, putting it in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
1990s 13.4% 8.4% 18.3% 2
2000s 15.2% 12.4% 17.9% 2
2010s 9.2% 7.7% 10.6% 2

Countries ranked near Guinea

  1. 92 North Macedonia 7.8% compare
  2. 93 Norway 7.7% compare
  3. 94 Australia 7.7% compare
  4. 96 Portugal 7.4% compare
  5. 97 France 7.2% compare
  6. 98 Austria 7.1% compare

See the full ranking of 109 places →

More reference data data for Guinea

All data for Guinea →

Frequently asked questions

What is income share of the richest 1%: world inequality database vs. world bank in Guinea?
Income share of the richest 1%: world inequality database vs. world bank in Guinea was 7.7% in 2018, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
What is the highest income share of the richest 1%: world inequality database vs. world bank recorded in Guinea?
The highest recorded value was 18.3% in 1994.
What is the lowest income share of the richest 1%: world inequality database vs. world bank recorded in Guinea?
The lowest recorded value was 7.7% in 2018.
How does Guinea rank for income share of the richest 1%: world inequality database vs. world bank?
Guinea ranks 95th out of 109 countries with data for 2018.
Is income share of the richest 1%: world inequality database vs. world bank rising or falling in Guinea?
Over the last ten years it is down 38.1%. The long-run trend across the full record is falling.
Where does this Guinea data come from?
The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Income share of the richest 1%: World Inequality Database vs. World Bank. Statizoid updates them automatically from the source API.

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About this data

Indicator
Income share of the richest 1%: World Inequality Database vs. World Bank
Unit
%
Source
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
109 places, 2,196 data points, 1913–2024
Last refreshed

The share of income received by the richest 1% of the population. Income here is measured after taxes and benefits.