Wage bill as a percentage of GDP in Guinea
Guinea: Wage bill as a percentage of GDP was 3.4% in 2022. ▲ Rising
Latest (2022)
3.4%
Change on year
down 14.8%
World rank
178th
of 191 countries
All-time high
4.5%
in 2020
All-time low
2.0%
in 2005
Years of data
23
2000–2022
Wage bill as a percentage of GDP in Guinea, 2000–2022
Source: World Bank.
Analysis
Guinea recorded 3.4% for wage bill as a percentage of gdp in 2022.
The figure is down 14.8% on the previous year and up 0.6% over ten years.
Over the whole period, wage bill as a percentage of gdp in Guinea peaked at 4.5% in 2020 and was at its lowest, 2.0%, in 2005.
Guinea ranks 178th of 191 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Wage bill as a percentage of GDP in Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 2.9% | — |
| 2001 | 2.9% | -0.9% |
| 2002 | 3.0% | +2.9% |
| 2003 | 2.7% | -8.2% |
| 2004 | 2.4% | -10.7% |
| 2005 | 2.0% | -17.1% |
| 2006 | 2.0% | +1.0% |
| 2007 | 2.3% | +12.6% |
| 2008 | 2.7% | +16.6% |
| 2009 | 3.4% | +28.1% |
| 2010 | 4.0% | +14.9% |
| 2011 | 3.9% | -1.2% |
| 2012 | 3.4% | -12.8% |
| 2013 | 3.6% | +6.7% |
| 2014 | 3.8% | +6.0% |
| 2015 | 4.1% | +7.4% |
| 2016 | 3.8% | -7.8% |
| 2017 | 3.6% | -4.9% |
| 2018 | 3.9% | +6.5% |
| 2019 | 3.6% | -7.0% |
| 2020 | 4.5% | +26.6% |
| 2021 | 4.0% | -11.5% |
| 2022 | 3.4% | -14.8% |
Guinea compared with similar countries
- Guinea's 3.4% is below the median for lower middle income countries, which is 6.3%, 55% of the median. (45 countries reporting)
- Guinea's 3.4% is below the median for Sub-Saharan Africa, which is 5.6%, 61% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.6% | 2.0% | 3.4% | 10 |
| 2010s | 3.8% | 3.4% | 4.1% | 10 |
| 2020s | 4.0% | 3.4% | 4.5% | 3 |
Countries ranked near Guinea
More reference data data for Guinea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.111 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.56 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.05 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2883 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.05 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.3722 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2242 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 13.37 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 16 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.57 (2050)
Frequently asked questions
- What is wage bill as a percentage of gdp in Guinea?
- Wage bill as a percentage of gdp in Guinea was 3.4% in 2022, according to the World Bank.
- What is the highest wage bill as a percentage of gdp recorded in Guinea?
- The highest recorded value was 4.5% in 2020.
- What is the lowest wage bill as a percentage of gdp recorded in Guinea?
- The lowest recorded value was 2.0% in 2005.
- How does Guinea rank for wage bill as a percentage of gdp?
- Guinea ranks 178th out of 191 countries with data for 2022.
- Is wage bill as a percentage of gdp rising or falling in Guinea?
- Over the last ten years it is up 0.6%. The long-run trend across the full record is rising.
- Where does this Guinea data come from?
- The figures come from the World Bank, published as part of Wage bill as a percentage of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).