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
175th
of 188 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

0123452000201120222000: 2.92001: 2.92002: 32003: 2.72004: 2.42005: 22006: 22007: 2.32008: 2.72009: 3.42010: 42011: 3.92012: 3.42013: 3.62014: 3.82015: 4.12016: 3.82017: 3.62018: 3.92019: 3.62020: 4.52021: 42022: 3.4

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 175th of 188 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 23 years of available data.

Averages by decade

DecadeAverage LowestHighest 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

  1. 172 Myanmar 3.6% compare
  2. 173 Kazakhstan 3.6% compare
  3. 174 Uganda 3.5% compare
  4. 176 Yemen 3.4% compare
  5. 177 Haiti 3.2% compare
  6. 178 Georgia 3.1% compare

See the full ranking of 190 places →

More reference data data for Guinea

All data for Guinea →

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 175th out of 188 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).

About this data

Indicator
Wage bill as a percentage of GDP
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 4,104 data points, 2000–2022
Last refreshed