Wealth share of the richest 1% in Guinea
Guinea: Wealth share of the richest 1% was 23.2% in 2024. ▼ Falling
Wealth share of the richest 1% in Guinea, 1980–2024
Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.
Analysis
In 2024, wealth share of the richest 1% in Guinea stood at 23.2%. That is the lowest value across all 45 years on record.
Compared with earlier readings it is down 2.2% over ten years.
Over the whole period, wealth share of the richest 1% in Guinea peaked at 31.8% in 1994 and was at its lowest, 23.2%, in 2018.
Guinea ranks 189th of 215 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 45 years of available data.
Wealth share of the richest 1% in Guinea, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 25.8% | — |
| 1981 | 25.8% | +0.0% |
| 1982 | 25.8% | -0.0% |
| 1983 | 25.8% | +0.0% |
| 1984 | 25.8% | -0.0% |
| 1985 | 25.8% | -0.0% |
| 1986 | 25.8% | +0.0% |
| 1987 | 25.8% | +0.0% |
| 1988 | 25.8% | -0.1% |
| 1989 | 25.8% | +0.0% |
| 1990 | 25.8% | +0.0% |
| 1991 | 25.8% | +0.0% |
| 1992 | 27.8% | +7.6% |
| 1993 | 29.9% | +7.6% |
| 1994 | 31.8% | +6.4% |
| 1995 | 31.6% | -0.5% |
| 1996 | 31.3% | -1.0% |
| 1997 | 31.1% | -0.6% |
| 1998 | 30.9% | -0.6% |
| 1999 | 30.8% | -0.3% |
| 2000 | 30.5% | -1.1% |
| 2001 | 30.3% | -0.5% |
| 2002 | 30.1% | -1.0% |
| 2003 | 29.1% | -3.1% |
| 2004 | 28.4% | -2.5% |
| 2005 | 27.0% | -4.9% |
| 2006 | 26.1% | -3.1% |
| 2007 | 25.7% | -1.8% |
| 2008 | 25.2% | -1.6% |
| 2009 | 24.8% | -1.6% |
| 2010 | 24.6% | -1.1% |
| 2011 | 24.3% | -0.9% |
| 2012 | 24.1% | -1.0% |
| 2013 | 23.8% | -1.1% |
| 2014 | 23.7% | -0.5% |
| 2015 | 23.6% | -0.5% |
| 2016 | 23.5% | -0.4% |
| 2017 | 23.3% | -0.6% |
| 2018 | 23.2% | -0.6% |
| 2019 | 23.2% | +0.0% |
| 2020 | 23.2% | +0.0% |
| 2021 | 23.2% | +0.0% |
| 2022 | 23.2% | +0.0% |
| 2023 | 23.2% | +0.0% |
| 2024 | 23.2% | +0.0% |
Guinea compared with similar countries
- Guinea's 23.2% is below the median for lower middle income countries, which is 27.2%, 85% of the median. (47 countries reporting)
- Guinea's 23.2% is below the median for Sub-Saharan Africa, which is 26.3%, 88% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 25.8% | 25.8% | 25.8% | 10 |
| 1990s | 29.7% | 25.8% | 31.8% | 10 |
| 2000s | 27.7% | 24.8% | 30.5% | 10 |
| 2010s | 23.7% | 23.2% | 24.6% | 10 |
| 2020s | 23.2% | 23.2% | 23.2% | 5 |
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 wealth share of the richest 1% in Guinea?
- Wealth share of the richest 1% in Guinea was 23.2% in 2024, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
- What is the highest wealth share of the richest 1% recorded in Guinea?
- The highest recorded value was 31.8% in 1994.
- What is the lowest wealth share of the richest 1% recorded in Guinea?
- The lowest recorded value was 23.2% in 2018.
- How does Guinea rank for wealth share of the richest 1%?
- Guinea ranks 189th out of 215 countries with data for 2024.
- Is wealth share of the richest 1% rising or falling in Guinea?
- Over the last ten years it is down 2.2%. 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 Wealth share of the richest 1%. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.