Final consumption expenditure reached 9,166 USD bil in 2017 in Guinea, according to the National Statistical Office. This is 5.11 % more than in the previous year.
Historically, final consumption expenditure in Guinea reached an all time high of 9,259 USD bil in 2015 and an all time low of 1,578 USD bil in 1986. When compared to Guinea's main peers, final consumption expenditure in Liberia amounted to 5,057 USD bil, 14,344 USD bil in Mali, 17,936 USD bil in Senegal and 3,907 USD bil in Sierra Leone in 2017.
Guinea has been ranked 127th within the group of 161 countries we follow in terms of final consumption expenditure.
Final consumption expenditure consists of expenditure incurred by resident institutional units on goods or services that are used for the direct satisfaction of the individual needs or wants or the collective needs of members of the community.
|Final Consumption Expenditure (USD)||Unit||2009||2010||2011||2012||2013||2014||2015||2016||2017|
|Burkina Faso||USD bil||8,599||8,842||9,849||10,292||8,951|
|Ivory Coast||USD bil||20,441||21,359||23,878||26,633||30,290|
|Sierra Leone||USD bil||3,123||3,801||5,729||5,415||4,781|