Final Consumption Expenditure (USD) rose 5.1093182589205% to USD 9,166 bil in Guinea in 2017

Final Consumption Expenditure (USD) (USD bil)
Economy | Guinea | May 17, 2019
$2.99
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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
Algeria USD bil 103,696 109,684 112,849 120,061 103,855
Burkina Faso USD bil 8,599 8,842 9,849 10,292 8,951
Gambia USD bil 859 779 0.842 820 962
Ghana USD bil 39,413 40,045 52,840 42,792 39,091
Guinea USD bil 6,561 7,209 8,711 8,829 9,259
Ivory Coast USD bil 20,441 21,359 23,878 26,633 30,290
Liberia USD bil 3,674 3,725 4,367 5,050 5,303
Mali USD bil 11,516 10,913 12,874 13,681 12,417
Mauritania USD bil 3,251 3,537 3,789 4,013 3,894
Niger USD bil 5,671 5,646 6,157 6,652 6,053
Senegal USD bil 16,901 16,370 17,373 17,597 15,444
Sierra Leone USD bil 3,123 3,801 5,729 5,415 4,781