Household Final Consumption Expenditure (USD) rose 5.10% to USD 7,671 bil in Guinea in 2017

Household Final Consumption Expenditure (USD) (USD bil)
Economy | Guinea | May 18, 2019
$2.99
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Household final consumption expenditure reached 7,671 USD bil in 2017 in Guinea, according to the National Statistical Office. This is 5.1 % more than in the previous year.

Historically, household final consumption expenditure in Guinea reached an all time high of 7,671 USD bil in 2017 and an all time low of 1,358 USD bil in 1986. When compared to Guinea's main peers, household final consumption expenditure in Liberia amounted to 4,525 USD bil, 11,752 USD bil in Mali, 14,975 USD bil in Senegal and 3,514 USD bil in Sierra Leone in 2017.

Guinea has been ranked 126th within the group of 159 countries we follow in terms of household final consumption expenditure, 6 places behind the position seen 10 years ago.

This represents consumer spending on domestic territory and expenditure by resident households abroad (outbound tourists), but excludes any non-resident households' expenditure on domestic territory (inbound tourists).

Household Final Consumption Expenditure (USD) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Algeria USD bil 62,358 67,207 72,696 77,746 68,069
Burkina Faso USD bil 6,393 6,515 7,302 7,501 6,535
Gambia USD bil 776 704 0.774 732 850
Ghana USD bil 33,957 35,111 45,926 37,201 34,341
Guinea USD bil 5,544 6,103 7,130 7,267 7,544
Ivory Coast USD bil 17,586 18,058 20,043 22,275 25,557
Liberia USD bil 3,309 3,304 3,779 4,526 4,767
Mali USD bil 9,077 8,986 10,664 11,349 10,273
Mauritania USD bil 2,315 2,501 2,685 2,857 2,799
Niger USD bil 4,674 4,656 5,071 5,383 4,762
Senegal USD bil 14,071 13,641 14,470 14,684 12,903
Sierra Leone USD bil 2,827 3,414 5,301 5,057 4,349