Home → Guinea → Government → Government Spending

Guinea Government Spending

Government expenditure as % of GDP  GC.XPN.TOTL.GD.ZS

Guinea's government spending was 6.47% in 1992, ranked 1st globally. This represents a 16.5% decrease from 1991. Data from World Bank, covering 1989–1992.

6.47% −1.28% (-16.5%)
Year 1992 Rank #1 Global Peak 7.90% (1990) Source World Bank

Guinea Government Spending (1989–1992)

Overview

Guinea's government spending stood at 6.47% in 1992, a decline of +1.28% from 1991. Guinea ranked 1st globally.

Guinea’s government spending as a share of gross domestic product fell sharply over the four‑year span for which World Bank data are available, declining from 7.63 % in 1989 to a trough of 6.47 % in 1992, the lowest level among all reporting economies that year. The all‑time peak of 7.90 % was recorded in 1990, shortly after the 1989 level, indicating that the decline accelerated in the early 1990s rather than reflecting a gradual slide. By contrast, peer economies such as the Dominican Republic recorded a higher share of 7.02 % in the same period, while Guatemala, Thailand and Indonesia posted substantially larger allocations above 9 %. The contraction in Guinea’s fiscal outlays coincided with a broader regional trend of tightening public finances during the post‑Cold‑War adjustment era, suggesting limited capacity for expansionary spending. If fiscal reforms that broaden the tax base and improve revenue collection are implemented, the downward trajectory could be reversed, allowing government expenditure to regain a more supportive share of GDP.

Data & projection

Year Government Spending YoY change Rank
1992 6.47% −1.28% #1
1991 7.75% −0.15% #2
1990 7.90% +0.26% #2
1989 7.63% – #1

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +45.6% GDP growth 5.6% C/A balance 27.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Guinea matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw government spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is Guinea's government spending?▾

Guinea's government spending was 6.47% in 1992. Ranked 1st globally. This represents a 16.5% decrease from the previous year.

What was the highest government spending in Guinea?▾

Guinea's government spending peaked at 7.90% in 1990.

What was the lowest government spending in Guinea?▾

The lowest government spending in Guinea was 6.47% in 1992.

How does Guinea rank in government spending?▾

Guinea ranks 1st globally in government spending as of 1992.

What is the World Bank indicator code for government spending?▾

The World Bank indicator code is GC.XPN.TOTL.GD.ZS. Data sourced from World Bank.

What is the government spending of Guinea in 1992?▾

The government spending of Guinea in 1992 was 6.47%. This ranks 1st in the world.

Cite this page

APA
Guinea Government Spending. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/guinea/government-spending/
BibTeX
@misc{historysaid_guinea_government-spending, title = {Guinea Government Spending}, url = {https://historysaid.com/guinea/government-spending/}, publisher = {HistorySaid}, year = {2026} }
Part of the Kavela network · Where to watch movies, series & football globally → StreamWatchHub