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Guinea Income Share Top 10%

Income share held by highest 10%  SI.DST.10TH.10

Guinea's income share top 10% was 23.10% in 2018, ranked 19th globally. This represents a 12.5% decrease from 2017. Data from World Bank, covering 1991–2018.

23.10% −3.30pp (-12.5%)
Year 2018 Rank #19 Global Peak 36.00% (1994) Source World Bank

Guinea Income Share Top 10% (1991–2018)

Overview

Guinea's income share top 10% stood at 23.10% in 2018, a decline of +3.30pp from 2012. Guinea ranked 19th globally.

Guinea’s share of income accruing to the top 10 percent of earners has contracted markedly over the past three decades, falling from 31.40 % in 1991 to the all‑time trough of 23.10 % in 2018, which also represents its latest recorded level and places the country 19th globally. The share peaked at 36.00 % in 1994 before a gradual decline set in, reflecting a broadening of the distribution of earnings despite persistent macro‑economic volatility. By 2018 Guinea’s top‑10 % share was virtually identical to that of the Netherlands (23.00 %) and only slightly below Denmark (23.50 %), suggesting a convergence with the distribution patterns of more advanced economies. The downward trajectory points to modest progress in reducing elite concentration, yet the pace remains limited and could be altered by structural reforms that expand formal employment, improve tax administration, and enhance social protection, which would be required to sustain further declines in the top‑decile income share.

Data & projection

Year Income Share Top 10% YoY change Rank
2018 23.10% −3.30pp #19
2012 26.40% −3.70pp #38
2007 30.10% −3.90pp #53
2002 34.00% −2.00pp #49
1994 36.00% +4.60pp #22
1991 31.40% – #13

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 income share top 10% improve within 24 months. View full analysis →

Frequently Asked Questions

What is Guinea's income share top 10%?▾

Guinea's income share top 10% was 23.10% in 2018. Ranked 19th globally. This represents a 12.5% decrease from the previous year.

What was the highest income share top 10% in Guinea?▾

Guinea's income share top 10% peaked at 36.00% in 1994.

What was the lowest income share top 10% in Guinea?▾

The lowest income share top 10% in Guinea was 23.10% in 2018.

How does Guinea rank in income share top 10%?▾

Guinea ranks 19th globally in income share top 10% as of 2018.

What is the World Bank indicator code for income share top 10%?▾

The World Bank indicator code is SI.DST.10TH.10. Data sourced from World Bank.

What is the income share top 10% of Guinea in 2018?▾

The income share top 10% of Guinea in 2018 was 23.10%. This ranks 19th in the world.

Cite this page

APA
Guinea Income Share Top 10%. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/guinea/income-top-10/
BibTeX
@misc{historysaid_guinea_income-top-10, title = {Guinea Income Share Top 10%}, url = {https://historysaid.com/guinea/income-top-10/}, publisher = {HistorySaid}, year = {2026} }
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