Total shortfall from extreme poverty in Guinea
Guinea: Total shortfall from extreme poverty was 346.34 million international-$ in 2021 prices in 2018. ◆ Volatile
Total shortfall from extreme poverty in Guinea, 1991–2018
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
The most recent figure for total shortfall from extreme poverty in Guinea is 346.34 million international-$ in 2021 prices, measured in 2018. That is the lowest value across all 6 years on record.
That represents a change of down 77.7% over ten years.
Over the whole period, total shortfall from extreme poverty in Guinea peaked at 3.98 billion international-$ in 2021 prices in 1991 and was at its lowest, 346.34 million international-$ in 2021 prices, in 2018.
That places Guinea 41st out of 120 countries with data for 2018, putting it in the middle of the range.
Total shortfall from extreme poverty in Guinea, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1991 | 3.98 billion international-$ in 2021 prices | — |
| 1994 | 1.06 billion international-$ in 2021 prices | -73.4% |
| 2002 | 1.79 billion international-$ in 2021 prices | +69.4% |
| 2007 | 1.55 billion international-$ in 2021 prices | -13.3% |
| 2012 | 665.41 million international-$ in 2021 prices | -57.2% |
| 2018 | 346.34 million international-$ in 2021 prices | -48.0% |
Guinea compared with similar countries
- Guinea's 346.34 million international-$ in 2021 prices is below the median for lower middle income countries, which is 746.36 million international-$ in 2021 prices, 46% of the median. (29 countries reporting)
- Guinea's 346.34 million international-$ in 2021 prices is below the median for Sub-Saharan Africa, which is 3.29 billion international-$ in 2021 prices, 11% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.52 billion international-$ in 2021 prices | 1.06 billion international-$ in 2021 prices | 3.98 billion international-$ in 2021 prices | 2 |
| 2000s | 1.67 billion international-$ in 2021 prices | 1.55 billion international-$ in 2021 prices | 1.79 billion international-$ in 2021 prices | 2 |
| 2010s | 505.87 million international-$ in 2021 prices | 346.34 million international-$ in 2021 prices | 665.41 million international-$ in 2021 prices | 2 |
Countries ranked near Guinea
- 38 Iran 488.11 million international-$ in 2021 prices compare
- 39 Vietnam 436.73 million international-$ in 2021 prices compare
- 40 Italy 425.03 million international-$ in 2021 prices compare
- 42 Uzbekistan 342.44 million international-$ in 2021 prices
- 43 Spain 291.29 million international-$ in 2021 prices compare
- 44 Morocco 272.90 million international-$ in 2021 prices compare
More poverty & inequality data for Guinea
- Number of income/consumption surveys in the past decade available via the World Bank 1 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (2025)
- Fertility rate vs. share living in extreme poverty 4.22 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 1,351 kg per hectare (2024)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2024)
- Cereal yield vs extreme poverty, annual growth rate -1.35 % change on previous year (2024)
- Tax revenues vs income inequality, gaps filled 11.88 (2023)
- Tax revenue as share of GDP vs. income inequality 11.9% (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
Frequently asked questions
- What is total shortfall from extreme poverty in Guinea?
- Total shortfall from extreme poverty in Guinea was 346.34 million international-$ in 2021 prices in 2018, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
- What is the highest total shortfall from extreme poverty recorded in Guinea?
- The highest recorded value was 3.98 billion international-$ in 2021 prices in 1991.
- What is the lowest total shortfall from extreme poverty recorded in Guinea?
- The lowest recorded value was 346.34 million international-$ in 2021 prices in 2018.
- How does Guinea rank for total shortfall from extreme poverty?
- Guinea ranks 41st out of 120 countries with data for 2018.
- Is total shortfall from extreme poverty rising or falling in Guinea?
- Over the last ten years it is down 77.7%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Total shortfall from extreme poverty. Statizoid updates them automatically from the source API.
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About this data
This is the amount of money that would be theoretically needed to lift the income or consumption of all people in poverty up to $3 per day. However, this is not a measure of the actual cost of eliminating poverty, since it does not take into account the costs involved in making the necessary transfers nor any changes in behavior they would bring about.