Starting a business - Score in Guinea
Guinea: Starting a business - Score was 84.46 in 2019. ▲ Rising
Starting a business - Score in Guinea, 2003–2019
Source: World Bank.
Analysis
In 2019, starting a business - score in Guinea stood at 84.46. That is the highest value across all 17 years on record.
The figure is up 0.7% on the previous year and up 168.0% over ten years.
Over the whole period, starting a business - score in Guinea peaked at 84.46 in 2019 and was at its lowest, 21.89, in 2003.
Guinea ranks 123rd of 191 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Starting a business - Score in Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 21.89 | — |
| 2004 | 23.9 | +9.2% |
| 2005 | 26.58 | +11.2% |
| 2006 | 26.24 | -1.3% |
| 2007 | 31.62 | +20.5% |
| 2008 | 31.96 | +1.1% |
| 2009 | 31.52 | -1.4% |
| 2010 | 30.43 | -3.5% |
| 2011 | 34.15 | +12.2% |
| 2012 | 48.29 | +41.4% |
| 2013 | 55.53 | +15.0% |
| 2014 | 52.82 | -4.9% |
| 2015 | 77.4 | +46.5% |
| 2016 | 77.58 | +0.2% |
| 2017 | 79.15 | +2.0% |
| 2018 | 83.9 | +6.0% |
| 2019 | 84.46 | +0.7% |
Guinea compared with similar countries
- Guinea's 84.46 is above the median for lower middle income countries, which is 82.73, 1.0× the median. (47 countries reporting)
- Guinea's 84.46 is above the median for Sub-Saharan Africa, which is 83.5, 1.0× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.67 | 21.89 | 31.96 | 7 |
| 2010s | 62.37 | 30.43 | 84.46 | 10 |
Countries ranked near Guinea
More private sector data for Guinea
- Merchandise trade 82.7% (2025)
- Food imports 26.6% (2016)
- Manufactures imports 58.5% (2016)
- Merchandise imports 8.34 billion current US$ (2025)
- Food exports 4.3% (2016)
- Manufactures exports 3.7% (2016)
- Merchandise exports 15.10 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,000 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.5328 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 53.34 % change on previous year (2025)
Frequently asked questions
- What is starting a business - score in Guinea?
- Starting a business - score in Guinea was 84.46 in 2019, according to the World Bank.
- What is the highest starting a business - score recorded in Guinea?
- The highest recorded value was 84.46 in 2019.
- What is the lowest starting a business - score recorded in Guinea?
- The lowest recorded value was 21.89 in 2003.
- How does Guinea rank for starting a business - score?
- Guinea ranks 123rd out of 191 countries with data for 2019.
- Is starting a business - score rising or falling in Guinea?
- Over the last ten years it is up 168.0%. The long-run trend across the full record is rising.
- Where does this Guinea data come from?
- The figures come from the World Bank, published as part of Starting a business - Score. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The score for starting a business is the simple average of the scores for each of the component indicators: the procedures, time and cost for an entrepreneur to start and formally operate a business, as well as the paid-in minimum capital requirement.