As of 2024, the top 1% in Guinea earned 8.71% of total national income, while the bottom 50% received just 18.20%. Guinea’s income inequality has decreased since 1980, when the top 1% share was 9.73%.
Key Income Distribution Metrics for Guinea in 2024
In 2024, income in Guinea was distributed as follows: the wealthiest 1% of the population captured 8.71% of total national income, which is notably lower than the global average of 16.17%. Meanwhile, the bottom half of earners received 18.20% of income, notably higher than the global average of 14.97%.
| Metric | Guinea | Global Average |
|---|---|---|
| Top 1% Income Share | 8.71% | 16.17% |
| Top 10% Income Share | 37.91% | 45.21% |
| Bottom 50% Income Share | 18.20% | 14.97% |
How Has Income Inequality Changed in Guinea?
Top 1% Income Share Trend (1980-2024)
The share of income going to Guinea’s top 1% has decreased over the past 44 years. In 1980, the top 1% captured 9.73% of national income. By 2024, this figure had fallen by 1.02 percentage points to 8.71%.
Top 10% vs Bottom 50% Income Gap Over Time
The income gap between the top 10% and bottom 50% in Guinea has narrowed over this period. In 1980, the top 10% earned 46.54% while the bottom 50% received 10.93%. By 2024, these figures shifted to 37.91% and 18.20% respectively.
| Year | Top 1% | Top 10% | Bottom 50% | Gap (Top 10 – Bottom 50) |
|---|---|---|---|---|
| 1980 | 9.73% | 46.54% | 10.93% | 35.61 pp |
| 1986 | 9.73% | 46.54% | 10.93% | 35.61 pp |
| 1992 | 12.73% | 49.00% | 10.88% | 38.12 pp |
| 1998 | 18.66% | 52.94% | 11.41% | 41.53 pp |
| 2004 | 16.41% | 49.80% | 12.72% | 37.08 pp |
| 2010 | 12.79% | 44.25% | 15.21% | 29.04 pp |
| 2016 | 9.99% | 39.50% | 17.53% | 21.97 pp |
| 2022 | 8.71% | 37.91% | 18.20% | 19.71 pp |
How Guinea Compares Globally
Guinea vs Africa Average
Compared to other countries in Africa, Guinea’s top 1% income share of 8.71% is notably lower than the regional average of 15.62%. The bottom 50% in Guinea receives 18.20% of income, compared to the Africa average of 13.46%.
Where Guinea Ranks Among All Countries
- Top 1% income concentration: Guinea ranks 177th out of 184 countries (higher rank = more concentrated wealth at the top)
- Bottom 50% income share: Guinea ranks 39th out of 184 countries (higher rank = larger share for the bottom half)
Countries with similar income inequality levels to Guinea include Belgium, income distribution in Seychelles, Austria.
Frequently Asked Questions
What is the income share of the top 1% in Guinea?
As of 2024, the top 1% in Guinea earned 8.71% of total national income. This level of concentration is considered relatively low by international standards.
Is income inequality increasing or decreasing in Guinea?
Income inequality in Guinea has decreased since 1980. The top 1% income share moved from 9.73% in 1980 to 8.71% in 2024.
What percentage of income goes to the bottom 50% in Guinea?
In 2024, the bottom 50% of earners in Guinea received 18.20% of total national income. This compares with the top 10% who captured 37.91%.
Last updated: April 8, 2026
Data source: World Inequality Database (WID). This dataset covers income distribution metrics for 199 countries from 1980 to 2024.