Income share of the richest 20% — all countries

Income share of the richest 20% — Guinea

Income share of the richest 20% in Guinea in 2018 — 38.2%. Ranked 19 in the world out of 93. Since 1991, the indicator has fallen by 11.5 pp.

2018 38.2% −3.3 pp vs 2012
World rank 19of 93
Period maximum 52%1994
Period minimum 38.2%2018

Trend over time

1991–2018 · % of income

Income share of the richest 20% — Guinea, 1991–2018354045505519911994199720002003200620092012201520181991: 49.7%1994: 52%2002: 49.4%2007: 46.2%2012: 41.5%2018: 38.2%
Change over the period: −11.5 pp Annual average: -0.43 pp
Income share of the richest 20% — Guinea, by year Guinea All countries CSV XLSX
Year % Change, pp
2018 38.2
2012 41.5
2007 46.2
2002 49.4
1994 52
1991 49.7

About the indicator

The share of total income or consumption that goes to the richest twenty percent of the population. Under complete equality it would be twenty percent; in the most unequal countries of Latin America and Southern Africa it comes to more than sixty. The ratio of this share to the share of the poorest quintile — the quintile ratio, S80/S20 — was historically the first measure of inequality, and it speaks more clearly than the Gini index about the gap between the poles.

Important: There are no aggregates for country groups for the same reason as with the Gini index: the quintile of a group is not a union of national quintiles. Household surveys systematically understate the incomes of the richest, so real inequality is higher than measured.

Source: World Development Indicators (World Bank), license CC BY 4.0.