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.