Source
Central bank

N/A

International Reserves

US$ 114 million (Source: World Bank; Data updated: 2011)

Gross Domestic Product - GDP

US$ 7 billion (2014 estimate)

GDP (Purchasing Power Parity)

13 billion of International dollars (2014 estimate)

Real GDP growth
2003 2004 2005 2006 2007 2008 2009 2010
1.2% 2.3% 3.0% 2.5% 1.8% 4.9% -0.3% 1.9%
2011 2012 2013 2014*        
3.9% 3.8% 2.5% 4.5%        

*Estimate

GDP per capita - current prices

US$ 607 (2014 estimate)

GDP per capita - PPP

$1,164 International Dollars (2014 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2014*
0.02% 0.02% 0.02% 0.01% 0.02%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 22.9% 
  • industry: 46.5% 
  • services: 30.5% (2013 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2011 2012 2013 2014*
21.4% 15.2% 12.0% 10.2%

*Estimate

Unemployment rate
2011 2012 2013 2014*
N/A N/A N/A N/A

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014*
99.6% 77.8% 35.4% 37.8% 38.4%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014*
-14.0% -1.3% -3.3% -5.3% -2.8%

*Estimate   

Government bond ratings

Standard & Poor's: N/A

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Sept 2014)

Market value of publicly traded shares
2009 2010 2011
N/A N/A N/A
Largest companies in Guinea

N/A

 
 
Source
Current account balance

US$ -1.248 billion (2014 estimate)

Current account balance by percentage of GDP

-18.034% of GDP (2014 estimate)

Exports as percent of GDP(Exports of goods and services)

28.2% (2013)

(Data released on Oct 2014)

Shares in world total merchandising export

0.01% (2012)

(Data were released in March 2014)

Shares in world total commercial services export

0% (2012)

(Data were released in 2014)

Total exports

US$1.31 billion (2013 estimate) 

Export commodities

bauxite, alumina, gold, diamonds, coffee, fish, agricultural products

Total imports

US$2.384 billion (2013 estimate) 

 
 
Source
Import commodities

petroleum products, metals, machinery, transport equipment, textiles, grain and other foodstuffs

Exports - major partners

India 10.6%, Spain 9.6%, Chile 9.4%, US 7.1%, Ireland 6.3%, Germany 6.3%, Ukraine 5.7%, France 5% (2012)

Imports - major partners

China 14.2%, Netherlands 7.6% (2012)

FDI inflows
2011 2012 2013
US$ 956 million US$ 606 million US$ 25 million
FDI outflows
2011 2012 2013  
US$ 1 million US$ 3 million US$ 1 million  
Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013
N/A N/A N/A N/A
Cross-border M&A; deals worth over $3 billion completed in 2012 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2013 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 175 out of 189 countries (2013)

Subcategories:

Starting a business: 146 out of 189 countries

Enforcing Contracts: 134 out of 189 countries

Registering Property: 140 out of 189 countries

Getting credit: 159 out of 189 countries

Protecting investors: 178 out of 189 countries

Trading across border: 136 out of 189 countries

Paying Taxes: 186 out of 189 countries

Dealing with Construction Permits: 155 out of 189 countries

Getting Electricity: 91 out of 189 countries

Resolving Insolvency: 145 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

144

(2014-2015)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 133 Score: 53.5 (Mostly Unfree) (2014)

(100=totally free 0=totally repressed )

 
 
Source
Total area

245,857 km2 (2006)

Capital

Conakry (2009)

Currency

Guinean francs (GNF) (2009)

Government type

republic (2009)

Languages

French (official); note - each ethnic group has its own language

Religions

Muslim 85%, Christian 8%, indigenous beliefs 7%

Total population
1980 1990 2000 2012* 2017**
N/A 6.15 million 8.38 million 10.85 million 12.28 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2011
10.5% 23.6% 31% 35.5%
Population median age

18 years (2010)

Population growth rate

2.4% (2011)

Life expectancy

54 years (2010)

Adult literacy

39% (2005/2010)

% of population living on less than $2 a day

69.59% (2011)

Inequality of wealth distribution (Gini index)

39.35 (2007)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:5
Civil Liberties:5 (2011)

(1 represents the most free, 7 the least free)

Source
Total telephone subscribers as % of population

44.2% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

1.3% (Data were released in 2012 and refer to 2011)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Conakry: 155th (2011)

Source
CO2 emissions(Metric tons of CO2 per capita)

0.1258 (Data were released in 2012 and refer to 2009)

World's Best Developed & Emerging Markets Banks

World's Best Subcustodian Banks

World's Best Banks By Region

World's Best Banks

2013

Best of…

Additional Awards