Source
Central bank

N/A

International Reserves

N/A

Source
Gross Domestic Product - GDP

US$ 5.463 billion (2009 estimate)

GDP (Purchasing Power Parity)

12.151 billion of International dollars (2009 estimate)

Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
3.8% 4.2% 1.2% 2.3% 3% 2.5% 1.8% 4.9%
2009 2010 2011 2012*        
-0.3% 1.9% 3.6% 4.7%        

*Estimate

GDP per capita - current prices

US$ 503 (2009 estimate)

GDP per capita - PPP

$1,120 International Dollars (2009 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
0.02% 0.02% 0.02% 0.02% 0.02%

**Forecast

 
 
Source
GDP - composition by sector

(Data released on February 2012)

  • agriculture: 16.8% 
  • industry: 53.5% 
  • services: 29.7% (2011 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

(Data released on March 2012)

Inflation
2009 2010 2011 2012*
4.7%(2008) 15.5% 21.5% 15%

*Estimate

Unemployment rate
2009 2010 2011 2012*
N/A N/A N/A(2009) N/A

*Estimate

Household saving rates

N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
88.9% 75.8% 80.4% 72.2% 67.2%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
-1.3% -7.1% -14% -2.9% -6.7%

*Estimate    **Forecast

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 Dec 2011 and Nov 2012)

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$ -2 billion (2010 estimate)(After 2008)

Current account balance by percentage of GDP

-36.1% of GDP (0 estimate)(2009)

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

35% (2010)

(Data released on April 2012)

Shares in world total merchandising export

0.01%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export

0% (2011)(2007)

(Data were released in 2012)

Total exports

US$1.785 billion (2012 estimate) 

Export commodities

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

Total imports

US$2.708 billion (2012 estimate) 

 
 
Source
Import commodities

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

Exports - major partners

Chile 24.4%, Spain 9.1%, India 7.9%, Russia 7.4%, Germany 5.1%, Ireland 5%, US 4.9%, Ukraine 4.4% (2011)

Imports - major partners

China 13.4%, Netherlands 8.2%, US 5.4%, France 4% (2011)

FDI inflows
2009 2010 2011
US$141 million US$101 million(2009) US$1,211 million(2009)
FDI outflows
2009 2010 2011  
N/A N/A US$5 million  
Value of cross-border M&A;, by country of purchaser
2008 2009 2010 2011
N/A N/A(2009) N/A(2009) N/A
Cross-border M&A; deals worth over $3 billion completed in 2010(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 2011(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(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 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 178 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 158 out of 185 countries(2009)

Enforcing Contracts: 131 out of 185 countries

Registering Property: 151 out of 185 countries

Getting credit: 154 out of 185 countries

Protecting investors: 177 out of 185 countries

Trading across border: 133 out of 185 countries

Paying Taxes: 183 out of 185 countries

Dealing with Construction Permits: 152 out of 185 countries

Getting Electricity: 88 out of 185 countries

Resolving Insolvency: 141 out of 185 countries

(2013)

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

141

(2012)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 141 Score: 50.8 (Mostly Unfree) (2009)

(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