Guinea flag Guinea:

Presentation of Guinea : Economy

National Currency:
Guinea Franc (GNF)
Exchange Rate on :


Type of Economy:
Low-income economy
Substantial mining resources but poor infrastructures; very considerable corruption.
GDP
(billions USD) :
19.75 (Source: IMF – World Economic Outlook Database, 2022)
GDP
(Constant Prices, Annual % Change) :
4.6 (Source: IMF – World Economic Outlook Database, 2022)
GDP per Capita
(USD) :
1 (Source: IMF – World Economic Outlook Database, 2022)
General Government Gross Debt
(in % of GDP) :
39.0 (Source: IMF – World Economic Outlook Database, 2022)
Inflation Rate
(%) :
12.7 (Source: IMF – World Economic Outlook Database, 2022)
Employment By Sector
(in % of Total Employment) :
Agriculture (60.7), Industry (5.8), Services (33.6) (Source: World Bank, Latest available data.)
Value Added
(in % of GDP) :
Agriculture (23.7), Industry (32.7), Services (36.2) (Source: World Bank, Latest available data.)

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Latest Update: October 2022