Economy of Guinea. Statistics, Data and Indicators
Guinea
| N/AN/A | Credit rank # |
| N/A | Quality of life # |
| 150 | Corruption rank#125 |
| 156 | Ease of doing business#134 |
Guinea Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 15.68 USD Billion | 2020 |
| GDP Annual Growth Rate | 5.2 % | 2021 |
| GDP per capita | 984 USD | 2020 |
| Inflation Rate YoY | 10.99 % | Apr/22 |
| Interest Rate | 11.5 % | May/22 |
| Unemployment Rate | 4.4 % | 2020 |
| Balance of Trade | 2864 USD Million | 2.864 B USD | 4Q/21 |
| Current Account | 2663 USD Million | 2.663 B USD | 4Q/21 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 15.68 USD Billion | 2020 |
| GDP Annual Growth Rate | 5.2 % | 2021 |
| GDP per capita | 984 USD | 2020 |
| GDP per capita PPP | 2671 USD | 2020 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 40 % | 2020 |
| Government Budget to GDP | -3.1 % | 2020 |
| Military Expenditure | 201 USD Million | 0.201 B USD | 2020 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 1454 Index Points | Apr/22 |
| Food Inflation | 12.6 % | Apr/22 |
| Inflation Rate YoY | 10.99 % | Apr/22 |
| Inflation Rate Mom | 1.6 % | Apr/22 |
| Core Inflation Rate | 9.4 % | Apr/22 |
| CPI Housing Utilities | 780 Index Points | Apr/22 |
| CPI Transportation | 598 Index Points | Apr/22 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 30.8 % | 2020 |
| Balance of Trade | 2864 USD Million | 2.864 B USD | 4Q/21 |
| Current Account | 2663 USD Million | 2.663 B USD | 4Q/21 |
| Exports | 4008 USD Million | 4.008 B USD | 4Q/21 |
| Imports | 1144 USD Million | 1.144 B USD | 4Q/21 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interest Rate | 11.5 % | May/22 |
| Money Supply M1 | 40142 GNF Billion | 4.622 B USD | Sep/21 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 4.4 % | 2020 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 35 % | 2021 |
| Personal Income Tax Rate | 40 % | 2021 |
| Sales Tax Rate | 14 % | 2021 |
| Social Security Rate | 23 % | 2021 |
| Social Security Rate For Companies | 18 % | 2021 |
| Social Security Rate For Employees | 5 % | 2021 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 25 Index Points | 2021 |
| Corruption Rank | 150 place | 2021 |
| Ease of Doing Business | 156 place | 2019 |
| Competitiveness Index | 46.13 Index Points | 2019 |
| Competitiveness Rank | 122 | 2019 |
