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Economy of Guinea. Statistics, Data and Indicators

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Guinea
N/AN/A Credit rank #
N/A Quality of life #
147 Corruption rank#125
156 Ease of doing business#134
Guinea


Guinea Major Economic Indicators

Indicator Data Period
GDP Value 21.23 USD Billion 2022
GDP Annual Growth Rate 4.7 % 2022
GDP per capita 994 USD 2022
Inflation Rate YoY 8 % Aug/23
Interest Rate 11.5 % Sep/23
Unemployment Rate 5.7 % 2022
Balance of Trade 1389 USD Million | 1.389 B USD 2Q/23
Current Account 313 USD Million | 0.313 B USD 2Q/23


GDP Indicators

Indicator Data Period
GDP Value 21.23 USD Billion 2022
GDP Annual Growth Rate 4.7 % 2022
GDP per capita 994 USD 2022
GDP per capita PPP 2699 USD 2022


Budget Indicators

Indicator Data Period
Government Debt to GDP 35.5 % 2022
Government Budget to GDP -1.3 % 2022
Military Expenditure 441 USD Million | 0.441 B USD 2022


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 150 Index Points Aug/23
Food Inflation 13.5 % Aug/23
Inflation Rate YoY 8 % Aug/23
Inflation Rate Mom -0.4 % Aug/23
Core Inflation Rate 2.6 % Aug/23
CPI Housing Utilities 182 Index Points Aug/23
CPI Transportation 128 Index Points Aug/23


Trade Indicators

Indicator Data Period
Current Account to GDP 28.83 % 2021
Balance of Trade 1389 USD Million | 1.389 B USD 2Q/23
Current Account 313 USD Million | 0.313 B USD 2Q/23
Exports 1423 USD Million | 1.423 B USD 2Q/23
Imports 1163 USD Million | 1.163 B USD 2Q/23


Money Indicators

Indicator Data Period
Interest Rate 11.5 % Sep/23
Money Supply M1 40999 GNF Billion | 4.782 B USD Feb/22


Labor Indicators

Indicator Data Period
Unemployment Rate 5.7 % 2022


Taxes



Business Indicators

Indicator Data Period
Corruption Index 25 Index Points 2022
Corruption Rank 147 place 2022
Ease of Doing Business 156 place 2019
Competitiveness Index 46.13 Index Points 2019
Competitiveness Rank 122 2019