Economy of Guinea. Statistics, Data and Indicators
Guinea
| N/AN/A | Credit rank # |
| N/A | Quality of life # |
| 137 | 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 % | 2020 |
| GDP per capita | 960 USD | 2020 |
| Inflation Rate YoY | 12.37 % | May/21 |
| Interest Rate | 11.5 % | May/21 |
| Unemployment Rate | 4.4 % | 2020 |
| Balance of Trade | 585 USD Million | 0.585 B USD | 1Q/21 |
| Current Account | 273 USD Million | 0.273 B USD | 1Q/21 |
GDP
15.68
B USD
#140 from 174 countries
GDP per capita
960
USD
#147 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 15.68 USD Billion | 2020 |
| GDP Annual Growth Rate | 5.2 % | 2020 |
| GDP per capita | 960 USD | 2020 |
| GDP per capita PPP | 2671 USD | 2020 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 34.3 % | 2019 |
| 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) | 1319 Index Points | May/21 |
| Food Inflation | 16.7 % | May/21 |
| Inflation Rate YoY | 12.37 % | May/21 |
| Inflation Rate Mom | 0.7 % | May/21 |
| Core Inflation Rate | 8.7 % | May/21 |
| CPI Housing Utilities | 763 Index Points | May/21 |
| CPI Transportation | 710 Index Points | May/21 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -13.3 % | 2020 |
| Balance of Trade | 585 USD Million | 0.585 B USD | 1Q/21 |
| Current Account | 273 USD Million | 0.273 B USD | 1Q/21 |
| Exports | 1596 USD Million | 1.596 B USD | 1Q/21 |
| Imports | 1011 USD Million | 1.011 B USD | 1Q/21 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interest Rate | 11.5 % | May/21 |
| Money Supply M1 | 37209 GNF Billion | 3.8 B USD | Nov/20 |
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 % | 2020 |
| Social Security Rate For Companies | 18 % | 2020 |
| Social Security Rate For Employees | 5 % | 2020 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 28 Index Points | 2020 |
| Corruption Rank | 137 place | 2020 |
| Ease of Doing Business | 156 place | 2019 |
| Competitiveness Index | 46.13 Index Points | 2019 |
| Competitiveness Rank | 122 | 2019 |
Gold Reserves
N/A
N/A
#N/A from N/A countries
Foreign Exchange Reserves
N/A
N/A
#N/A from
N/A countries
Government Budget Value
N/A
N/A
#N/A from N/A countries
Inflation Rate
12.37
%
#19 from
174 countries
Interest Rate
11.5
%
#22 from
159 countries
Bank Lending Rate
N/A%
#N/A from
N/A countries
Unemployment Rate
4.4
%
#132 from
171 countries
Wages
N/A
N/A
#N/A from
N/A countries
