Economy of Guinea. Statistics, Data and Indicators
Guinea
| N/AN/A | Credit rank # |
| N/A | Quality of life # |
| 130 | Corruption rank#125 |
| 156 | Ease of doing business#134 |
Guinea Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 11.4 USD Billion | 2019 |
| GDP Annual Growth Rate | 6.3 % | 2019 |
| GDP per capita | 921 USD | 2019 |
| Inflation Rate YoY | 11.3 % | Jul/20 |
| Interest Rate | 11.5 % | Aug/20 |
| Unemployment Rate | 4.3 % | 2019 |
| Balance of Trade | -2.6 USD Million | -0.003 B USD | 3Q/19 |
| Current Account | -251 USD Million | -0.251 B USD | 3Q/19 |
GDP
11.4
B USD
#140 from 174 countries
GDP per capita
921
USD
#147 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 11.4 USD Billion | 2019 |
| GDP Annual Growth Rate | 6.3 % | 2019 |
| GDP per capita | 921 USD | 2019 |
| GDP per capita PPP | 2564 USD | 2019 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 18 % | 2018 |
| Government Budget to GDP | -4.4 % | 2018 |
| Military Expenditure | 192 USD Million | 0.192 B USD | 2018 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 1194 Index Points | Jul/20 |
| Food Inflation | 13 % | Jul/20 |
| Inflation Rate YoY | 11.3 % | Jul/20 |
| Inflation Rate Mom | 1.2 % | Jul/20 |
| Core Inflation Rate | 9.5 % | Jul/20 |
| CPI Housing Utilities | 721 Index Points | Jul/20 |
| CPI Transportation | 741 Index Points | Jul/20 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -13.6 % | 2019 |
| Balance of Trade | -2.6 USD Million | -0.003 B USD | 3Q/19 |
| Current Account | -251 USD Million | -0.251 B USD | 3Q/19 |
| Exports | 566 USD Million | 0.566 B USD | 3Q/19 |
| Imports | 879 USD Million | 0.879 B USD | 3Q/19 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Interest Rate | 11.5 % | Aug/20 |
| Money Supply M1 | 33712 GNF Billion | 3.45 B USD | Jun/20 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 4.3 % | 2019 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 35 % | 2020 |
| Personal Income Tax Rate | 40 % | 2020 |
| Sales Tax Rate | 18 % | 2020 |
| Social Security Rate | 23 % | 2019 |
| Social Security Rate For Companies | 18 % | 2019 |
| Social Security Rate For Employees | 5 % | 2019 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 29 Index Points | 2019 |
| Corruption Rank | 130 place | 2019 |
| 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
11.3
%
#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
4.3
%
#132 from
171 countries
Wages
N/A
N/A
#N/A from
N/A countries
