Population: 11.7 million in 20131
GDP: $6.2 billion in 20132
GDP per capita: $523 nominal3 ($1,255 PPP4) in 2013
GDP growth rate: 2.3% in 20135
GDP by Industry 20126
Industry sector | Value added ($ millions) 2012 | Percent of total |
Agriculture, hunting, forestry, fishing | 1,250 | 24.6% |
Mining and utilities | 1,025 | 20.2% |
Other activities | 966 | 19.0% |
Wholesale, retail trade, restaurants and hotels | 793 | 15.6% |
Transport, storage and communication | 387 | 7.6% |
Construction | 346 | 6.8% |
Manufacturing | 319 | 6.3% |
Total value added | 5,086 | 100% |
Unemployment rate: 1.8% in 20137
Employment by Industry 20068
Employment sector | Percent of total |
Agriculture | 76% |
Industry and services | 24% |
Total | 100% |
Top 10 Corporations by Revenue 20139
N/A
Household Wealth: $5 billion (81% of GDP) in 201410
Household Wealth per Adult: $894 in 201410
Gini Coefficient: .394 in 201311
Central Government
Central Government Revenue: $1.5 billion (24% of GDP) in 201312
Central Government Expenditure: $1.8 billion (29% of GDP) in 201312
Central Government Budget Balance: -$0.3 billion (-5% of GDP) in 201312
Central Government Public Debt: N/A
Central Government 10 Year Bond Interest Rate: N/A
Government Funds
N/A
Tax Structure
Individual Income Tax Rates and Thresholds in 2013* 13
Corporate Tax Rate: 35% in 201314
* Individual thresholds calculated using the exchange rate 7,080 GNF = 1 USD
Money Supply (M0): $950 million (15% of GDP) in Oct 2013* 15
Benchmark Interest Rate: 16
Total Reserves: $182 million (3% of GDP) in 201317
Exchange Rate: 7,080 Guinean Francs = 1 U.S. Dollar on Feb 18, 201318
Inflation: 11.9% in 201319
* Money supply calculated using the exchange rate 7,080 GNF = 1 USD
Top 10 Financial Institutions by Assets 201320
N/A (data not available at Relbanks.com)
Exports: $1.3 billion (21% of GDP) in 201321
Imports: $2.4 billion (39% of GDP) in 201321
Trade Balance: -$1.1 billion (-18% of GDP) in 201321
Foreign Direct Investment Inflow: $135 million (2% of GDP) in 201322
Foreign Direct Investment Outflow: N/A
Foreign Aid Inflow: $340 million (5% of GDP) in 201223
Foreign Aid Outflow: N/A
1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: CIA World Factbook (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: UN Human Development Report (Gini coefficient) Go back
12. Source: CIA World Factbook (Government budget) Go back
13. Source: Ernst & Young, Worldwide Personal Tax Guide (Individual tax rates) Go back
14. Source: Ernst & Young, Worldwide Corporate Tax Guide (Corporate tax rate) Go back
15. Source: Banque Centrale de la Republique de Guinee, Statistics, Monetary Series (Money supply) Go back
16. Source: Banque Centrale de la Republique de Guinee (Benchmark interest rate) Go back
17. Source: World Bank Indicators (Total reserves) Go back
18. Source: xe.com (Exchange rate) Go back
19. Source: World Bank Indicators (Inflation rate) Go back
20. Source: Relbanks.com (Financial institutions by assets) Go back
21. Source: CIA World Factbook (Trade data) Go back
22. Source: World Bank Indicators (FDI data) Go back
23. Source: World Bank Indicators (Aid data) Go back