Guinea

Guinea : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook

Imports

$1.761 billion (2011 est.)
$1.405 billion (2010 est.)

Exports

$1.615 billion (2011 est.)
$1.471 billion (2010 est.)

Inflation rate (consumer prices)

16% (2011 est.)
20% (2010 est.)

Unemployment rate

NA%

GDP - per capita (PPP)

$1,100 (2011 est.)
$1,100 (2010 est.)
$1,100 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

3% (2010 est.)
-3.5% (2009 est.)
4.7% (2008 est.)

Internet users

95,000 (2009)

Telephones - mobile cellular

4 million (2009)

Population growth rate

2.641% (2012 est.)

Population

10,884,958 (July 2012 est.)

Historical background

Guinea has had a history of authoritarian rule since gaining its independence from France in 1958.

Lansana CONTE came to power in 1984 when the military seized the government after the death of the first president, Sekou TOURE.

Guinea did not hold democratic elections until 1993 when Gen.

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Guinea

Economic overview

Guinea is a poor country that possesses major mineral, hydropower, and agricultural resources.

The country has almost half of the world's bauxite reserves and significant iron ore, gold, and diamond reserves.

However, Guinea has been unable to profit from this potential, as rampant corruption, dilapidated electricity and other degraded infrastructure, and political uncertainty have drained investor confidence.

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The Economist Intelligence Unit

Country Risk Service Equatorial Guinea 4th Quarter 2014

Country Risk Service Equatorial Guinea 4th Quarter 2014

  • $ 520
  • Country report
  • October 2014
  • by The Economist Intelligence Unit

NCAIS: 0 SIC: 0

  • Countries : Equatorial Guinea, Guinea

PRS Group

Country Forecasts (Subscription, two issues per year, April & October)

Country Forecasts (Subscription, two issues per year, April & October)

  • $ 882
  • Country report
  • October 2014
  • by PRS Group

Country Forecasts is a 480-page perfect-bound volume published in April and October. This publication provides a four-page summary of forecasts and data for each of the 100 countries monitored by Political ...

  • Countries : World, South America, Asia, Europe, North America, Africa, Dominican Republic, Czech Republic, South Korea, Philippines, Guinea, Congo, Democratic Republic Of, Papua New Guinea, New Zealand, Australia, Venezuela, Argentina, United States, Nicaragua, Guatemala, El Salvador, Dominica, Costa Rica, United Kingdom, Switzerland, Netherlands, United Arab Emirates, Sri Lanka, Singapore, Saudi Arabia, Kazakhstan, Indonesia, Bangladesh, Azerbaijan, South Africa, Uruguay, Suriname, Paraguay, Guyana, Ecuador, Chile, Colombia, Bolivia, Brazil, Panama, Mexico, Jamaica, Honduras, Haiti, Canada, Ukraine, Sweden, Spain, Slovakia (slovak Republic), Russian Federation, Romania, Portugal, Poland, Norway, Italy, Ireland, Hungary, Greece, France, Germany, Finland, Denmark, Bulgaria, Belgium, Austria, Vietnam, Thailand, Taiwan, Syrian Arab Republic, Pakistan, Myanmar, Malaysia, Kuwait, Japan, Israel, India, China, Zimbabwe, Zambia, Tunisia, Sudan, Nigeria, Morocco, Libyan Arab Jamahiriya, Kenya, Ivory Coast (cote D'ivoire), Gabon, Ghana, Egypt, Cameroon, Botswana, Angola, Algeria, Oceania, Peru, Cuba, Oman, Iraq, Iran

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