Guinea

GUINEA

 

 

 

 

 

 

 

 

 

Official title:

Republic of Guinea[1]

 

General information:
Capital: Conakry
Population: 13,906,999 (July 2021 est.)
Total area: 245,857 km2
Currency: Guinean franc (GNF)
National holiday: Independence Day, 2ndOctober (1958)
Official language: French
Vernacular languages: Fula, Maninka, and Susu

 

Type of government:
Presidential republic
Diplomatic and consular representative: H. E. Mr Mohammed Cherif Diallo (Italy – Rome)

 

Economy:
GDP (nominal): $12,72 billion (2020 est.)
GDP (nominal) per capita: $1,051 (2020 est.)
GDP (PPP): $29,03 billion (2020 est.)
GDP (PPP) per capita: $2,399 (2020 est.)
GDP (official exchange rate): $12,72 billion (2020 est.)
GDP (real growth rate): -0,2% (2020 est.)

GDP per sector:
• Agriculture 53,9%
• Industry 28,8%
• Services 17,3% (2020 est.)

Agriculture products: rice, coffee, pineapples, palm kernels, cassava (manioc, tapioca), bananas, sweet potatoes, cattle, sheep, goats, timber
Main industries: bauxite, gold, diamonds, iron ore, alumina refining, light manufacturing, agricultural processing

 

Trade - Export
Exported commodities: bauxite, alumina, gold, diamonds, coffee, fish, agricultural products
Main export partners:
• EU 28 49,6%
• Switzerland 19,5%
• Russian Federation 10,6%
• US 6,7%
• Canada 4% (2014)

 

Trade - Import
Imported commodities: petroleum products, metals, machinery, transport equipment, textiles, grain and other foodstuffs
Main import partners:
• EU 28 53,6%
• China 6,7%
• US 5,2%
• Australia 3,9%
• Brazil 2,9% (2014)

 

Sources:
Central Intelligence Agency. 2015. The World Factbook: Guinea. Available at: https://www.cia.gov/library/publications/the-world-factbook/geos/gv.html (April 7th 2020).

 

International Monetary Fund. 2015. Regional Economic Outlook: Sub-Saharan Africa. Available at: https://www.imf.org/external/pubs/ft/reo/2015/afr/eng/pdf/sreo1015.pdf (February 9th 2016).

 

World Trade Organization. 2015. Statistics Database: Guinea. Available at: http://stat.wto.org/CountryProfile/WSDBCountryPFView.aspx?Language=E&Country=GN (Feburary 9th 2016).

 



[1] It is sometimes called Guinea-Conakry to distinguish it from Guinea-Bissau and Equatorial Guinea (http://en.wikipedia.org/wiki/Guinea).

 

  

 

International Center for Promotion of Enterprises - ICPE
Grajska cesta 1,1234 Mengeš, Slovenia

Ph.: +386 1 568 23 31
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.