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Questions

Questions on the economy of Guinea

  1. What is the GDP of Guinea?

    42.3 bn$ in 2025 (IMF, current dollars): no. 18 of 53 African economies.

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  2. What is the economic growth of Guinea?

    Real GDP growth of +6.9 % in 2025 (IMF estimate). The IMF projects +7.2 % for 2026.

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  3. What GDP does the IMF project for Guinea in 2030?

    69.0 bn$ in 2030 according to the IMF projections, against 42.3 bn$ in 2025: real growth of 9.0 % a year on average.

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  4. Is Guinea a rich country?

    GDP per capita of 2,675 $ in 2025, above the African median (1,768 $): no. 22 of 53 in Africa per person (IMF).

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  5. How many people live in Guinea?

    15.8 M inhabitants in 2025 (IMF): no. 27 in Africa by population.

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  6. What is the inflation rate in Guinea?

    3.1 % in 2025, average annual change in consumer prices (IMF). Projection for 2026: 6.3 %.

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  7. Is Guinea highly indebted?

    Public debt of 36.3 % of GDP in 2025, against a median of 53.2 % in Africa: no. 45 of 52 from the most indebted (IMF).

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  8. Is Guinea in default?

    No. Its rating is B+ (S&P B+). Risk of debt distress: moderate (IMF-World Bank, 17 May 2024).

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  9. What is the credit rating of Guinea?

    S&P B+: weak rating, no. 9 of the 34 African countries rated.

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  10. What is the currency of Guinea?

    Its currency: Guinean franc (GNF).

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  11. What does Guinea export?

    In 2024, mostly: Ores (iron, copper, cobalt, manganese…) (86.4 %), Cocoa and cocoa products (5.0 %), Gold, diamonds and precious metals (4.8 %). First client: China (CEPII, BACI).

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  12. Which economic communities is Guinea part of?

    ECOWAS (Economic Community of West African States).

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  13. What share of the population of Guinea has electricity?

    53.8 % of the population in 2024 (World Bank).

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Answers written from the latest figures of the IMF, the World Bank, CEPII, the rating agencies and the IMF-World Bank debt analyses. Method and sources