Questions
Questions on the economy of Guinea
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What is the GDP of Guinea?
42.3 bn$ in 2025 (IMF, current dollars): no. 18 of 53 African economies.
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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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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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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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How many people live in Guinea?
15.8 M inhabitants in 2025 (IMF): no. 27 in Africa by population.
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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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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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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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What is the credit rating of Guinea?
S&P B+: weak rating, no. 9 of the 34 African countries rated.
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What is the currency of Guinea?
Its currency: Guinean franc (GNF).
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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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Which economic communities is Guinea part of?
ECOWAS (Economic Community of West African States).
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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