GUINEA

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INTRODUCING

GUINEA

Official title:
Republic of Guinea *

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)

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

Sources:

Central Intelligence Agency. 2015. The World Factbook: Guinea. Available at: https://www.cia.gov (April 7th 2020).

International Monetary Fund. 2015. Regional Economic Outlook: Sub-Saharan Africa. Available at: https://www.imf.org (February 9th 2016).

World Trade Organization. 2015. Statistics Database: Guinea. Available at: http://stat.wto.org (Feburary 9th 2016).