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Economy of Congo vs Guinea compared: GDP & Debt

Updated on by Georank team

The Congo has a GDP of $15.7B compared to $25B for Guinea, ranking 141/197 and 118/197 by economy size, respectively.

The Congo has $15.4B in government debt (98% of GDP), compared to $12.2B (48.8% of GDP) in Guinea.

Congo vs Guinea GDP by year

Congo
Guinea
1x
Year GDP, current $
Congo Guinea
2024 $15,719,986,077 $25,008,678,293
2023 $15,321,055,823 $22,407,615,556
2022 $15,817,030,155 $19,910,452,542
2021 $14,825,690,211 $17,069,115,738
2020 $11,468,687,464 $14,088,693,743
2019 $13,976,637,780 $13,442,861,496
2018 $14,773,900,289 $11,857,030,367
2017 $11,834,473,039 $10,324,668,271
2016 $10,931,328,151 $8,595,955,222
2015 $12,434,793,867 $8,794,201,743
2014 $17,919,321,078 $8,778,473,373
2013 $17,958,720,699 $8,376,613,539
2012 $17,692,911,296 $7,638,044,557
2011 $15,655,383,577 $6,785,137,203
2010 $13,148,396,212 $6,853,467,146
2009 $9,723,299,915 $6,716,905,340
2008 $11,649,857,673 $6,964,179,983
2007 $8,782,703,437 $6,281,918,226
2006 $8,072,305,029 $4,220,019,845
2005 $6,650,001,680 $4,282,468,637
2004 $4,656,974,940 $5,300,767,961
2003 $3,503,723,088 $5,025,167,975
2002 $3,034,250,924 $4,301,608,753
2001 $2,796,704,604 $4,125,527,603
2000 $3,227,927,698 $4,367,458,867
1999 $2,354,772,960 $5,046,806,783
1998 $1,949,481,379 $5,232,118,046
1997 $2,322,719,103 $5,516,916,163
1996 $2,540,697,539 $5,641,243,100
1995 $2,116,003,868 $5,385,704,166
1994 $1,769,365,438 $4,932,800,407
1993 $2,684,323,623 $4,781,166,117
1992 $2,933,222,703 $4,789,220,417
1991 $2,724,853,506 $4,396,178,694
1990 $2,798,746,050 $3,888,320,666
1989 $2,389,593,026 $3,546,079,263
1988 $2,212,536,312 $3,476,480,303
1987 $2,297,753,652 $2,976,714,019
1986 $1,849,268,212 $2,909,130,355
1985 $2,160,872,540 $22,787,644,566
1984 $2,193,581,365 $18,421,497,251
1983 $2,097,274,290 $15,129,893,722
1982 $2,160,640,565 $11,926,032,493
1981 $1,993,512,323 $9,646,440,667
1980 $1,705,796,853 $9,746,524,915
1979 $1,198,749,667 $8,877,094,497
1978 $878,771,772 $8,087,305,999
1977 $765,224,029 $6,914,381,291
1976 $754,549,601 $6,762,781,871
1975 $767,102,680 $6,102,769,605
1974 $585,364,634 $5,691,417,541
1973 $541,973,363 $5,152,080,388
1972 $410,669,264 $4,203,069,035
1971 $322,128,019 $3,594,302,908
1970 $274,960,700 $3,220,224,608
1969 $265,040,036 -
1968 $251,247,458 -
1967 $237,397,428 -
1966 $220,613,582 -
1965 $198,318,064 -
1964 $185,693,725 -
1963 $172,233,431 -
1962 $166,521,240 -
1961 $151,675,739 -
1960 $131,731,863 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/congo/guinea | CC BY

GDP per capita in Congo vs Guinea by year

Congo
GDP per capita

GDP per capita, PPP
Guinea
GDP per capita

GDP per capita, PPP
1x
Year Current $
Congo Guinea
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,482 $7,026 $1,695 $4,565
2023 $2,478 $6,850 $1,555 $4,334
2022 $2,621 $6,647 $1,417 $4,062
2021 $2,516 $6,263 $1,245 $3,739
2020 $1,994 $4,771 $1,054 $3,332
2019 $2,488 $5,720 $1,031 $3,106
2018 $2,694 $5,593 $933 $2,844
2017 $2,212 $4,445 $834 $2,687
2016 $2,093 $4,016 $712 $2,255
2015 $2,439 $4,715 $747 $1,930
2014 $3,601 $5,733 $765 $1,873
2013 $3,697 $5,834 $748 $1,842
2012 $3,732 $6,058 $699 $1,790
2011 $3,396 $5,175 $637 $1,705
2010 $2,947 $5,125 $659 $1,622
2009 $2,271 $4,801 $662 $1,567
2008 $2,832 $4,448 $704 $1,614
2007 $2,206 $4,243 $650 $1,558
2006 $2,104 $4,588 $447 $1,453
2005 $1,799 $4,279 $463 $1,422
2004 $1,306 $3,992 $585 $1,366
2003 $1,017 $3,887 $566 $1,328
2002 $906 $3,888 $496 $1,315
2001 $855 $3,748 $483 $1,251
2000 $1,024 $3,667 $518 $1,196
1999 $776 $3,464 $611 $1,163
1998 $660 $3,602 $647 $1,130
1997 $804 $3,510 $696 $1,099
1996 $899 $3,547 $726 $1,048
1995 $770 $3,434 $713 $1,014
1994 $662 $3,327 $672 $976
1993 $1,034 $3,550 $671 $947
1992 $1,164 $3,608 $693 $908
1991 $1,113 $3,536 $656 $887
1990 $1,176 $3,437 $604 $871
1989 $1,033 - $570 -
1988 $984 - $574 -
1987 $1,052 - $505 -
1986 $872 - $506 -
1985 $1,049 - $4,062 -
1984 $1,097 - $3,362 -
1983 $1,075 - $2,823 -
1982 $1,131 - $2,273 -
1981 $1,066 - $1,876 -
1980 $933 - $1,931 -
1979 $670 - $1,790 -
1978 $503 - $1,658 -
1977 $448 - $1,440 -
1976 $453 - $1,431 -
1975 $471 - $1,311 -
1974 $370 - $1,243 -
1973 $353 - $1,143 -
1972 $276.3 - $948 -
1971 $223.5 - $825 -
1970 $196.7 - $753 -
1969 $195.4 - - -
1968 $190.8 - - -
1967 $185.7 - - -
1966 $177.6 - - -
1965 $164.2 - - -
1964 $158.1 - - -
1963 $150.7 - - -
1962 $149.6 - - -
1961 $139.9 - - -
1960 $124.7 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/congo/guinea | CC BY

The Congo's GDP per capita is $2,482, ranking 149/197, compared to $1,695 in Guinea, ranking 160/197. Adjusted for purchasing power (GDP per capita PPP), the Congo ranks 148th at $7,026, while Guinea ranks 161st at $4,565.

Economic indicators

Congo Guinea
Gross domestic product
$15.7B
2024
$25B
2024
GDP rank
141/197
2024
118/197
2024
GDP growth
2.58%
2023-2024
5.35%
2023-2024
GDP per capita
$2,482
2024
$1,695
2024
GDP per capita rank
149/197
2024
160/197
2024
GDP per capita, PPP
$7,026
2024
$4,565
2024
GDP per capita PPP rank
148/197
2024
161/197
2024
Government debt
$15.4B
2024
$12.2B
2024
Debt-to-GDP ratio
98%
2024
48.8%
2024
Government debt per person
$2,433
2024
$828
2024
Government debt per person rank
112/185
2024
147/185
2024
Average annual personal income after taxes
$2,153
2026
$20,020
2026
Income share by richest 10%
37.9%
2011
23.1%
2018
Income share by poorest 10%
1.6%
2011
3.5%
2018
Government expenditure, % of GDP
21.7%
2024
20.6%
2024
Consumer prices inflation
3.1%
2023-2024
4.7%
2023-2024
Unemployment rate
10%
2012
5.02%
2019
Population
6681829
15546235

Spending and national debt comparison by year

Congo
Spending

Debt
Guinea
Spending

Debt
1x
Year % of GDP
Congo Guinea
Government spending Government debt Government spending Government debt
2024 21.7% 98% 20.6% 48.8%
2023 20.7% 102.9% 18.3% 40.4%
2022 22.8% 93.5% 15.7% 37.9%
2021 20.9% 97.8% 15.1% 40.6%
2020 21.1% 102.5% 17.1% 45.3%
2019 20.2% 77.6% 14.9% 37.3%
2018 17.8% 71.2% 15.9% 37.5%
2017 26.6% 88.5% 17.3% 39.9%
2016 38.8% 84.6% 16.1% 40.6%
2015 41.3% 74.2% 21.7% 41.5%
2014 48.6% 42.3% 20.1% 32.1%
2013 42.4% 33.9% 18.6% 30.5%
2012 30.7% 30.2% 19.6% 26.9%
2011 27.9% 34.4% 16% 53.8%
2010 23% 43.5% 20.5% 71.1%
2009 24.4% 83.8% 16.2% 61.3%
2008 24.2% 69.6% 10.1% 58.5%
2007 28.6% 93.8% 8.66% 60.8%
2006 26.6% 94.7% 13.2% 95.2%
2005 22.1% 99.8% 11% 97.9%
2004 24.4% 122.6% 13% 86.9%
2003 27% 185.3% 14.7% 81.6%
2002 32.1% 163.5% 14.4% 82.6%
2001 29.1% 180.1% 14.9% 90.4%
2000 22.6% 145% 12.6% 91.5%
1999 28.8% 0% 11.6% 92.3%
1998 25.1% 0% 10.3% 75.9%
1997 22.2% 0% 12.6% 67.9%
1996 15.7% 0% 12% 67.7%
1995 27.6% 0% 12.7% 66.5%
1994 30.7% 0% 12.6% 71.3%
1993 32.8% 0% 13.3% 68.9%
1992 32.8% 0% 13.8% 62%
1991 34.1% 0% 16.3% 70.9%
1990 30.4% 0% 18.7% 71.6%
1989 20.3% 151.7% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1989, retrieved 2026-02-20).

GeoRank.org/economy/congo/guinea | CC BY

In 2024, the Congo's government spending was $3.4B, accounting for 21.7% of its GDP, while Guinea spent $5.14B, or 20.6% of GDP.

Debt-to-GDP ratio is 98% in the Congo and 48.8% in Guinea, ranking 25/185 and 111/185, respectively.

Government deficit by year

Deficit/surplus
Congo

Guinea
1x
Year Deficit/surplus, % of GDP
Congo Guinea
2024 3.62% -4.99%
2023 5.81% -3.86%
2022 8.94% -1.88%
2021 1.63% -1.7%
2020 -1.1% -3.08%
2019 4.3% -0.17%
2018 5.22% -0.97%
2017 -5.57% -1.98%
2016 -14.5% -0.08%
2015 -17.8% -6.53%
2014 -10.7% -3.01%
2013 -2.85% -3.86%
2012 7.24% 23.7%
2011 16.1% -0.92%
2010 15.5% -9.66%
2009 4.76% -4.87%
2008 23.9% 0.38%
2007 8.99% 1.28%
2006 16% -2.13%
2005 13.4% -1.06%
2004 3.33% -3.85%
2003 0.37% -4.65%
2002 -7.34% -3.37%
2001 -0.71% -3.23%
2000 1.05% -2.42%
1999 -4.75% -1.3%
1998 -5.16% 2.46%
1997 3.67% 0.07%
1996 9.2% -2.2%
1995 -6.38% -1.07%
1994 -10.6% -2.59%
1993 -11.3% -2.33%
1992 -12.7% -0.89%
1991 -11.2% -3.25%
1990 -4.1% -3.76%
1989 0.78% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1989, retrieved 2026-02-20).

GeoRank.org/economy/congo/guinea | CC BY

In 2024, the Congo's government surplus, the difference between spending and revenue, was $568M, equivalent to 3.62% of GDP. This compares to Guinea's deficit of $1.25B, or 4.99% of GDP.

Over the past 35 years, the Congo recorded a fiscal deficit in 16 of those years, while Guinea ran a deficit in 30 years. On average, the Congo posted an annual surplus equal to 0.75% of GDP, compared to deficit of 1.65% of GDP for Guinea.

Inflation comparison by year

Inflation
Congo

Guinea
1x
Year Consumer prices inflation
Congo Guinea
2024 3.1% 4.7%
2023 4.3% 5.4%
2022 3% 10.5%
2021 2% 12.6%
2020 1.4% 10.6%
2019 0.4% 9.5%
2018 1.2% 9.8%
2017 0.4% 8.9%
2016 3.2% 8.2%
2015 3.2% 8.2%
2014 0.9% 9.7%
2013 4.6% 11.9%
2012 5% 15.2%
2011 1.8% 21.4%
2010 0.4% 15.5%
2009 4.3% 4.7%
2008 6% 18.4%
2007 2.6% 22.9%
2006 4.7% 34.7%
2005 2.5% 31.4%
2004 3.7% 17.5%
2003 1.7% 11%
2002 3% 3%
2001 0.8% 5.4%
2000 0.5% 6.8%
1999 3% 4.6%
1998 2.2% 5.1%
1997 12.7% 1.9%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

GeoRank.org/economy/congo/guinea | CC BY

Over the past 28 years, the Congo has recorded an average annual inflation rate of 2.95%, compared with 11.8% in Guinea. In 2024, inflation was 3.1% in the Congo and 4.7% in Guinea.

Top exports between countries

Congo
Export category Export value
Miscellaneous $84K
Machinery & equipment $8K
Textiles & consumer goods $5K
Guinea
Export category Export value
Chemicals & pharma $20.7M
Textiles & consumer goods $30K
Machinery & equipment $18K
Miscellaneous $5K

Balance of trade

Congo Guinea
Current account balance
$1.72B
2021
-$392M
2024
Current account balance ranking
48/190
2021
104/190
2024
Current account balance, % of GDP
+11.6%
2021
-1.57%
2024
Goods imports
$2.78B
2021
$7.08B
2024
Goods exports
$7.51B
2021
$11.6B
2024
Service imports
$1.71B
2021
$3.15B
2024
Service exports
$240M
2021
$71.2M
2024
Imports of goods and services, % of GDP
40.4%
2024
56.4%
2024
Exports of goods and services, % of GDP
52.8%
2024
41.4%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Congo Guinea
Economic freedom 48.6 53.1
Economic freedom ranking 169/197 141/197
Property rights 28.7 21.3
Government integrity 13.9 26.7
Judicial effectiveness 15.4 26
Tax burden 73.7 70.1
Government spending 85.8 90.1
Fiscal health 80.8 74.8
Business freedom 35.8 44.8
Labor freedom 52.4 56.4
Monetary freedom 78.4 75.3
Trade freedom 52.8 61.8
Investment freedom 35 50
Financial freedom 30 40

Economic freedom comparison by year

Congo
Guinea
1x
Year Economic freedom index
Congo Guinea
2026 48.6 53.1
2025 48.6 54.6
2024 47.8 53.3
2023 48.1 53.2
2022 48.5 54.2
2021 50.7 56.5
2020 41.8 56.5
2019 39.7 55.7
2018 38.9 52.2
2017 40 47.6
2016 42.8 53.3
2015 42.7 52.1
2014 43.7 53.5
2013 43.5 51.2
2012 43.8 50.8
2011 43.6 51.7
2010 43.2 51.8
2009 45.4 51
2008 45.3 52.8
2007 44.4 54.5
2006 43.8 52.8
2005 46.2 57.4
2004 45.9 56.1
2003 47.7 54.6
2002 45.3 52.9
2001 44.3 58.4
2000 40.6 58.2
1999 41.6 59.4
1998 33.8 61
1997 42.2 52.9
1996 40.3 58.5
1995 - 59.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/congo/guinea | CC BY

The Economic Freedom Index for the Congo is 48.6, ranking 169/197, compared to 53.1 for Guinea, ranking 141/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Congo Guinea
Services, % of GDP
45%
2024
36.3%
2024
Industry, % of GDP
40.1%
2024
25.1%
2024
Agriculture, forestry, and fishing, % of GDP
9.44%
2024
31%
2024
GNI, Atlas method
$14.4B
2024
$21.3B
2024
GNI per capita, PPP
$6,340
2024
$4,130
2024
Total reserves including gold
$715M
2023
$1.89B
2023
Total reserves ranking
148/177
2023
128/177
2023
Net foreign direct investment
$330M
2021
-$1.4B
2024
Net inflows of foreign direct investment
$604M
2024
$1.4B
2024
Net outflows of foreign direct investment
$25.4M
2024
$30K
2024
Servicing debt to the IMF, % of GNI
7.67%
2024
1.94%
2024
Poverty at national poverty lines
40.9%
2011
47%
2020
Gross capital formation, % of GDP
26.8%
2024
32.1%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/congo/guinea | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2016–2022, retrieved 2026-02-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1989, retrieved 2026-02-20)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.