Skip to content

Economy of Guinea vs Poland compared: GDP & Debt

Updated on by Georank team

Guinea has a GDP of $25B compared to $918B for Poland, ranking 118/197 and 21/197 by economy size, respectively.

Guinea has $12.2B in government debt (48.8% of GDP), compared to $507B (55.3% of GDP) in Poland.

Guinea vs Poland GDP by year

Guinea
Poland
1x
Year GDP, current $
Guinea Poland
2024 $25,008,678,293 $917,767,106,147
2023 $22,407,615,556 $812,451,193,396
2022 $19,910,452,542 $695,607,470,875
2021 $17,069,115,738 $689,170,230,665
2020 $14,088,693,743 $605,914,237,904
2019 $13,442,861,496 $602,683,770,145
2018 $11,857,030,367 $594,616,687,350
2017 $10,324,668,271 $528,356,676,667
2016 $8,595,955,222 $473,259,583,970
2015 $8,794,201,743 $480,054,118,583
2014 $8,778,473,373 $542,134,167,179
2013 $8,376,613,539 $518,179,836,405
2012 $7,638,044,557 $498,148,649,703
2011 $6,785,137,203 $527,848,543,023
2010 $6,853,467,146 $478,111,630,684
2009 $6,716,905,340 $440,891,472,247
2008 $6,964,179,983 $535,612,030,672
2007 $6,281,918,226 $429,715,132,138
2006 $4,220,019,845 $345,897,630,736
2005 $4,282,468,637 $306,999,913,151
2004 $5,300,767,961 $256,268,656,145
2003 $5,025,167,975 $218,561,225,998
2002 $4,301,608,753 $199,694,463,256
2001 $4,125,527,603 $191,823,200,371
2000 $4,367,458,867 $172,953,527,033
1999 $5,046,806,783 $170,704,452,715
1998 $5,232,118,046 $175,282,269,667
1997 $5,516,916,163 $159,893,964,917
1996 $5,641,243,100 $160,813,026,223
1995 $5,385,704,166 $142,838,527,115
1994 $4,932,800,407 $110,803,635,288
1993 $4,781,166,117 $96,043,157,273
1992 $4,789,220,417 $94,337,050,693
1991 $4,396,178,694 $85,500,935,935
1990 $3,888,320,666 $65,977,748,211
1989 $3,546,079,263 -
1988 $3,476,480,303 -
1987 $2,976,714,019 -
1986 $2,909,130,355 -
1985 $22,787,644,566 -
1984 $18,421,497,251 -
1983 $15,129,893,722 -
1982 $11,926,032,493 -
1981 $9,646,440,667 -
1980 $9,746,524,915 -
1979 $8,877,094,497 -
1978 $8,087,305,999 -
1977 $6,914,381,291 -
1976 $6,762,781,871 -
1975 $6,102,769,605 -
1974 $5,691,417,541 -
1973 $5,152,080,388 -
1972 $4,203,069,035 -
1971 $3,594,302,908 -
1970 $3,220,224,608 -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

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

GDP per capita in Guinea vs Poland by year

Guinea
GDP per capita

GDP per capita, PPP
Poland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guinea Poland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,695 $4,565 $25,104 $51,263
2023 $1,555 $4,334 $22,145 $48,473
2022 $1,417 $4,062 $18,891 $46,778
2021 $1,245 $3,739 $18,636 $41,060
2020 $1,054 $3,332 $16,151 $37,089
2019 $1,031 $3,106 $15,875 $35,882
2018 $933 $2,844 $15,658 $32,345
2017 $834 $2,687 $13,913 $30,170
2016 $712 $2,255 $12,464 $28,360
2015 $747 $1,930 $12,638 $26,988
2014 $765 $1,873 $14,262 $25,460
2013 $748 $1,842 $13,622 $24,434
2012 $699 $1,790 $13,087 $23,728
2011 $637 $1,705 $13,868 $22,809
2010 $659 $1,622 $12,568 $20,991
2009 $662 $1,567 $11,556 $19,300
2008 $704 $1,614 $14,049 $18,372
2007 $650 $1,558 $11,273 $16,833
2006 $447 $1,453 $9,069 $15,205
2005 $463 $1,422 $8,044 $13,936
2004 $585 $1,366 $6,712 $13,413
2003 $566 $1,328 $5,721 $12,329
2002 $496 $1,315 $5,223 $11,841
2001 $483 $1,251 $5,015 $11,175
2000 $518 $1,196 $4,521 $10,721
1999 $611 $1,163 $4,416 $10,081
1998 $647 $1,130 $4,534 $9,521
1997 $696 $1,099 $4,137 $8,967
1996 $726 $1,048 $4,164 $8,310
1995 $713 $1,014 $3,701 $7,715
1994 $672 $976 $2,875 $7,040
1993 $671 $947 $2,497 $6,560
1992 $693 $908 $2,459 $6,193
1991 $656 $887 $2,236 $5,925
1990 $604 $871 $1,731 $6,185
1989 $570 - - -
1988 $574 - - -
1987 $505 - - -
1986 $506 - - -
1985 $4,062 - - -
1984 $3,362 - - -
1983 $2,823 - - -
1982 $2,273 - - -
1981 $1,876 - - -
1980 $1,931 - - -
1979 $1,790 - - -
1978 $1,658 - - -
1977 $1,440 - - -
1976 $1,431 - - -
1975 $1,311 - - -
1974 $1,243 - - -
1973 $1,143 - - -
1972 $948 - - -
1971 $825 - - -
1970 $753 - - -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

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

Guinea's GDP per capita is $1,695, ranking 160/197, compared to $25,104 in Poland, ranking 48/197. Adjusted for purchasing power (GDP per capita PPP), Guinea ranks 161st at $4,565, while Poland ranks 43rd at $51,263.

Economic indicators

Guinea Poland
Gross domestic product
$25B
2024
$918B
2024
GDP rank
118/197
2024
21/197
2024
GDP growth
5.35%
2023-2024
3.03%
2023-2024
GDP per capita
$1,695
2024
$25,104
2024
GDP per capita rank
160/197
2024
48/197
2024
GDP per capita, PPP
$4,565
2024
$51,263
2024
GDP per capita PPP rank
161/197
2024
43/197
2024
Government debt
$12.2B
2024
$507B
2024
Debt-to-GDP ratio
48.8%
2024
55.3%
2024
Government debt per person
$828
2024
$13,874
2024
Government debt per person rank
147/185
2024
41/185
2024
Average annual personal income after taxes
$20,020
2026
$20,736
2026
Market capitalization of domestic companies n/a
$197B
2024
Number of billionaires n/a
10
2025
Income share by richest 10%
23.1%
2018
22.9%
2023
Income share by poorest 10%
3.5%
2018
3.3%
2023
Government expenditure, % of GDP
20.6%
2024
49.4%
2024
Consumer prices inflation
4.7%
2023-2024
3.78%
2023-2024
Central bank interest rate n/a
4%
2025
Unemployment rate
5.02%
2019
2.81%
2024
Population
15546235
35806942

Spending and national debt comparison by year

Guinea
Spending

Debt
Poland
Spending

Debt
1x
Year % of GDP
Guinea Poland
Government spending Government debt Government spending Government debt
2024 20.6% 48.8% 49.4% 55.3%
2023 18.3% 40.4% 46.9% 49.5%
2022 15.7% 37.9% 43.2% 48.8%
2021 15.1% 40.6% 43.6% 53%
2020 17.1% 45.3% 47.7% 56.6%
2019 14.9% 37.3% 41.4% 45.2%
2018 15.9% 37.5% 41% 48.2%
2017 17.3% 39.9% 41.1% 50.4%
2016 16.1% 40.6% 41.1% 54.1%
2015 21.7% 41.5% 41.5% 51.1%
2014 20.1% 32.1% 42.7% 51.1%
2013 18.6% 30.5% 43.2% 56.9%
2012 19.6% 26.9% 43.2% 54.5%
2011 16% 53.8% 44.1% 54.8%
2010 20.5% 71.1% 46% 53.7%
2009 16.2% 61.3% 44.9% 49.7%
2008 10.1% 58.5% 44% 46.6%
2007 8.66% 60.8% 42.8% 44.4%
2006 13.2% 95.2% 44.3% 47.1%
2005 11% 97.9% 44.1% 46.5%
2004 13% 86.9% 43.3% 44.9%
2003 14.7% 81.6% 45.5% 46.4%
2002 14.4% 82.6% 45.1% 41.6%
2001 14.9% 90.4% 44.7% 37.2%
2000 12.6% 91.5% 43.1% 36.4%
1999 11.6% 92.3% 42.5% 39.4%
1998 10.3% 75.9% 44% 38.7%
1997 12.6% 67.9% 46.1% 42.7%
1996 12% 67.7% 50.7% 43.2%
1995 12.7% 66.5% 47.5% 48.7%
1994 12.6% 71.3% - 64.3%
1993 13.3% 68.9% - 83.9%
1992 13.8% 62% - 81.9%
1991 16.3% 70.9% - 76.9%
1990 18.7% 71.6% - 89.7%
1989 - - - -
1988 - - - -
1987 - - - -
1986 - - - -
1985 - - - -
1984 - - - -
1983 - - - -
1982 - - - -
1981 - - - -
1980 - - - -
1979 - - 35.6% -
1978 - - 35.8% -
1977 - - 35.6% -
1976 - - 34.8% -
1975 - - 34.1% -
1974 - - 28.6% -
1973 - - 24.5% -
1972 - - 24.1% -
1971 - - 24.1% -
1970 - - 25.8% -
1969 - - 26.3% -
1968 - - 27.3% -
1967 - - 29.6% -
1966 - - 31.7% -
1965 - - 31.8% -
1964 - - 33.5% -
1963 - - 33.3% -
1962 - - 43% -
1961 - - 42.8% -
1960 - - 39.2% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1994, retrieved 2026-02-20).

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

In 2024, Guinea's government spending was $5.14B, accounting for 20.6% of its GDP, while Poland spent $453B, or 49.4% of GDP.

Debt-to-GDP ratio is 48.8% in Guinea and 55.3% in Poland, ranking 111/185 and 95/185, respectively.

Government deficit by year

Deficit/surplus
Guinea

Poland
1x
Year Deficit/surplus, % of GDP
Guinea Poland
2024 -4.99% -6.59%
2023 -3.86% -5.27%
2022 -1.88% -3.44%
2021 -1.7% -1.75%
2020 -3.08% -6.85%
2019 -0.17% -0.73%
2018 -0.97% -0.24%
2017 -1.98% -1.49%
2016 -0.08% -2.38%
2015 -6.53% -2.59%
2014 -3.01% -3.66%
2013 -3.86% -4.25%
2012 23.7% -3.8%
2011 -0.92% -4.97%
2010 -9.66% -7.43%
2009 -4.87% -7.24%
2008 0.38% -3.6%
2007 1.28% -1.88%
2006 -2.13% -3.53%
2005 -1.06% -3.93%
2004 -3.85% -4.99%
2003 -4.65% -6.02%
2002 -3.37% -4.8%
2001 -3.23% -4.73%
2000 -2.42% -4%
1999 -1.3% -2.3%
1998 2.46% -4.25%
1997 0.07% -4.61%
1996 -2.2% -4.84%
1995 -1.07% -4.39%
1994 -2.59% -
1993 -2.33% -
1992 -0.89% -
1991 -3.25% -
1990 -3.76% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Guinea's government deficit, the difference between spending and revenue, was $1.25B, equivalent to 4.99% of GDP. This compares to Poland's deficit of $60.4B, or 6.59% of GDP.

Over the past 30 years, Guinea recorded a fiscal deficit in 25 of those years, while Poland ran a deficit in 30 years. On average, Guinea posted an annual deficit equal to 1.5% of GDP, compared to deficit of 4.02% of GDP for Poland.

Inflation comparison by year

Inflation
Guinea

Poland
1x
Year Consumer prices inflation
Guinea Poland
2024 4.7% 3.78%
2023 5.4% 11.5%
2022 10.5% 14.4%
2021 12.6% 5.06%
2020 10.6% 3.37%
2019 9.5% 2.23%
2018 9.8% 1.81%
2017 8.9% 2.08%
2016 8.2% -0.66%
2015 8.2% -0.87%
2014 9.7% 0.05%
2013 11.9% 0.99%
2012 15.2% 3.56%
2011 21.4% 4.24%
2010 15.5% 2.58%
2009 4.7% 3.8%
2008 18.4% 4.16%
2007 22.9% 2.46%
2006 34.7% 1.28%
2005 31.4% 2.18%
2004 17.5% 3.38%
2003 11% 0.68%
2002 3% 1.91%
2001 5.4% 5.41%
2000 6.8% 9.9%
1999 4.6% 7.15%
1998 5.1% 11.6%
1997 1.9% 14.9%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Guinea has recorded an average annual inflation rate of 11.8%, compared with 4.39% in Poland. In 2024, inflation was 4.7% in Guinea and 3.78% in Poland.

Top exports between countries

Guinea
Export category Export value
Raw materials & minerals $5.13M
Poland
Export category Export value
Raw agricultural goods $55.3M
Processed food, beverages & tobacco $36.3M
Animal & marine products $16.9M
Textiles & consumer goods $8.54M
Machinery & equipment $3.5M
Raw materials & minerals $991K
Metals $527K
Chemicals & pharma $95K
Wood & paper products $54K
Precious metals & jewellery $45K

Balance of trade

Guinea Poland
Current account balance
-$392M
2024
$2.8B
2024
Current account balance ranking
104/190
2024
40/190
2024
Current account balance, % of GDP
-1.57%
2024
+0.3%
2024
Goods imports
$7.08B
2024
$367B
2024
Goods exports
$11.6B
2024
$361B
2024
Service imports
$3.15B
2024
$74.9B
2024
Service exports
$71.2M
2024
$118B
2024
Imports of goods and services, % of GDP
56.4%
2024
48.2%
2024
Exports of goods and services, % of GDP
41.4%
2024
52.2%
2024

Economic freedom indices

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

Guinea Poland
Economic freedom 53.1 68.5
Economic freedom ranking 141/197 46/197
Property rights 21.3 71.8
Government integrity 26.7 60.7
Judicial effectiveness 26 62.5
Tax burden 70.1 72.7
Government spending 90.1 35.1
Fiscal health 74.8 74.8
Business freedom 44.8 77.5
Labor freedom 56.4 53.7
Monetary freedom 75.3 73.8
Trade freedom 61.8 79.4
Investment freedom 50 80
Financial freedom 40 80

Economic freedom comparison by year

Guinea
Poland
1x
Year Economic freedom index
Guinea Poland
2026 53.1 68.5
2025 54.6 67.1
2024 53.3 66
2023 53.2 67.7
2022 54.2 68.7
2021 56.5 69.7
2020 56.5 69.1
2019 55.7 67.8
2018 52.2 68.5
2017 47.6 68.3
2016 53.3 69.3
2015 52.1 68.6
2014 53.5 67
2013 51.2 66
2012 50.8 64.2
2011 51.7 64.1
2010 51.8 63.2
2009 51 60.3
2008 52.8 60.3
2007 54.5 58.1
2006 52.8 59.3
2005 57.4 59.6
2004 56.1 58.7
2003 54.6 61.8
2002 52.9 65
2001 58.4 61.8
2000 58.2 60
1999 59.4 59.6
1998 61 59.2
1997 52.9 56.8
1996 58.5 57.8
1995 59.4 50.7

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

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

The Economic Freedom Index for Guinea is 53.1, ranking 141/197, compared to 68.5 for Poland, ranking 46/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guinea Poland
Services, % of GDP
36.3%
2024
59.1%
2024
Industry, % of GDP
25.1%
2024
27.2%
2024
Agriculture, forestry, and fishing, % of GDP
31%
2024
2.54%
2024
GNI, Atlas method
$21.3B
2024
$789B
2024
GNI per capita, PPP
$4,130
2024
$49,540
2024
Total reserves including gold
$1.89B
2023
$223B
2024
Total reserves ranking
128/177
2023
17/177
2024
Net foreign direct investment
-$1.4B
2024
-$10.6B
2024
Net inflows of foreign direct investment
$1.4B
2024
$20.6B
2024
Net outflows of foreign direct investment
$30K
2024
$10B
2024
Servicing debt to the IMF, % of GNI
1.94%
2024
n/a
Poverty at national poverty lines
47%
2020
13.3%
2024
Gross capital formation, % of GDP
32.1%
2024
17.8%
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/guinea/poland | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1970–2024, 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. International Monetary Fund (IMF) | Public Finances in Modern History (1960–1994, retrieved 2026-02-20)
  6. TradeMap (2016–2024, retrieved 2026-02-08)
  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.