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Economy of Guinea vs Samoa compared: GDP & Debt

Updated on by Georank team

Guinea has a GDP of $25B compared to $1.18B for Samoa, ranking 118/197 and 185/197 by economy size, respectively.

Guinea has $12.2B in government debt (48.8% of GDP), compared to $296M (25.2% of GDP) in Samoa.

Guinea vs Samoa GDP by year

Guinea
Samoa
1x
Year GDP, current $
Guinea Samoa
2024 $25,008,678,293 $1,175,749,786
2023 $22,407,615,556 $1,044,909,500
2022 $19,910,452,542 $889,554,712
2021 $17,069,115,738 $859,724,936
2020 $14,088,693,743 $868,884,903
2019 $13,442,861,496 $912,950,466
2018 $11,857,030,367 $878,448,433
2017 $10,324,668,271 $884,844,384
2016 $8,595,955,222 $843,924,797
2015 $8,794,201,743 $824,150,499
2014 $8,778,473,373 $796,683,520
2013 $8,376,613,539 $797,736,334
2012 $7,638,044,557 $773,141,661
2011 $6,785,137,203 $744,097,050
2010 $6,853,467,146 $680,260,907
2009 $6,716,905,340 $628,006,115
2008 $6,964,179,983 $641,346,192
2007 $6,281,918,226 $573,548,460
2006 $4,220,019,845 $499,923,758
2005 $4,282,468,637 $476,801,793
2004 $5,300,767,961 $407,747,565
2003 $5,025,167,975 $333,426,188
2002 $4,301,608,753 $281,790,134
2001 $4,125,527,603 $266,299,591
2000 $4,367,458,867 $258,856,140
1999 $5,046,806,783 $255,408,060
1998 $5,232,118,046 $269,485,244
1997 $5,516,916,163 $285,475,592
1996 $5,641,243,100 $249,907,869
1995 $5,385,704,166 $224,865,731
1994 $4,932,800,407 $221,098,107
1993 $4,781,166,117 $133,122,897
1992 $4,789,220,417 $132,303,041
1991 $4,396,178,694 $125,597,205
1990 $3,888,320,666 $125,766,270
1989 $3,546,079,263 $122,888,610
1988 $3,476,480,303 $133,016,065
1987 $2,976,714,019 $111,713,922
1986 $2,909,130,355 $100,947,849
1985 $22,787,644,566 $95,572,173
1984 $18,421,497,251 $109,200,934
1983 $15,129,893,722 $111,862,824
1982 $11,926,032,493 $121,221,652
1981 $9,646,440,667 $118,190,655
1980 $9,746,524,915 $125,747,038
1979 $8,877,094,497 $122,257,393
1978 $8,087,305,999 $108,223,444
1977 $6,914,381,291 $98,295,671
1976 $6,762,781,871 $85,003,078
1975 $6,102,769,605 $93,489,283
1974 $5,691,417,541 $93,549,611
1973 $5,152,080,388 $82,452,985
1972 $4,203,069,035 $62,566,116
1971 $3,594,302,908 $53,719,569
1970 $3,220,224,608 $45,208,338

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

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

GDP per capita in Guinea vs Samoa by year

Guinea
GDP per capita

GDP per capita, PPP
Samoa
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guinea Samoa
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,695 $4,565 $5,393 $8,737
2023 $1,555 $4,334 $4,823 $8,195
2022 $1,417 $4,062 $4,132 $6,909
2021 $1,245 $3,739 $4,022 $6,350
2020 $1,054 $3,332 $4,100 $6,451
2019 $1,031 $3,106 $4,352 $6,638
2018 $933 $2,844 $4,232 $6,318
2017 $834 $2,687 $4,308 $6,280
2016 $712 $2,255 $4,147 $6,141
2015 $747 $1,930 $4,084 $5,682
2014 $765 $1,873 $3,983 $5,468
2013 $748 $1,842 $4,024 $5,387
2012 $699 $1,790 $3,935 $5,339
2011 $637 $1,705 $3,822 $5,494
2010 $659 $1,622 $3,524 $5,229
2009 $662 $1,567 $3,279 $4,906
2008 $704 $1,614 $3,374 $4,939
2007 $650 $1,558 $3,039 $4,713
2006 $447 $1,453 $2,663 $4,592
2005 $463 $1,422 $2,550 $4,379
2004 $585 $1,366 $2,189 $3,997
2003 $566 $1,328 $1,798 $3,792
2002 $496 $1,315 $1,528 $3,553
2001 $483 $1,251 $1,454 $3,335
2000 $518 $1,196 $1,425 $3,062
1999 $611 $1,163 $1,417 $2,871
1998 $647 $1,130 $1,506 $2,792
1997 $696 $1,099 $1,608 $2,722
1996 $726 $1,048 $1,419 $2,681
1995 $713 $1,014 $1,288 $2,478
1994 $672 $976 $1,277 $2,294
1993 $671 $947 $775 $2,323
1992 $693 $908 $777 $2,198
1991 $656 $887 $742 $2,166
1990 $604 $871 $744 $2,148
1989 $570 - $728 -
1988 $574 - $790 -
1987 $505 - $666 -
1986 $506 - $604 -
1985 $4,062 - $573 -
1984 $3,362 - $655 -
1983 $2,823 - $671 -
1982 $2,273 - $728 -
1981 $1,876 - $713 -
1980 $1,931 - $765 -
1979 $1,790 - $751 -
1978 $1,658 - $671 -
1977 $1,440 - $615 -
1976 $1,431 - $541 -
1975 $1,311 - $610 -
1974 $1,243 - $626 -
1973 $1,143 - $563 -
1972 $948 - $433 -
1971 $825 - $377 -
1970 $753 - $322 -

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

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

Guinea's GDP per capita is $1,695, ranking 160/197, compared to $5,393 in Samoa, ranking 117/197. Adjusted for purchasing power (GDP per capita PPP), Guinea ranks 161st at $4,565, while Samoa ranks 137th at $8,737.

Economic indicators

Guinea Samoa
Gross domestic product
$25B
2024
$1.18B
2024
GDP rank
118/197
2024
185/197
2024
GDP growth
5.35%
2023-2024
4.75%
2023-2024
GDP per capita
$1,695
2024
$5,393
2024
GDP per capita rank
160/197
2024
117/197
2024
GDP per capita, PPP
$4,565
2024
$8,737
2024
GDP per capita PPP rank
161/197
2024
137/197
2024
Government debt
$12.2B
2024
$296M
2024
Debt-to-GDP ratio
48.8%
2024
25.2%
2024
Government debt per person
$828
2024
$1,357
2024
Government debt per person rank
147/185
2024
135/185
2024
Average annual personal income after taxes
$20,020
2026
$3,750
2026
Income share by richest 10%
23.1%
2018
31.3%
2013
Income share by poorest 10%
3.5%
2018
2.7%
2013
Government expenditure, % of GDP
20.6%
2024
26.3%
2024
Consumer prices inflation
4.7%
2023-2024
2.17%
2023-2024
Central bank interest rate n/a
0.37%
2024
Unemployment rate
5.02%
2019
5.05%
2022
Population
15546235
220932

Spending and national debt comparison by year

Guinea
Spending

Debt
Samoa
Spending

Debt
1x
Year % of GDP
Guinea Samoa
Government spending Government debt Government spending Government debt
2024 20.6% 48.8% 26.3% 25.2%
2023 18.3% 40.4% 28.8% 31.8%
2022 15.7% 37.9% 31.1% 41%
2021 15.1% 40.6% 34.1% 45.4%
2020 17.1% 45.3% 30.5% 43.2%
2019 14.9% 37.3% 31.8% 44.3%
2018 15.9% 37.5% 30% 49.4%
2017 17.3% 39.9% 30.9% 46.7%
2016 16.1% 40.6% 27.3% 49%
2015 21.7% 41.5% 30.5% 56.4%
2014 20.1% 32.1% 35.3% 54.9%
2013 18.6% 30.5% 30.7% 54.1%
2012 19.6% 26.9% 33.6% 50.9%
2011 16% 53.8% 33.7% 41.5%
2010 20.5% 71.1% 29.4% 40.3%
2009 16.2% 61.3% 31.5% 33.3%
2008 10.1% 58.5% 27.7% 28.2%
2007 8.66% 60.8% 31.1% 31.5%
2006 13.2% 95.2% 27.7% 33.5%
2005 11% 97.9% 30.6% 34.2%
2004 13% 86.9% 27.3% 39.8%
2003 14.7% 81.6% 28.5% 42.8%
2002 14.4% 82.6% 30.7% 50.3%
2001 14.9% 90.4% 30% 53.8%
2000 12.6% 91.5% 30.4% 55.8%
1999 11.6% 92.3% 33.8% 59.4%
1998 10.3% 75.9% 28.1% 58.9%
1997 12.6% 67.9% 31% -
1996 12% 67.7% 38.9% -
1995 12.7% 66.5% 42.2% -
1994 12.6% 71.3% 54.1% -
1993 13.3% 68.9% 49.5% -
1992 13.8% 62% 43.4% -
1991 16.3% 70.9% - -
1990 18.7% 71.6% - -

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

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

In 2024, Guinea's government spending was $5.14B, accounting for 20.6% of its GDP, while Samoa spent $310M, or 26.3% of GDP.

Debt-to-GDP ratio is 48.8% in Guinea and 25.2% in Samoa, ranking 111/185 and 165/185, respectively.

Government deficit by year

Deficit/surplus
Guinea

Samoa
1x
Year Deficit/surplus, % of GDP
Guinea Samoa
2024 -4.99% 9.29%
2023 -3.86% 2.7%
2022 -1.88% 5.03%
2021 -1.7% 1.71%
2020 -3.08% 5.41%
2019 -0.17% 1.51%
2018 -0.97% 0.06%
2017 -1.98% -1.98%
2016 -0.08% -0.35%
2015 -6.53% -3.79%
2014 -3.01% -5.38%
2013 -3.86% -3.82%
2012 23.7% -7.43%
2011 -0.92% -5.25%
2010 -9.66% -5.49%
2009 -4.87% -2.98%
2008 0.38% -0.36%
2007 1.28% 0.55%
2006 -2.13% -0.44%
2005 -1.06% 0.23%
2004 -3.85% -0.74%
2003 -4.65% -0.51%
2002 -3.37% -1.77%
2001 -3.23% -1.96%
2000 -2.42% -0.62%
1999 -1.3% 0.27%
1998 2.46% 1.64%
1997 0.07% 1.92%
1996 -2.2% 1.21%
1995 -1.07% -5.82%
1994 -2.59% -9.51%
1993 -2.33% -13.2%
1992 -0.89% -9.89%
1991 -3.25% -
1990 -3.76% -

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

GeoRank.org/economy/guinea/samoa | 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 Samoa's surplus of $109M, or 9.29% of GDP.

Over the past 33 years, Guinea recorded a fiscal deficit in 28 of those years, while Samoa ran a deficit in 20 years. On average, Guinea posted an annual deficit equal to 1.54% of GDP, compared to deficit of 1.51% of GDP for Samoa.

Inflation comparison by year

Inflation
Guinea

Samoa
1x
Year Consumer prices inflation
Guinea Samoa
2024 4.7% 2.17%
2023 5.4% 7.92%
2022 10.5% 11%
2021 12.6% 3.13%
2020 10.6% -1.57%
2019 9.5% 0.98%
2018 9.8% 4.2%
2017 8.9% 1.75%
2016 8.2% 1.3%
2015 8.2% 0.72%
2014 9.7% -0.41%
2013 11.9% 0.61%
2012 15.2% 2.05%
2011 21.4% 5.24%
2010 15.5% 0.78%
2009 4.7% 6.32%
2008 18.4% 11.6%
2007 22.9% 5.58%
2006 34.7% 3.7%
2005 31.4% 1.86%
2004 17.5% 16.3%
2003 11% 0.12%
2002 3% 8.05%
2001 5.4% 3.84%
2000 6.8% 0.97%
1999 4.6% 0.27%
1998 5.1% 2.22%
1997 1.9% 6.86%

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/samoa | CC BY

Over the past 28 years, Guinea has recorded an average annual inflation rate of 11.8%, compared with 3.84% in Samoa. In 2024, inflation was 4.7% in Guinea and 2.17% in Samoa.

Balance of trade

Guinea Samoa
Current account balance
-$392M
2024
$65.6M
2024
Current account balance ranking
104/190
2024
72/190
2024
Current account balance, % of GDP
-1.57%
2024
+5.58%
2024
Goods imports
$7.08B
2024
$448M
2024
Goods exports
$11.6B
2024
$42.2M
2024
Service imports
$3.15B
2024
$128M
2024
Service exports
$71.2M
2024
$327M
2024
Imports of goods and services, % of GDP
56.4%
2024
48.9%
2024
Exports of goods and services, % of GDP
41.4%
2024
30.7%
2024

Economic freedom indices

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

Guinea Samoa
Economic freedom 53.1 68
Economic freedom ranking 141/197 52/197
Property rights 21.3 77.1
Government integrity 26.7 64.1
Judicial effectiveness 26 77.6
Tax burden 70.1 79.3
Government spending 90.1 75.2
Fiscal health 74.8 98.7
Business freedom 44.8 63.7
Labor freedom 56.4 73.7
Monetary freedom 75.3 69.4
Trade freedom 61.8 67.2
Investment freedom 50 40
Financial freedom 40 30

Economic freedom comparison by year

Guinea
Samoa
1x
Year Economic freedom index
Guinea Samoa
2026 53.1 68
2025 54.6 66.6
2024 53.3 67.2
2023 53.2 68.3
2022 54.2 68.3
2021 56.5 61.9
2020 56.5 62.1
2019 55.7 62.2
2018 52.2 61.5
2017 47.6 58.4
2016 53.3 63.5
2015 52.1 61.9
2014 53.5 61.1
2013 51.2 57.1
2012 50.8 60.5
2011 51.7 60.6
2010 51.8 60.4
2009 51 59.5
2008 52.8 -
2007 54.5 -
2006 52.8 -
2005 57.4 -
2004 56.1 -
2003 54.6 -
2002 52.9 -
2001 58.4 63.1
2000 58.2 60.8
1999 59.4 58.7
1998 61 49.9
1997 52.9 51.5
1996 58.5 47.6
1995 59.4 -

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

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

The Economic Freedom Index for Guinea is 53.1, ranking 141/197, compared to 68 for Samoa, ranking 52/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guinea Samoa
Services, % of GDP
36.3%
2024
69.4%
2024
Industry, % of GDP
25.1%
2024
10.6%
2024
Agriculture, forestry, and fishing, % of GDP
31%
2024
9.8%
2024
GNI, Atlas method
$21.3B
2024
$1.1B
2024
GNI per capita, PPP
$4,130
2024
$8,620
2024
Total reserves including gold
$1.89B
2023
$508M
2024
Total reserves ranking
128/177
2023
155/177
2024
Net foreign direct investment
-$1.4B
2024
-$1.69M
2024
Net inflows of foreign direct investment
$1.4B
2024
$3.74M
2024
Net outflows of foreign direct investment
$30K
2024
$2.05M
2024
Servicing debt to the IMF, % of GNI
1.94%
2024
3.15%
2024
Poverty at national poverty lines
47%
2020
21.9%
2018
Gross capital formation, % of GDP
32.1%
2024
29%
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/samoa | CC BY

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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. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)
  7. 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.