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Economy of Guinea vs Slovenia compared: GDP & Debt

Updated on by Georank

Guinea has a GDP of $28.3B compared to $79.6B for Slovenia, ranking 117/197 and 86/197 by economy size, respectively.

Guinea has $13.6B in government debt (48.1% of GDP), compared to $52.5B (65.9% of GDP) in Slovenia.

Guinea vs Slovenia GDP by year

Guinea
Slovenia
1x
Year GDP, current $
Guinea Slovenia
2025 $28,346,024,753 $79,648,204,979
2024 $25,008,678,293 $72,972,015,197
2023 $22,407,615,556 $69,255,264,238
2022 $19,910,452,542 $59,899,117,741
2021 $17,069,115,738 $61,540,813,362
2020 $14,088,693,743 $53,384,760,135
2019 $13,442,861,496 $53,909,922,736
2018 $11,857,030,367 $53,689,067,640
2017 $10,324,668,271 $48,153,200,135
2016 $8,595,955,222 $44,290,685,824
2015 $8,794,201,743 $42,709,468,275
2014 $8,778,473,373 $49,514,466,380
2013 $8,376,613,539 $47,867,056,859
2012 $7,638,044,557 $46,167,053,954
2011 $6,785,137,203 $51,199,194,599
2010 $6,853,467,146 $47,793,117,241
2009 $6,716,905,340 $49,975,540,955
2008 $6,964,179,983 $55,509,332,322
2007 $6,281,918,226 $47,880,266,543
2006 $4,220,019,845 $39,260,368,837
2005 $4,282,468,637 $35,947,936,824
2004 $5,300,767,961 $34,156,553,313
2003 $5,025,167,975 $29,360,575,032
2002 $4,301,608,753 $23,214,593,516
2001 $4,125,527,603 $20,668,868,707
2000 $4,367,458,867 $20,159,190,702
1999 $5,046,806,783 $22,609,669,084
1998 $5,232,118,046 $22,058,635,314
1997 $5,516,916,163 $20,726,878,752
1996 $5,641,243,100 $21,470,699,363
1995 $5,385,704,166 $21,367,422,159
1994 $4,932,800,407 $16,400,767,070
1993 $4,781,166,117 $14,449,298,372
1992 $4,789,220,417 $14,277,261,541
1991 $4,396,178,694 $14,454,495,059
1990 $3,888,320,666 $19,832,029,087
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 (1970–2025, retrieved 2026-07-08).

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

GDP per capita in Guinea vs Slovenia by year

Guinea
GDP per capita

GDP per capita, PPP
Slovenia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guinea Slovenia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,877 - $37,376 -
2024 $1,695 $4,565 $34,301 $57,186
2023 $1,555 $4,334 $32,660 $56,064
2022 $1,417 $4,062 $28,360 $52,347
2021 $1,245 $3,739 $29,193 $45,914
2020 $1,054 $3,332 $25,392 $41,767
2019 $1,031 $3,106 $25,814 $42,373
2018 $933 $2,844 $25,888 $38,620
2017 $834 $2,687 $23,303 $36,180
2016 $712 $2,255 $21,448 $33,575
2015 $747 $1,930 $20,697 $31,336
2014 $765 $1,873 $24,013 $30,572
2013 $748 $1,842 $23,237 $29,634
2012 $699 $1,790 $22,442 $28,787
2011 $637 $1,705 $24,941 $28,716
2010 $659 $1,622 $23,330 $27,579
2009 $662 $1,567 $24,502 $27,229
2008 $704 $1,614 $27,462 $29,461
2007 $650 $1,558 $23,725 $27,468
2006 $447 $1,453 $19,563 $25,571
2005 $463 $1,422 $17,970 $23,682
2004 $585 $1,366 $17,104 $22,588
2003 $566 $1,328 $14,712 $20,916
2002 $496 $1,315 $11,639 $20,004
2001 $483 $1,251 $10,376 $18,763
2000 $518 $1,196 $10,136 $17,892
1999 $611 $1,163 $11,401 $17,007
1998 $647 $1,130 $11,132 $15,994
1997 $696 $1,099 $10,437 $15,257
1996 $726 $1,048 $10,797 $14,284
1995 $713 $1,014 $10,738 $13,637
1994 $672 $976 $8,244 $13,975
1993 $671 $947 $7,255 $12,976
1992 $693 $908 $7,151 $12,296
1991 $656 $887 $7,229 $12,698
1990 $604 $871 $9,925 $13,491
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 (1970–2025, retrieved 2026-07-08).

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

Guinea's GDP per capita is $1,877, ranking 161/197, compared to $37,376 in Slovenia, ranking 32/197. Adjusted for purchasing power (GDP per capita PPP), Guinea ranks 161st at $4,565, while Slovenia ranks 37th at $57,186.

Economic indicators

Guinea Slovenia
Gross domestic product
$28.3B
2025
$79.6B
2025
GDP rank
117/197
2025
86/197
2025
GDP growth
7.45%
2024-2025
1.06%
2024-2025
GDP per capita
$1,877
2025
$37,376
2025
GDP per capita rank
161/197
2025
32/197
2025
GDP per capita, PPP
$4,565
2024
$57,186
2024
GDP per capita PPP rank
161/197
2024
37/197
2024
Government debt
$13.6B
2025
$52.5B
2025
Debt-to-GDP ratio
48.1%
2025
65.9%
2025
Government debt per person
$902
2025
$24,627
2025
Government debt per person rank
146/185
2025
29/185
2025
Average annual personal income after taxes
$1,966
2026
$22,481
2026
Market capitalization of domestic companies n/a
$20.7B
2025
Income share by richest 10%
23.1%
2018
20.6%
2023
Income share by poorest 10%
3.5%
2018
4.1%
2023
Government expenditure, % of GDP
25.2%
2025
48.5%
2025
Consumer prices inflation
3.1%
2024-2025
2.37%
2024-2025
Unemployment rate
5.02%
2019
3.9%
2025
Population
15624314
2128778

Spending and national debt comparison by year

Guinea
Spending

Debt
Slovenia
Spending

Debt
1x
Year % of GDP
Guinea Slovenia
Government spending Government debt Government spending Government debt
2025 25.2% 48.1% 48.5% 65.9%
2024 20.6% 48.3% 46.5% 66.6%
2023 18.3% 39.8% 46.5% 68.3%
2022 15.7% 37.2% 47.7% 72.8%
2021 15.1% 40.6% 49.9% 74.8%
2020 17.1% 45.3% 51.8% 80.2%
2019 14.9% 37.3% 43.8% 66%
2018 15.9% 37.5% 44.1% 71%
2017 17.3% 39.9% 44.6% 74.9%
2016 16.1% 40.6% 46.9% 79.4%
2015 21.7% 41.5% 49.5% 83.4%
2014 20.1% 32.1% 50.6% 81.1%
2013 18.6% 30.5% 57.7% 70.8%
2012 19.6% 26.9% 50% 54.1%
2011 16% 53.8% 51.4% 46.8%
2010 20.5% 71.1% 50.7% 38.6%
2009 16.2% 61.3% 50% 34.9%
2008 10.1% 58.5% 45.2% 21.9%
2007 8.66% 60.8% 43.5% 22.9%
2006 13.2% 95.2% 45.7% 26.2%
2005 11% 97.9% 46.7% 26.6%
2004 13% 86.9% 46.9% 27.1%
2003 14.7% 81.6% 47.6% 27%
2002 14.4% 82.6% 47.8% 27.7%
2001 14.9% 90.4% 49.2% 26.3%
2000 12.6% 91.5% 47.8% 26.1%
1999 11.6% 92.3% 47.2% 23.8%
1998 10.3% 75.9% 46.4% 22.8%
1997 12.6% 67.9% 45.4% 22.1%
1996 12% 67.7% 45.2% 21.6%
1995 12.7% 66.5% 53% 18.2%
1994 12.6% 71.3% - -
1993 13.3% 68.9% - -
1992 13.8% 62% - -
1991 16.3% 70.9% - -
1990 18.7% 71.6% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Guinea's government spending was $7.13B, accounting for 25.2% of its GDP, while Slovenia spent $38.6B, or 48.5% of GDP.

Debt-to-GDP ratio is 48.1% in Guinea and 65.9% in Slovenia, ranking 111/185 and 65/185, respectively.

Government deficit by year

Deficit/surplus
Guinea

Slovenia
1x
Year Deficit/surplus, % of GDP
Guinea Slovenia
2025 -7% -2.35%
2024 -4.99% -0.94%
2023 -3.86% -2.58%
2022 -1.88% -3.01%
2021 -1.7% -4.61%
2020 -3.08% -7.68%
2019 -0.17% 0.68%
2018 -0.97% 0.9%
2017 -1.98% 0.05%
2016 -0.08% -2%
2015 -6.53% -2.84%
2014 -3.01% -4.53%
2013 -3.86% -11.2%
2012 23.7% -4.2%
2011 -0.92% -6.69%
2010 -9.66% -5.56%
2009 -4.87% -5.87%
2008 0.38% -1.44%
2007 1.28% -0.08%
2006 -2.13% -1.26%
2005 -1.06% -1.38%
2004 -3.85% -1.98%
2003 -4.65% -2.66%
2002 -3.37% -2.47%
2001 -3.23% -4.58%
2000 -2.42% -3.77%
1999 -1.3% -3.04%
1998 2.46% -2.39%
1997 0.07% -2.37%
1996 -2.2% -1.16%
1995 -1.07% -8.19%
1994 -2.59% -
1993 -2.33% -
1992 -0.89% -
1991 -3.25% -
1990 -3.76% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Guinea's government deficit, the difference between spending and revenue, was $1.98B, equivalent to 7% of GDP. This compares to Slovenia's deficit of $1.87B, or 2.35% of GDP.

Over the past 31 years, Guinea recorded a fiscal deficit in 26 of those years, while Slovenia ran a deficit in 28 years. On average, Guinea posted an annual deficit equal to 1.68% of GDP, compared to deficit of 3.2% of GDP for Slovenia.

Inflation comparison by year

Inflation
Guinea

Slovenia
1x
Year Consumer prices inflation
Guinea Slovenia
2025 3.1% 2.37%
2024 4.5% 1.97%
2023 5.4% 7.45%
2022 10.5% 8.83%
2021 12.6% 1.92%
2020 10.6% -0.05%
2019 9.5% 1.63%
2018 9.8% 1.74%
2017 8.9% 1.43%
2016 8.2% -0.05%
2015 8.2% -0.53%
2014 9.7% 0.2%
2013 11.9% 1.77%
2012 15.2% 2.6%
2011 21.4% 1.8%
2010 15.5% 1.8%
2009 4.7% 0.84%
2008 18.4% 5.65%
2007 22.9% 3.66%
2006 34.7% 2.46%
2005 31.4% 2.45%
2004 17.5% 3.59%
2003 11% 5.54%
2002 3% 7.48%
2001 5.4% 8.38%
2000 6.8% 8.91%
1999 4.6% 6.16%
1998 5.1% 7.89%
1997 1.9% 8.36%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Guinea has recorded an average annual inflation rate of 11.5%, compared with 3.66% in Slovenia. In 2025, inflation was 3.1% in Guinea and 2.37% in Slovenia.

Top exports between countries

Guinea
Export category Export value
Miscellaneous $4K
Slovenia
Export category Export value
Textiles & consumer goods $46M
Chemicals & pharma $742K
Machinery & equipment $733K
Metals $348K
Wood & paper products $233K
Raw agricultural goods $63K
Animal & marine products $47K
Raw materials & minerals $6K

Balance of trade

Guinea Slovenia
Current account balance
-$392M
2024
$2.83B
2025
Current account balance ranking
101/190
2024
39/190
2025
Current account balance, % of GDP
-1.57%
2024
+3.55%
2025
Goods imports
$7.08B
2024
$47.9B
2025
Goods exports
$11.6B
2024
$47.7B
2025
Service imports
$3.15B
2024
$10.8B
2025
Service exports
$71.2M
2024
$15.3B
2025
Imports of goods and services, % of GDP
62.3%
2025
73.3%
2025
Exports of goods and services, % of GDP
41.4%
2025
78.6%
2025

Economic freedom indices

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

Guinea Slovenia
Economic freedom 53.1 69.7
Economic freedom ranking 141/197 40/197
Property rights 21.3 87.6
Government integrity 26.7 66.1
Judicial effectiveness 26 91.6
Tax burden 70.1 55.5
Government spending 90.1 34.1
Fiscal health 74.8 83.5
Business freedom 44.8 78.7
Labor freedom 56.4 62.7
Monetary freedom 75.3 77.5
Trade freedom 61.8 79.4
Investment freedom 50 70
Financial freedom 40 50

Economic freedom comparison by year

Guinea
Slovenia
1x
Year Economic freedom index
Guinea Slovenia
2026 53.1 69.7
2025 54.6 68.3
2024 53.3 65.9
2023 53.2 68.5
2022 54.2 70.5
2021 56.5 68.3
2020 56.5 67.8
2019 55.7 65.5
2018 52.2 64.8
2017 47.6 59.2
2016 53.3 60.6
2015 52.1 60.3
2014 53.5 62.7
2013 51.2 61.7
2012 50.8 62.9
2011 51.7 64.6
2010 51.8 64.7
2009 51 62.9
2008 52.8 60.2
2007 54.5 59.6
2006 52.8 61.9
2005 57.4 59.6
2004 56.1 59.2
2003 54.6 57.7
2002 52.9 57.8
2001 58.4 61.8
2000 58.2 58.3
1999 59.4 61.3
1998 61 60.7
1997 52.9 55.6
1996 58.5 50.4
1995 59.4 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Guinea is 53.1, ranking 141/197, compared to 69.7 for Slovenia, ranking 40/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guinea Slovenia
Services, % of GDP
35.7%
2025
58.6%
2025
Industry, % of GDP
25.4%
2025
28.3%
2025
Agriculture, forestry, and fishing, % of GDP
31.3%
2025
1.63%
2025
GNI, Atlas method
$26.2B
2025
$75.7B
2025
GNI per capita, PPP
$4,730
2025
$58,880
2025
Total reserves including gold
$1.35B
2024
$3.55B
2025
Total reserves ranking
137/177
2024
115/177
2025
Net foreign direct investment
-$1.4B
2024
-$738M
2025
Net inflows of foreign direct investment
$1.4B
2024
$1.87B
2024
Net outflows of foreign direct investment
$30K
2024
$1.46B
2024
Servicing debt to the IMF, % of GNI
1.94%
2024
n/a
Poverty at national poverty lines
47%
2020
12.7%
2022
Gross capital formation, % of GDP
37%
2025
22%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2016–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)
  8. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)

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.