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Economy of Guinea vs United States compared: GDP & Debt

Updated on by Georank team

Guinea has a GDP of $25.3B compared to $29.2T for the United States, ranking 117/197 and 1/197 by economy size, respectively.

Guinea has $12.1B in government debt (39.6% of GDP), compared to $35.3T (122.5% of GDP) in the United States.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Guinea
GDP, current $

GDP, constant 2015 $
United States
GDP, current $

GDP, constant 2015 $
Year GDP
Guinea United States
Current $ Constant $ Current $ Constant $
1960 - - $542,390,475,099 $3,406,320,762,469
1961 - - $562,640,778,342 $3,493,704,590,510
1962 - - $604,729,643,906 $3,707,855,986,272
1963 - - $638,380,883,119 $3,869,417,876,418
1964 - - $685,631,590,687 $4,092,402,635,290
1965 - - $743,503,780,837 $4,358,345,546,392
1966 - - $814,082,043,611 $4,645,793,322,317
1967 - - $860,737,154,024 $4,773,211,933,326
1968 - - $941,639,100,804 $5,007,791,880,197
1969 - - $1,018,471,133,697 $5,164,159,048,266
1970 $3,220,224,608 $1,942,094,537 $1,073,303,000,000 $5,173,693,085,767
1971 $3,594,302,908 $2,046,303,804 $1,164,850,000,000 $5,344,048,439,509
1972 $4,203,069,035 $2,093,679,410 $1,279,110,000,000 $5,624,905,010,373
1973 $5,152,080,388 $2,126,493,372 $1,425,376,000,000 $5,942,469,134,010
1974 $5,691,417,541 $2,238,138,977 $1,545,243,000,000 $5,910,347,105,857
1975 $6,102,769,605 $2,302,528,458 $1,684,904,000,000 $5,898,194,297,823
1976 $6,762,781,871 $2,484,966,268 $1,873,412,000,000 $6,215,991,006,431
1977 $6,914,381,291 $2,401,643,613 $2,081,826,000,000 $6,503,430,023,927
1978 $8,087,305,999 $2,564,865,665 $2,351,599,000,000 $6,863,408,303,981
1979 $8,877,094,497 $2,533,885,660 $2,627,333,000,000 $7,080,703,002,910
1980 $9,746,524,915 $2,599,801,856 $2,857,307,000,000 $7,062,521,475,645
1981 $9,646,440,667 $2,615,653,814 $3,207,041,000,000 $7,241,747,172,534
1982 $11,926,032,493 $2,662,735,707 $3,343,789,000,000 $7,111,177,473,088
1983 $15,129,893,722 $2,697,351,587 $3,634,038,000,000 $7,437,138,984,659
1984 $18,421,497,251 $2,735,114,764 $4,037,613,000,000 $7,975,324,064,261
1985 $22,787,644,566 $2,871,868,604 $4,338,979,000,000 $8,307,861,210,352
1986 $2,909,130,355 $2,961,299,742 $4,579,631,000,000 $8,595,533,785,978
1987 $2,976,714,019 $3,059,020,822 $4,855,215,000,000 $8,892,477,646,208
1988 $3,476,480,303 $3,251,987,426 $5,236,438,000,000 $9,263,914,872,018
1989 $3,546,079,263 $3,382,179,962 $5,641,580,000,000 $9,604,107,858,980
1990 $3,888,320,666 $3,528,427,546 $5,963,144,000,000 $9,785,238,027,789
1991 $4,396,178,694 $3,620,640,283 $6,158,129,000,000 $9,774,639,354,479
1992 $4,789,220,417 $3,739,069,519 $6,520,327,000,000 $10,118,950,749,801
1993 $4,781,166,117 $3,927,673,590 $6,858,559,000,000 $10,397,403,618,243
1994 $4,932,800,407 $4,083,606,124 $7,287,236,000,000 $10,816,317,372,939
1995 $5,385,704,166 $4,271,765,349 $7,639,749,000,000 $11,106,673,920,743
1996 $5,641,243,100 $4,462,353,367 $8,073,122,000,000 $11,525,703,481,346
1997 $5,516,916,163 $4,693,574,824 $8,577,552,000,000 $12,038,266,260,922
1998 $5,232,118,046 $4,864,614,381 $9,062,817,000,000 $12,577,957,790,462
1999 $5,046,806,783 $5,050,053,677 $9,631,172,000,000 $13,180,243,872,015
2000 $4,367,458,867 $5,176,459,579 $10,250,952,000,000 $13,717,679,619,283
2001 $4,125,527,603 $5,365,832,406 $10,581,929,000,000 $13,848,757,307,663
2002 $4,301,608,753 $5,642,956,694 $10,929,108,000,000 $14,084,248,131,241
2003 $5,025,167,975 $5,713,414,722 $11,456,450,000,000 $14,477,988,212,153
2004 $5,300,767,961 $5,847,115,330 $12,217,196,000,000 $15,035,068,144,476
2005 $4,282,468,637 $6,022,369,313 $13,039,197,000,000 $15,558,822,251,117
2006 $4,220,019,845 $6,094,011,546 $13,815,583,000,000 $15,992,063,823,933
2007 $6,281,918,226 $6,509,469,022 $14,474,228,000,000 $16,312,522,122,065
2008 $6,964,179,983 $6,778,506,429 $14,769,862,000,000 $16,331,051,067,049
2009 $6,716,905,340 $6,702,408,066 $14,478,067,000,000 $15,910,281,498,378
2010 $6,853,467,146 $7,025,019,106 $15,048,971,000,000 $16,339,094,225,153
2011 $6,785,137,203 $7,419,271,030 $15,599,732,000,000 $16,594,704,135,317
2012 $7,638,044,557 $7,858,142,150 $16,253,970,000,000 $16,974,575,729,098
2013 $8,376,613,539 $8,168,199,850 $16,880,683,000,000 $17,334,068,402,874
2014 $8,778,473,373 $8,470,141,696 $17,608,138,000,000 $17,771,549,055,751
2015 $8,794,201,743 $8,794,201,743 $18,295,019,000,000 $18,295,019,000,000
2016 $8,595,955,222 $9,745,789,528 $18,804,913,000,000 $18,627,887,993,268
2017 $10,324,668,271 $10,749,606,370 $19,612,102,000,000 $19,085,691,122,935
2018 $11,857,030,367 $11,433,119,224 $20,656,516,000,000 $19,651,869,117,583
2019 $13,442,861,496 $12,075,307,752 $21,539,982,000,000 $20,159,639,089,698
2020 $14,088,693,743 $12,643,401,589 $21,354,105,000,000 $19,723,580,221,938
2021 $17,069,115,738 $13,349,198,344 $23,681,171,000,000 $20,917,853,444,668
2022 $19,910,452,542 $13,879,482,946 $26,006,893,000,000 $21,443,388,432,051
2023 $22,407,615,556 $14,648,645,956 $27,720,709,000,000 $22,062,578,283,267
2024 $25,334,307,879 $15,479,007,958 $29,184,890,000,000 $22,679,489,969,556

Economic indicators

Guinea United States
Gross domestic product
$25.3B
2024
$29.2T
2024
GDP rank
117/197
2024
1/197
2024
GDP growth
13.1%
2023-2024
5.28%
2023-2024
GDP per capita
$1,717
2024
$85,810
2024
GDP per capita rank
161/197
2024
9/197
2024
GDP per capita, PPP
$4,579
2024
$85,810
2024
Government debt
$12.1B
2024
$35.3T
2024
Debt-to-GDP ratio
39.6%
2025
122.5%
2025
Government debt per person
$821
2024
$103,646
2024
Government debt per person rank
147/185
2024
2/185
2024
Average annual personal income after taxes
$23,703
2025
$54,474
2025
Market capitalization of domestic companies n/a
$62.2T
2024
Number of millionaires n/a
21,951,319
2024
Number of billionaires n/a
902
2025
Income share by richest 10%
23.1%
2018
30.4%
2023
Income share by poorest 10%
3.5%
2018
1.8%
2023
Government expenditure, % of GDP
17.3%
2025
37.8%
2025
Consumer prices inflation
3.1%
2024-2025
2.95%
2023-2024
Central bank interest rate n/a
4.25%
2025
Unemployment rate
5.02%
2019
4.02%
2024
Population
15374667
343323530

GDP per capita in Guinea vs United States

Guinea's GDP per capita is $1,717, ranking 161/197, compared to $85,810 in the United States, ranking 9/197. Adjusted for purchasing power (GDP per capita PPP), Guinea ranks 161st at $4,579, while the United States ranks 11th at $85,810.

Guinea
GDP per capita

GDP per capita, PPP
United States
GDP per capita

GDP per capita, PPP
Year Current $
Guinea United States
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 - - $3,002 -
1961 - - $3,063 -
1962 - - $3,242 -
1963 - - $3,373 -
1964 - - $3,573 -
1965 - - $3,827 -
1966 - - $4,142 -
1967 - - $4,332 -
1968 - - $4,692 -
1969 - - $5,025 -
1970 $753 - $5,234 -
1971 $825 - $5,609 -
1972 $948 - $6,094 -
1973 $1,143 - $6,726 -
1974 $1,243 - $7,226 -
1975 $1,311 - $7,801 -
1976 $1,431 - $8,592 -
1977 $1,440 - $9,453 -
1978 $1,658 - $10,565 -
1979 $1,790 - $11,674 -
1980 $1,931 - $12,613 -
1981 $1,876 - $13,976 -
1982 $2,273 - $14,434 -
1983 $2,823 - $15,544 -
1984 $3,362 - $17,121 -
1985 $4,062 - $18,237 -
1986 $506 - $19,071 -
1987 $505 - $20,039 -
1988 $574 - $21,417 -
1989 $570 - $22,857 -
1990 $604 $871 $23,840 $23,889
1991 $656 $887 $24,293 $24,342
1992 $693 $908 $25,381 $25,419
1993 $671 $947 $26,353 $26,387
1994 $672 $976 $27,662 $27,695
1995 $713 $1,014 $28,661 $28,691
1996 $726 $1,048 $29,937 $29,968
1997 $696 $1,099 $31,430 $31,459
1998 $647 $1,130 $32,823 $32,854
1999 $611 $1,163 $34,484 $34,515
2000 $518 $1,196 $36,330 $36,330
2001 $483 $1,251 $37,134 $37,134
2002 $496 $1,315 $37,998 $37,998
2003 $566 $1,328 $39,490 $39,490
2004 $585 $1,366 $41,725 $41,725
2005 $463 $1,422 $44,123 $44,123
2006 $447 $1,453 $46,302 $46,302
2007 $650 $1,558 $48,050 $48,050
2008 $704 $1,614 $48,570 $48,570
2009 $662 $1,567 $47,195 $47,195
2010 $659 $1,622 $48,651 $48,643
2011 $637 $1,705 $50,066 $50,025
2012 $699 $1,790 $51,784 $51,708
2013 $748 $1,842 $53,410 $53,297
2014 $765 $1,873 $55,304 $55,153
2015 $747 $1,930 $57,040 $56,849
2016 $712 $2,255 $58,207 $57,977
2017 $834 $2,687 $60,322 $60,048
2018 $933 $2,844 $63,201 $62,876
2019 $1,031 $3,106 $65,605 $65,228
2020 $1,054 $3,332 $64,411 $64,402
2021 $1,245 $3,739 $71,352 $71,307
2022 $1,417 $4,062 $78,035 $77,861
2023 $1,555 $4,334 $82,769 $82,305
2024 $1,717 $4,579 $85,810 $85,810

Spending and national debt comparison

In 2024, Guinea's government spending was $4.31B, accounting for 17.3% of its GDP, while the United States' spent $11T, or 37.8% of GDP.

Debt-to-GDP ratio is 39.6% in Guinea and 122.5% in the United States, ranking 137/185 and 11/185, respectively.

Guinea
Government spending

Government debt
United States
Government spending

Government debt
Year % of GDP
Guinea United States
Government spending Government debt Government spending Government debt
1960 - - 24.9% 61.7%
1961 - - 25.9% 62.3%
1962 - - 26% 60.2%
1963 - - 26% 58.8%
1964 - - 25.6% 56.7%
1965 - - 25.4% 53.7%
1966 - - 26.3% 50.6%
1967 - - 28.3% 50.4%
1968 - - 29.1% 48.5%
1969 - - 29.3% 45.9%
1970 - - 31.5% 46.4%
1971 - - 32.3% 47%
1972 - - 32.8% 45.4%
1973 - - 31.9% 42.6%
1974 - - 32.9% 41.4%
1975 - - 35.2% 44.6%
1976 - - 34.2% 44.8%
1977 - - 33.4% 43.6%
1978 - - 32.6% 42.5%
1979 - - 32% 41.2%
1980 - - 33.7% 41.9%
1981 - - 33.9% 41.1%
1982 - - 35.8% 45.9%
1983 - - 35.7% 48.9%
1984 - - 34.3% 50.6%
1985 - - 34.5% 55.4%
1986 - - 34.8% 58.9%
1987 - - 34.3% 60.6%
1988 - - 33.7% 61.3%
1989 - - 33.7% 61.6%
1990 18.7% 71.6% 34.5% 63.1%
1991 16.3% 70.9% 35.7% 67.9%
1992 13.8% 62% 36.7% 70.3%
1993 13.3% 68.9% 36.4% 71.9%
1994 12.6% 71.3% 35.5% 71.1%
1995 12.7% 66.5% 35.5% 70.7%
1996 12% 67.7% 34.7% 69.9%
1997 12.6% 67.9% 33.7% 67.4%
1998 10.3% 75.9% 32.8% 64.2%
1999 11.6% 92.3% 32.2% 60.5%
2000 12.6% 91.5% 31.7% 54.5%
2001 14.9% 90.4% 32.8% 53.3%
2002 14.4% 82.6% 33.7% 55.7%
2003 14.7% 81.6% 34% 58.8%
2004 13% 86.9% 33.7% 66.3%
2005 11% 97.9% 33.9% 65.6%
2006 13.2% 95.2% 33.7% 64.3%
2007 8.66% 60.8% 34.6% 64.7%
2008 10.1% 58.5% 37.1% 73.6%
2009 16.2% 61.3% 41.4% 86.8%
2010 20.5% 71.1% 39.8% 95.3%
2011 16% 53.8% 38.8% 99.7%
2012 19.6% 26.9% 37.2% 103.2%
2013 18.6% 34% 35.8% 104.5%
2014 20.1% 35.2% 35.3% 104.4%
2015 21.7% 44.4% 35% 104.9%
2016 16.1% 43% 35.3% 106.8%
2017 17.3% 41.9% 35.2% 105.7%
2018 15.9% 39.3% 35.3% 107%
2019 14.9% 38.6% 35.8% 108.2%
2020 17.1% 47.9% 44.8% 132%
2021 15.1% 42.9% 43.2% 124.7%
2022 14.2% 40.6% 36.8% 118.8%
2023 15.8% 37.3% 37.1% 119%
2024 17% 47.8% 37.6% 120.8%
2025 17.3% 39.6% 37.8% 122.5%

Government deficit by year

In 2024, Guinea's government deficit, the difference between spending and revenue, was -$782M, equivalent to -3.09% of GDP. This compares to the United States' deficit of -$2.12T, or -7.26% of GDP.

Over the past 35 years, Guinea recorded a fiscal deficit in 30 of those years, while the United States ran a deficit in 31 years. On average, Guinea posted an annual deficit equal to -1.49% of GDP, compared to deficit of -4.36% of GDP for the United States.

Deficit/surplus
Guinea

United States
Year Deficit/surplus, % of GDP
Guinea United States
1800 - 0.01%
1801 - 0.67%
1802 - 1.46%
1803 - 0.66%
1804 - 0.58%
1805 - 0.52%
1806 - 0.95%
1807 - 1.43%
1808 - 1.55%
1809 - -0.5%
1810 - 0.21%
1811 - 1.1%
1812 - -1.84%
1813 - -2.78%
1814 - -3.36%
1815 - -2.09%
1816 - 2%
1817 - 1.33%
1818 - 0.22%
1819 - 0.42%
1820 - -0.06%
1821 - -0.2%
1822 - 0.74%
1823 - 0.83%
1824 - -0.13%
1825 - 0.7%
1826 - 0.93%
1827 - 0.79%
1828 - 0.95%
1829 - 1.06%
1830 - 1.04%
1831 - 1.24%
1832 - 1.26%
1833 - 0.84%
1834 - 0.24%
1835 - 1.09%
1836 - 1.05%
1837 - -0.67%
1838 - -0.43%
1839 - 0.24%
1840 - -0.28%
1841 - -0.56%
1842 - -0.31%
1843 - -0.22%
1844 - 0.38%
1845 - 0.36%
1846 - 0.09%
1847 - -1.32%
1848 - -0.41%
1849 - -0.59%
1850 - 0.16%
1851 - 0.18%
1852 - 0.19%
1853 - 0.39%
1854 - 0.41%
1855 - 0.14%
1856 - 0.11%
1857 - 0.03%
1858 - -0.68%
1859 - -0.36%
1860 - -0.16%
1861 - -0.54%
1862 - -7.67%
1863 - -8.2%
1864 - -6.3%
1865 - -10.2%
1866 - 0.41%
1867 - 1.5%
1868 - 0.33%
1869 - 0.56%
1870 - 1.25%
1871 - 1.14%
1872 - 1.03%
1873 - 0.47%
1874 - 0.03%
1875 - 0.16%
1876 - 0.33%
1877 - 0.44%
1878 - 0.23%
1879 - 0.07%
1880 - 0.55%
1881 - 0.85%
1882 - 1.08%
1883 - 1.06%
1884 - 0.85%
1885 - 0.52%
1886 - 0.7%
1887 - 0.75%
1888 - 0.82%
1889 - 0.6%
1890 - 0.59%
1891 - 0.17%
1892 - 0.06%
1893 - 0.02%
1894 - -0.45%
1895 - -0.2%
1896 - -0.09%
1897 - -0.11%
1898 - -0.23%
1899 - -0.48%
1900 - 0.24%
1901 - 0.29%
1902 - 0.35%
1903 - 0.18%
1904 - -0.18%
1905 - -0.09%
1906 - 0.08%
1907 - 0.28%
1908 - -0.22%
1909 - -0.29%
1910 - -0.06%
1911 - 0.03%
1912 - 0.008%
1913 - -0.001%
1914 - -0.001%
1915 - -0.17%
1916 - 0.11%
1917 - -1.64%
1918 - -13.5%
1919 - -17.5%
1920 - 0.33%
1921 - 0.69%
1922 - 1.01%
1923 - 0.84%
1924 - 1.11%
1925 - 0.78%
1926 - 0.89%
1927 - 1.19%
1928 - 0.97%
1929 - -4.58%
1930 - -5.46%
1931 - -9.76%
1932 - -12.7%
1933 - -14.3%
1934 - -14.9%
1935 - -13.3%
1936 - -12.1%
1937 - -9.22%
1938 - -10.4%
1939 - -11.9%
1940 - -9.73%
1941 - -10.2%
1942 - -16.3%
1943 - -19.3%
1944 - -13.4%
1945 - -14.1%
1946 - -6.45%
1947 - -3.99%
1948 - -4.16%
1949 - -7.94%
1950 - -8.22%
1951 - -6.93%
1952 - -5.41%
1953 - -5.76%
1954 - -5.55%
1955 - -7.4%
1956 - -6.02%
1957 - -6.72%
1958 - -8.68%
1959 - -9.06%
1960 - 3.2%
1961 - 2.28%
1962 - 2.32%
1963 - 2.87%
1964 - 2.18%
1965 - 2.38%
1966 - 2.07%
1967 - 0.47%
1968 - 1.23%
1969 - 2.11%
1970 - -1.21%
1971 - -2.63%
1972 - -1.86%
1973 - -0.86%
1974 - -1.27%
1975 - -5.4%
1976 - -3.63%
1977 - -2.57%
1978 - -1.7%
1979 - -0.79%
1980 - -2.17%
1981 - -1.58%
1982 - -3.78%
1983 - -4.26%
1984 - -2.97%
1985 - -2.63%
1986 - -2.81%
1987 - -1.53%
1988 - -1.06%
1989 - -0.8%
1990 -3.76% -1.64%
1991 -3.25% -2.72%
1992 -0.89% -3.98%
1993 -2.33% -3.35%
1994 -2.59% -2.05%
1995 -1.07% -1.7%
1996 -2.2% -0.46%
1997 0.07% 0.88%
1998 2.46% 2.18%
1999 -1.3% 2.71%
2000 -2.42% 3.62%
2001 -3.23% -0.54%
2002 -3.37% -3.82%
2003 -4.65% -4.77%
2004 -3.85% -4.24%
2005 -1.06% -3.07%
2006 -2.13% -2.04%
2007 1.28% -2.91%
2008 0.38% -6.61%
2009 -4.87% -13.2%
2010 -9.66% -11%
2011 -0.92% -9.72%
2012 23.7% -8.11%
2013 -3.86% -4.56%
2014 -3.01% -4.03%
2015 -6.53% -3.53%
2016 -0.08% -4.36%
2017 -1.98% -4.79%
2018 -0.97% -5.33%
2019 -0.17% -5.81%
2020 -3% -14.1%
2021 -1.63% -11.4%
2022 -0.43% -3.7%
2023 -1.76% -7.16%
2024 -3.09% -7.26%
2025 -2.77% -6.46%

Inflation comparison by year

Over the past 29 years, Guinea has recorded an average annual inflation rate of 11.5%, compared with 2.53% in the United States. In 2024, inflation was 3.1% in Guinea and 2.95% in the United States.

Inflation
Guinea

United States
Year Inflation
Guinea United States Guinea United States
1996 3% 2.93%
1997 1.9% 2.34%
1998 5.1% 1.55%
1999 4.6% 2.19%
2000 6.8% 3.38%
2001 5.4% 2.83%
2002 3% 1.59%
2003 11% 2.27%
2004 17.5% 2.68%
2005 31.4% 3.39%
2006 34.7% 3.23%
2007 22.9% 2.85%
2008 18.4% 3.84%
2009 4.7% -0.36%
2010 15.5% 1.64%
2011 21.4% 3.16%
2012 15.2% 2.07%
2013 11.9% 1.46%
2014 9.7% 1.62%
2015 8.2% 0.12%
2016 8.2% 1.26%
2017 8.9% 2.13%
2018 9.8% 2.44%
2019 9.5% 1.81%
2020 10.6% 1.23%
2021 12.6% 4.7%
2022 10.5% 8%
2023 5.4% 4.12%
2024 4.7% 2.95%
2025 3.1% -

Top exports between countries

Guinea
Export category Export value
Raw materials & minerals $8.81M
Machinery & equipment $2.83M
Precious metals & jewellery $1.48M
Animal & marine products $1.19M
Raw agricultural goods $708K
Processed food, beverages & tobacco $519K
Miscellaneous $197K
United States
Export category Export value
Machinery & equipment $68.3M
Raw materials & minerals $26.4M
Chemicals & pharma $15M
Miscellaneous $13.4M
Animal & marine products $7.29M
Textiles & consumer goods $5.16M
Wood & paper products $2.15M
Processed food, beverages & tobacco $1.17M
Metals $316K
Weapons & explosives $105K

Balance of trade

Guinea United States
Current account balance
-$392M
2024
-$1.19T
2024
Current account balance ranking
102/189
2024
189/189
2024
Current account balance, % of GDP
-1.55%
2024
-4.06%
2024
Goods imports
$7.08B
2024
$3.3T
2024
Goods exports
$11.6B
2024
$2.08T
2024
Service imports
$3.15B
2024
$841B
2024
Service exports
$71.2M
2024
$1.15T
2024
Imports of goods and services, % of GDP
56.1%
2024
14%
2024
Exports of goods and services, % of GDP
44%
2024
10.9%
2024

Economic freedom indices

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

Guinea United States
Economic freedom 54.6 70.2
Economic freedom ranking 135/197 34/197
Property rights 22.3 95.4
Government integrity 25.1 77.3
Judicial effectiveness 26.5 76.6
Tax burden 70.4 75.6
Government spending 93 55.8
Fiscal health 93.4 0
Business freedom 44.9 88.5
Labor freedom 56.4 77
Monetary freedom 71.1 70.7
Trade freedom 61.8 75.6
Investment freedom 50 70
Financial freedom 40 80

Economic freedom by year comparison

The Economic Freedom Index for Guinea is 54.6, ranking 135/197, compared to 70.2 for the United States, ranking 34/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Guinea
United States
Year Economic freedom index
Guinea United States
1995 59.4 76.7
1996 58.5 76.7
1997 52.9 75.6
1998 61 75.4
1999 59.4 75.5
2000 58.2 76.4
2001 58.4 79.1
2002 52.9 78.4
2003 54.6 78.2
2004 56.1 78.7
2005 57.4 79.9
2006 52.8 81.2
2007 54.5 81.2
2008 52.8 81
2009 51 80.7
2010 51.8 78
2011 51.7 77.8
2012 50.8 76.3
2013 51.2 76
2014 53.5 75.5
2015 52.1 76.2
2016 53.3 75.4
2017 47.6 75.1
2018 52.2 75.7
2019 55.7 76.8
2020 56.5 76.6
2021 56.5 74.8
2022 54.2 72.1
2023 53.2 70.6
2024 53.3 70.1
2025 54.6 70.2

More economic indicators

Guinea United States
Services, % of GDP
37.5%
2024
79.7%
2024
Industry, % of GDP
25.3%
2024
17.3%
2024
Agriculture, forestry, and fishing, % of GDP
29.6%
2024
0.85%
2024
GNI, Atlas method
$21.7B
2024
$28.5T
2024
GNI per capita, PPP
$4,200
2024
$85,980
2024
Total reserves including gold
$1.89B
2023
$910B
2024
Total reserves ranking
128/177
2023
3/177
2024
Net foreign direct investment
-$1.4B
2024
$25.1B
2024
Net inflows of foreign direct investment
$1.4B
2024
$297B
2024
Net outflows of foreign direct investment
$30K
2024
$322B
2024
Servicing debt to the IMF, % of GNI
1.49%
2023
n/a
Poverty at national poverty lines
47%
2020
15.1%
2020
Gross capital formation, % of GDP
31.2%
2024
21.7%
2024

GDP per capita map

GDP per capita

Compare countries by 7 more topics

Economy comparisons

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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.