The Gross Domestic Product (GDP) in Guinea expanded 6.30 percent in 2019 from the previous year.

GDP Annual Growth Rate in Guinea averaged 3.80 percent from 1987 until 2019, reaching an all time high of 8.20 percent in 2017 and a record low of -0.30 percent in 2009. This page provides - Guinea GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guinea GDP Annual Growth Rate - values, historical data and charts - was last updated on September of 2020.

GDP Annual Growth Rate in Guinea is expected to reach -2.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guinea GDP Annual Growth Rate is projected to trend around 4.00 percent in 2021 and 5.50 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Guinea GDP Annual Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
6.30 7.50 8.20 -0.30 1987 - 2019 percent Yearly
Constant Prices 2010

Guinea GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 6.30 7.50 8.20 -0.30 percent [+]
GDP 11.40 12.21 12.21 1.92 USD Billion [+]
GDP per capita 920.80 897.30 920.80 513.10 USD [+]
GDP per capita PPP 2564.00 2498.40 2564.00 1505.10 USD [+]


Guinea GDP Annual Growth Rate
Guinea is one of the poorest countries in the world. Guinea’s growth has been significantly short of its potential due to political instability, widespread corruption and underdeveloped infrastructure. Guinea has the largest bauxite reserve in world as well as significant iron, gold and diamond reserves. Yet, Guinea’s chronic inefficiencies drive away most of potential investors. Recent government efforts to fight corruption, regulate the mining sector and improve infrastructure are expected to maintain the positive momentum.