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Guinea
We offer a data-driven country report for Guinea that explores inter alia population, international trading relationships, energy consumption, GDP growth, current account balances, and R&D investment. Additionally, CFI quotes from the Big Mac Index (courtesy of The Economist) which gives a rough idea of purchasing power parity. Other authoritative sources include The United Nations Conference on Trade and Development, The World Bank, and The International Money Fund. Visit us regularly for updates and new sources of key economic information on Guinea.[/vc_column_text][vc_column_text]Its population in 2018 was 13,052,608 [1]
In 2015, 76.27% of its total energy
consumption was renewable [2]
In 2021, its GDP grew by 3.12% [2]
In 2021 it had a negative Current
Account Balance of US$bn 0.70 [3]
What free trade areas or economic unions is it a member of?
Member of the African Continental Free Trade Area (AfCFTA) since 01/04/2019
Other members:
Benin, Burkina Faso, Cameroon, Chad, Congo, Côte d'Ivoire, Djibouti, Egypt, Equatorial Guinea, Eswatini, Ethiopia, Gabon, Gambia, Ghana, Kenya, Mali, Mauritania, Namibia, Niger, Nigeria, Rwanda, Sao Tome and Principe, Senegal, Sierra Leone, South Africa, Togo, Uganda, Western Sahara, Zimbabwe
What trade deals are there between African Continental Free Trade Area and other countries and economic unions?
None
Member of the Economic Community of West African States (ECOWAS) since 28/05/1975
Other members:
Benin, Burkina Faso, Cabo Verde, Côte d'Ivoire, Gambia, Ghana, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, Togo
What trade deals are there between Economic Community of West African States and other countries and economic unions?
None
[/vc_column_text][vc_column_text]What trade deals are there with other countries and economic unions?
None
[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text]Société Générale Guinée – Guinean Gold: a Private Bank That Has Won Trust of Public
Swiss Precision, African Spirit with CEO Daouda Fall: Brahms Group has Found the Perfect Balance
Aquashield: Securing Nigeria’s Offshore Oil and Gas Assets
CFI.co Meets the Banque de Développement de Guinée Management: Banking for Nation-Building
CFI.co Meets Mohamed Beavogui & Simon Young
Trade with the United Kingdom
Source: UK Office for National Statistics, October 2022.
Contains public sector information licensed under the Open Government Licence v3.0.