Markets Actual Q3 Q4 Q1 Q2 2021
Currency 9594.00 9635 9677 9719 9760 9842

Overview Actual Q3 Q4 Q1 Q2 2021
GDP Annual Growth Rate (%) 6.30 -2 -2 4 4 4
Unemployment Rate (%) 4.30 4.6 4.6 4.4 4.4 4.4
Inflation Rate (%) 11.50 9.5 9.4 8.7 8.4 8.3
Interest Rate (%) 11.50 12 11.5 11.5 11.5 10.75
Balance of Trade (USD Million) -2.60 -152 -110 -103 -103 -179
Current Account to GDP (%) -13.60 -25 -25 -17 -17 -17
Government Debt to GDP (%) 18.00 45 45 38 38 38
Government Budget (% of GDP) -4.40 -8.5 -8.5 -9 -9 -9
Corporate Tax Rate (%) 35.00 35 35 35 35 35
Personal Income Tax Rate (%) 40.00 40 40 40 40 40

GDP Actual Q3 Q4 Q1 Q2 2021
GDP Annual Growth Rate (%) 6.30 -2 -2 4 4 4
GDP (USD Billion) 11.40 7 7 8.5 8.5 8.5
GDP per capita (USD) 920.80 800 800 870 870 870
GDP per capita PPP (USD) 2564.00 2220 2220 2380 2380 2380

Labour Actual Q3 Q4 Q1 Q2 2021
Unemployment Rate (%) 4.30 4.6 4.6 4.4 4.4 4.4
Population (Million) 12.22 13.04 13.09 13.38 13.38 13.43

Prices Actual Q3 Q4 Q1 Q2 2021
Inflation Rate (%) 11.50 9.5 9.4 8.7 8.4 8.3
Inflation Rate Mom (%) 0.70 1.3 1.5 0.7 1.2 1.4
Food Inflation (%) 13.20 13 13.2 11.8 12.1 12
Core Inflation Rate (%) 10.00 9 8.5 7.7 7.4 7
CPI Transportation (points) 741.40 621 621 617 804 672

Money Actual Q3 Q4 Q1 Q2 2021
Interest Rate (%) 11.50 12 11.5 11.5 11.5 10.75

Trade Actual Q3 Q4 Q1 Q2 2021
Balance of Trade (USD Million) -2.60 -152 -110 -103 -103 -179
Current Account to GDP (%) -13.60 -25 -25 -17 -17 -17

Government Actual Q3 Q4 Q1 Q2 2021
Government Debt to GDP (%) 18.00 45 45 38 38 38
Government Budget (% of GDP) -4.40 -8.5 -8.5 -9 -9 -9
Military Expenditure (USD Million) 192.00 185 185 185 185 190

Taxes Actual Q3 Q4 Q1 Q2 2021
Corporate Tax Rate (%) 35.00 35 35 35 35 35
Personal Income Tax Rate (%) 40.00 40 40 40 40 40
Sales Tax Rate (%) 18.00 18 18 18 18 18
Social Security Rate (%) 23.00 23 23 23 23 23
Social Security Rate For Companies (%) 18.00 18 18 18 18 18
Social Security Rate For Employees (%) 5.00 5 5 5 5 5


This page has economic forecasts for Guinea including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Guinea economy.