Markets Actual Q1 Q2 Q3 Q4 2021
Currency 9347.00 9393 9433 9475 9515 9595

Overview Actual Q1 Q2 Q3 Q4 2021
GDP Annual Growth Rate (%) 5.80 6.1 6.1 6.1 6.1 6.1
Unemployment Rate (%) 3.60 3.5 3.5 3.5 3.5 3.5
Inflation Rate (%) 9.10 9.7 9.5 8.6 8.3 8.7
Interest Rate (%) 12.50 12.5 12 12 11.5 10.75
Balance of Trade (USD Million) -426.33 -152 -110 -103 -127 -179
Current Account to GDP (%) -4.90 -10 -10 -10 -10 -15
Government Debt to GDP (%) 18.00 24 24 24 24 23
Government Budget (% of GDP) -4.40 -3.7 -3.7 -3.7 -3.7 -3.5
Corporate Tax Rate (%) 35.00 35 35 35 35 35
Personal Income Tax Rate (%) 40.00 40 40 40 40 40

GDP Actual Q1 Q2 Q3 Q4 2021
GDP Annual Growth Rate (%) 5.80 6.1 6.1 6.1 6.1 6.1
GDP (USD Billion) 10.99 11.8 11.8 11.8 11.8 10.5
GDP per capita (USD) 943.40 970 970 970 970 964
GDP per capita PPP (USD) 2338.00 2620 2620 2620 2620 2740

Labour Actual Q1 Q2 Q3 Q4 2021
Unemployment Rate (%) 3.60 3.5 3.5 3.5 3.5 3.5
Population (Million) 12.41 13.04 13.04 13.04 13.09 13.43

Prices Actual Q1 Q2 Q3 Q4 2021
Inflation Rate (%) 9.10 9.7 9.5 8.6 8.3 8.7
Inflation Rate Mom (%) 0.40 0.4 0.6 0.8 0.6 0.5
Food Inflation (%) 11.60 11.36 10.3 11.3 11.5 11
CPI Transportation (points) 567.40 612 616 616 615 668
Core Inflation Rate (%) 4.00 6.1 6.2 6.2 6.3 6.4

Money Actual Q1 Q2 Q3 Q4 2021
Interest Rate (%) 12.50 12.5 12 12 11.5 10.75

Trade Actual Q1 Q2 Q3 Q4 2021
Balance of Trade (USD Million) -426.33 -152 -110 -103 -127 -179
Current Account to GDP (%) -4.90 -10 -10 -10 -10 -15

Government Actual Q1 Q2 Q3 Q4 2021
Government Debt to GDP (%) 18.00 24 24 24 24 23
Government Budget (% of GDP) -4.40 -3.7 -3.7 -3.7 -3.7 -3.5
Military Expenditure (USD Million) 192.00 185 185 185 185 190

Taxes Actual Q1 Q2 Q3 Q4 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.