The Gross Domestic Product (GDP) in Guinea expanded 5.60 percent in the fourth quarter of 2024 over the same quarter of the previous year. GDP Annual Growth Rate in Guinea averaged 4.29 percent from 1987 until 2024, reaching an all time high of 10.80 percent in 2016 and a record low of -0.30 percent in 2009. source: Institut National de la Statistique, Guinea

GDP Annual Growth Rate in Guinea is expected to reach 10.00 percent by the end of 2026, 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 8.70 percent in 2027 and 8.10 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
GDP Annual Growth Rate 5.60 5.90 percent Dec 2024
GDP Constant Prices 89689.70 84760.10 GNF Billion Dec 2024
GDP from Agriculture 86473.00 79252.00 GNF Billion Dec 2024
GDP from Construction 2865.00 2839.00 GNF Billion Dec 2024
GDP from Manufacturing 14893.00 14584.00 GNF Billion Dec 2024
GDP from Mining 48909.00 42871.00 GNF Billion Dec 2024
GDP from Public Administration 4152.00 4356.00 GNF Billion Dec 2024
GDP from Services 67393.00 61581.00 GNF Billion Dec 2024
GDP from Transport 5533.00 5272.00 GNF Billion Dec 2024
GDP from Utilities 1329.00 1265.00 GNF Billion Dec 2024


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.
Actual Previous Highest Lowest Dates Unit Frequency
5.60 5.90 10.80 -0.30 1987 - 2024 percent Yearly
Constant Prices 2010