Guinea GDP Annual Growth Rate 1987-2014 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Guinea expanded 2.50 percent in 2013 from the previous year. GDP Annual Growth Rate in Guinea averaged 3.53 Percent from 1987 until 2013, reaching an all time high of 6.31 Percent in 1988 and a record low of -0.30 Percent in 2009. GDP Annual Growth Rate in Guinea is reported by the Central Bank of Republic of Guinea.

   
 
 

Guinea GDP Annual Growth Rate


Actual Previous Highest Lowest Dates Unit Frequency
2.50 3.90 6.31 -0.30 1987 - 2013 Percent Yearly
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. This page provides - Guinea GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Guinea GDP Annual Growth Rate - was last refreshed on Friday, October 31, 2014.

Guinea GDP Last Previous Highest Lowest Unit
GDP 6.19 5.65 6.70 1.92 USD Billion [+]
GDP Annual Growth Rate 2.50 3.90 6.31 -0.30 Percent [+]
GDP per capita 308.00 308.20 311.65 265.04 USD [+]
GDP per capita PPP 1215.26 1216.05 1229.67 1045.78 USD [+]