Guinea GDP Annual Growth Rate  1987-2016 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Guinea expanded 0.10 percent in 2015 from the previous year. GDP Annual Growth Rate in Guinea averaged 3.32 percent from 1987 until 2015, reaching an all time high of 6.31 percent in 1988 and a record low of -0.30 percent in 2009.

Guinea GDP Annual Growth Rate
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Guinea GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 0.10 1.10 6.31 -0.30 percent [+]
GDP 6.70 6.62 6.70 1.92 USD Billion [+]
GDP per capita 417.10 427.99 446.81 383.01 USD [+]
GDP per capita PPP 1135.49 1165.13 1216.38 1042.68 USD [+]



Guinea GDP Annual Growth Rate Notes

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. Guinea GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
0.10 1.10 6.31 -0.30 1987 - 2015 percent Yearly



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