Markets Actual Q3 Q4 Q1 Q2 2022
Currency 9727.00 9727 9727 9727 9727 9727

Overview Actual Q3 Q4 Q1 Q2 2022
GDP Annual Growth Rate (%) 5.20 5.6 5.6 5.3 5.3 5.3
Unemployment Rate (%) 4.40 4.3 4.3 4.3 4.3 4.3
Inflation Rate (%) 12.28 11.9 9.8 8.7 8.3 8
Interest Rate (%) 11.50 11.5 11.5 12 12.5 12.5
Balance of Trade (USD Million) 585.35 -152 -165 -103 -103 -179
Current Account to GDP (% of GDP) -13.30 -14 -14 -13 -13 -13
Government Debt to GDP (% of GDP) 40.00 42 42 40 40 40
Government Budget (% of GDP) -3.10 -2.7 -2.7 -2.3 -2.3 -2.3
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 2022
GDP Annual Growth Rate (%) 5.20 5.6 5.6 5.3 5.3 5.3
GDP (USD Billion) 15.68 16 16 18 18 18
GDP per capita (USD) 959.98 870 870 870 870 950
GDP per capita PPP (USD) 2670.82 2380 2380 2380 2380 2490

Labour Actual Q3 Q4 Q1 Q2 2022
Unemployment Rate (%) 4.40 4.3 4.3 4.3 4.3 4.3
Population (Million) 12.56 13.38 13.43 13.43 13.43 13.77

Prices Actual Q3 Q4 Q1 Q2 2022
Inflation Rate (%) 12.28 11.9 9.8 8.7 8.3 8
Inflation Rate Mom (%) 1.20 0.8 1.2 0.9 0.7 0.8
Food Inflation (%) 15.90 15 12 10 12 14
CPI Transportation (points) 710.00 815 781 772 769 844
Core Inflation Rate (%) 9.00 8.6 7.8 7.4 7.6 8

Money Actual Q3 Q4 Q1 Q2 2022
Interest Rate (%) 11.50 11.5 11.5 12 12.5 12.5

Trade Actual Q3 Q4 Q1 Q2 2022
Balance of Trade (USD Million) 585.35 -152 -165 -103 -103 -179
Current Account to GDP (% of GDP) -13.30 -14 -14 -13 -13 -13

Government Actual Q3 Q4 Q1 Q2 2022
Government Debt to GDP (% of GDP) 40.00 42 42 40 40 40
Government Budget (% of GDP) -3.10 -2.7 -2.7 -2.3 -2.3 -2.3
Military Expenditure (USD Million) 201.00 185 190 190 190 190

Taxes Actual Q3 Q4 Q1 Q2 2022
Corporate Tax Rate (%) 35.00 35 35 35 35 35
Personal Income Tax Rate (%) 40.00 40 40 40 40 40
Sales Tax Rate (%) 14.00 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.