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Guinea GDP Annual Growth Rate2022 Data – 2023 Forecast – 1987-2021 Historical

Guinea GDP Annual Growth Rate2022 Data – 2023 Forecast – 1987-2021 Historical

GDP Annual Growth Rate in Guinea averaged 4.25 percent from 1987 until 2020, reaching an all time high of 10.80 percent in 2016 and a record low of -0.30 percent in 2009. This page provides - Guinea GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guinea GDP…

GDP Annual Growth Rate in Guinea averaged 4.25 percent from 1987 until 2020, reaching an all time high of 10.80 percent in 2016 and a record low of -0.30 percent in 2009. This page provides – Guinea GDP Annual Growth Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news. Guinea GDP Annual Growth Rate – values, historical data and charts – was last updated on September of 2022.

GDP Annual Growth Rate in Guinea is expected to reach 5.10 percent by the end of 2022, 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 5.40 percent in 2023 and 6.00 percent in 2024, according to our econometric models.

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
4.90 7.00 10.80 -0.30 1987 – 2021 percent Yearly

Constant Prices 2010

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