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Guinea

CABRI member since: 2017
Region: West Africa
Currency: Guinean franc (GNF)
Population: 12.7 million
Capital: Conakry
Ministry website: www.mef.gov.gn
Fiscal year: January - December
Regional Economic Community: CEN-SAD, ECOWAS
Key Budget Indicators Over Time
2014 2015 2016 2017 2018
GDP (constant 2003 GNF[billions]) 47,317 49,121 54,440 60,068.07 63,780.96
GDP (current GNF[billions]) 61,663.6 65,829 77,086 93,942.42 109,760.69
GDP growth (%) 3.71 3.81 10.83 10.34 6.18
GDP per capita (constant 2003 GNF) 3,928,678.18 3,978,987.62 4,302,289.58 4,631,283.42 4,797,609.23
GDP per capita (current GNF) 5,119,860.51 5,332,399.09 6,091,959.86 7,243,014.88 8,256,208.05
Inflation (CPI) (%) 9.71 8.15 8.17 8.91 9.83
General government revenue (% of GDP) 16.97 14.81 15.99 15.27 14.55
General government expenditure (% of GDP) 20.18 21.7 16.14 17.33 15.61
Budget balance (% of GDP) -3.21 -6.89 -0.15 -2.06 -1.06
Primary balance (% of GDP) -2.24 -6.07 0.95 -1.15 -0.26
General government debt (% of GDP) 35.09 41.94 42.45 40.48 37.96
Population (millions) 12.04 12.35 12.65 12.97 13.29

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