The IMF and World Bank cut off most assistance in 2003. Growth roseslightly in 2004, primarily due to increases in global demand and
commodity prices on world markets.
GDP (purchasing power parity):
$19.5 billion (2004 est.)
GDP - real growth rate:
1% (2004 est.)
GDP - per capita:
purchasing power parity - $2,100 (2004 est.)
GDP - composition by sector: agriculture: 25% industry: 38.2% services: 36.8% (2004 est.)
Labor force:
3 million (1999)
Labor force - by occupation:
agriculture 80%, industry and services 20% (2000 est.)
Unemployment rate:
NA (2002 est.)
Population below poverty line:
40% (2003 est.)
Household income or consumption by percentage share: lowest 10%: 2.6% highest 10%: 32% (1994)
Distribution of family income - Gini index:
40.3 (1994)
Inflation rate (consumer prices):
18% (2004 est.)
Investment (gross fixed):
21% of GDP (2004 est.)
Budget:
revenues: $382.7 million
expenditures: $711.4 million, including capital expenditures of NA
(2004 est.)
Agriculture - products:
rice, coffee, pineapples, palm kernels, cassava (tapioca), bananas,
sweet potatoes; cattle, sheep, goats; timber
Industries:
bauxite, gold, diamonds; alumina refining; light manufacturing and
agricultural processing industries
Industrial production growth rate:
3.2% (1994)
Electricity - production:
855 million kWh (2002)
Electricity - production by source: fossil fuel: 45.5% hydro: 54.5% nuclear: 0% other: 0% (2001)
Electricity - consumption:
795.2 million kWh (2002)
Electricity - exports:
0 kWh (2002)
Electricity - imports:
0 kWh (2002)
Oil - production:
0 bbl/day (2001 est.)
Oil - consumption:
8,600 bbl/day (2001 est.)
Oil - exports:
NA
Oil - imports:
NA
Current account balance:
$-308.3 million (2004 est.)
Exports:
$709.2 million f.o.b. (2004 est.)
Exports - commodities:
bauxite, alumina, gold, diamonds, coffee, fish, agricultural
products
Exports - partners:
France 17.7%, Belgium 14.7%, UK 14.7%, Switzerland 12.8%, Ukraine
4.2% (2004)
Imports:
$641.5 million f.o.b. (2004 est.)
Imports - commodities:
petroleum products, metals, machinery, transport equipment,
textiles, grain and other foodstuffs
Imports - partners:
Cote d'Ivoire 15.5%, France 9%, Belgium 6.1%, China 6%, South
Africa 4.8% (2004)
Reserves of foreign exchange and gold:
$201.7 million (2004 est.)
Debt - external:
$3.25 billion (2001 est.)
Economic aid - recipient:
$359.2 million (1998)
Currency (code):
Guinean franc (GNF)
Currency code:
GNF
Exchange rates:
Guinean francs per US dollar - 2,550 (2004), 1,984.9 (2003),
1,975.8 (2002), 1,950.6 (2001), 1,746.9 (2000)
Fiscal year:
calendar year
Communications Guinea
Telephones - main lines in use:
26,200 (2003)
Telephones - mobile cellular:
111,500 (2003)
Telephone system:
general assessment: poor to fair system of open-wire lines, small
radiotelephone communication stations, and new microwave radio relay
system
domestic: microwave radio relay and radiotelephone communication
international: country code - 224; satellite earth station - 1
Intelsat (Atlantic Ocean)
Radio broadcast stations:
AM 4 (one station is inactive), FM 1 (plus 7 repeaters),
