Guinea Bissau is the 168 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Guinea Bissau averaged 160.46 from 2007 until 2019, reaching an all time high of 172 in 2018 and a record low of 147 in 2007. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Guinea Bissau Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Deposit Interest Rate in Guinea Bissau decreased to 6.49 percent in 2017 from 6.93 percent in 2016. Deposit Interest Rate in Guinea Bissau averaged 7.70 percent from 2005 until 2017, reaching an all time high of 8.58 percent in 2009 and a record low of 6.49 percent in 2017. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Guinea Bissau.

The Gross Domestic Product (GDP) in Guinea Bissau was worth 1.45 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Guinea Bissau represents 0 percent of the world economy. GDP in Guinea Bissau averaged 0.45 USD Billion from 1970 until 2019, reaching an all time high of 1.46 USD Billion in 2018 and a record low of 0.08 USD Billion in 1971. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Guinea Bissau GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The total population in Guinea Bissau was estimated at 1.9 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Guinea Bissau had a population of 0.6 million people. The population of Guinea Bissau represents 0.02 percent of the world´s total population which arguably means that one person in every 4500 people on the planet is a resident of Guinea Bissau. This page provides the latest reported value for - Guinea Bissau Population - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate in Guinea Bissau was last recorded at 4.50 percent. Interest Rate in Guinea Bissau averaged 4.03 percent from 2010 until 2020, reaching an all time high of 4.50 percent in December of 2016 and a record low of 3.50 percent in September of 2013. Guinea Bissau is a member of the Economic and Monetary Community of West Africa (UEMOA). In UEMOA, interest rates decisions are taken by the Central Bank of West African States’ Monetary Policy Committee. The Central Bank of West African States’ official rate is the key interest rate. This page provides - Guinea Bissau Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Guinea Bissau was recorded at 0.60 percent in January of 2020. Inflation Rate in Guinea Bissau averaged 10.47 percent from 1993 until 2020, reaching an all time high of 70.44 percent in June of 1993 and a record low of -18.23 percent in November of 1999. In Guinea Bissau, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides - Guinea Bissau Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Guinea Bissau recorded a Government Budget deficit equal to 2.50 percent of the country's Gross Domestic Product in 2018. Government Budget in Guinea Bissau averaged -2.84 percent of GDP from 2002 until 2018, reaching an all time high of 3.60 percent of GDP in 2009 and a record low of -9.50 percent of GDP in 2006. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Guinea Bissau Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Guinea Bissau recorded a government debt equivalent to 28.10 percent of the country's Gross Domestic Product in 2017. Government Debt to GDP in Guinea Bissau averaged 109.37 percent from 2000 until 2017, reaching an all time high of 209.50 percent in 2002 and a record low of 18.10 percent in 2011. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Guinea Bissau Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Guinea Bissau decreased 18 percent in the fourth quarter of 2019 over the same quarter in the previous year. Industrial Production in Guinea Bissau averaged 10.65 percent from 2010 until 2019, reaching an all time high of 74.50 percent in the first quarter of 2015 and a record low of -20.70 percent in the first quarter of 2014. This page provides - Guinea Bissau Industrial Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retail Sales in Guinea Bissau increased 5 percent in the fourth quarter of 2019 over the same quarter in the previous year. Retail Sales Yoy in Guinea Bissau averaged 8.78 percent from 2010 until 2019, reaching an all time high of 55.70 percent in the first quarter of 2012 and a record low of -24.10 percent in the fourth quarter of 2013. This page provides - Guinea Bissau Retail Sales YoY- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Capacity Utilization in Guinea Bissau remained unchanged at 90 percent in the fourth quarter of 2019 from 90 percent in the third quarter of 2019. Capacity Utilization in Guinea Bissau averaged 58.58 percent from 2008 until 2019, reaching an all time high of 97.70 percent in the fourth quarter of 2014 and a record low of 40.40 percent in the third quarter of 2009. This page provides - Guinea Bissau Capacity Utilization- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Guinea Bissau expanded 5.40 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Guinea Bissau averaged 3.37 percent from 1971 until 2019, reaching an all time high of 22.80 percent in the first quarter of 2013 and a record low of -28.10 percent in the fourth quarter of 1998. Guinea Bissau is one of the poorest countries in the world. The export of cashew nuts, which account for over 90 percent of total exports, is the backbone of the country’s economy. The major obstacle to the country’s growth is the unstable social environment caused by successive military coups and the traffic of narcotics. After the death of the president in January of 2012, the military seized power and suspended democracy. As a result, the Economic Community of Central Africa threatened sanctions that can hamper the country’s future. This page provides - Guinea Bissau GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Guinea Bissau thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Guinea Bissau as reported by major credit rating agencies.

Internet Speed in Guinea decreased to 2034.56 KBps in the first quarter of 2017 from 2052.72 KBps in the fourth quarter of 2016. Internet Speed in Guinea averaged 573 KBps from 2007 until 2017, reaching an all time high of 2052.72 KBps in the fourth quarter of 2016 and a record low of 104.33 KBps in the third quarter of 2009. This page includes a chart with historical data for GuineaInternet Speed.

IP Addresses in Guinea increased to 1400 IP in the first quarter of 2017 from 1378 IP in the fourth quarter of 2016. IP Addresses in Guinea averaged 1543.97 IP from 2007 until 2017, reaching an all time high of 2783 IP in the third quarter of 2015 and a record low of 647 IP in the fourth quarter of 2011. This page includes a chart with historical data for GuineaIP Addresses.

Temperature in Guinea decreased to 24.32 celsius in August from 24.91 celsius in July of 2013. Temperature in Guinea averaged 25.45 celsius from 1849 until 2013, reaching an all time high of 29.76 celsius in April of 1998 and a record low of 20.84 celsius in January of 1889. This page includes a chart with historical data for Guinea Temperature.

Military Expenditure in Guinea decreased to 192 USD Million in 2018 from 199 USD Million in 2017. Military Expenditure in Guinea averaged 137.34 USD Million from 1991 until 2018, reaching an all time high of 213.40 USD Million in 2015 and a record low of 59.90 USD Million in 1993.

Deposit Interest Rate in Guinea decreased to 3.84 percent in 2016 from 6.69 percent in 2015. Deposit Interest Rate in Guinea averaged 14.22 percent from 1987 until 2016, reaching an all time high of 23 percent in 1992 and a record low of 3.84 percent in 2016. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Guinea.

The Social Security Rate in Guinea stands at 23 percent. In Guinea, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Guinea because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Guinea Social Security Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Companies in Guinea stands at 18 percent. In Guinea, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Guinea because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Guinea Social Security Rate For Companies- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Employees in Guinea stands at 5 percent. In Guinea, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Guinea because they help to pay for many social programs including welfare, health care and many other benefits. This page provides the latest reported value for - Guinea Social Security Rate For Employees - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product per capita in Guinea was last recorded at 2338 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Guinea, when adjusted by Purchasing Power Parity is equivalent to 13 percent of the world's average. GDP per capita PPP in Guinea averaged 1632.75 USD from 1990 until 2018, reaching an all time high of 2338 USD in 2018 and a record low of 1339.40 USD in 1991. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Guinea GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Guinea scored 46.13 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Guinea averaged 20.53 Points from 2013 until 2019, reaching an all time high of 46.13 Points in 2019 and a record low of 2.79 Points in 2015. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Guinea Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Guinea is the 122 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Guinea averaged 134.71 from 2013 until 2019, reaching an all time high of 147 in 2014 and a record low of 122 in 2019. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Guinea Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Gold Reserves in Guinea increased to 2.44 in 2019 from 2.39 in 2016. Gold Reserves in Guinea averaged 2.42 from 2016 until 2019, reaching an all time high of 2.44 in 2019 and a record low of 2.39 in 2016.

Guinea is ranked 156 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Guinea deteriorated to 156 in 2019 from 152 in 2018. Ease of Doing Business in Guinea averaged 167.67 from 2008 until 2019, reaching an all time high of 179 in 2010 and a record low of 152 in 2018. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Guinea.

Terrorism Index in Guinea increased to 0.97 in 2018 from 0.32 in 2017. Terrorism Index in Guinea averaged 1.01 from 2002 until 2018, reaching an all time high of 4.22 in 2002 and a record low of 0 in 2005. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

The Gross Domestic Product per capita in Guinea was last recorded at 943.40 US dollars in 2018. The GDP per Capita in Guinea is equivalent to 7 percent of the world's average. GDP per capita in Guinea averaged 642.37 USD from 1986 until 2018, reaching an all time high of 943.40 USD in 2018 and a record low of 513.10 USD in 1986. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides the latest reported value for - Guinea GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Guinea recorded a Current Account deficit of 4.90 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Guinea averaged -8.81 percent from 1986 until 2018, reaching an all time high of 5.51 percent in 2017 and a record low of -33.90 percent in 2012. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Guinea Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Guinea scored 29 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Guinea averaged 23.23 Points from 2006 until 2019, reaching an all time high of 29 Points in 2019 and a record low of 16 Points in 2008. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Guinea Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Guinea is the 130 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Guinea averaged 152.23 from 2006 until 2019, reaching an all time high of 173 in 2008 and a record low of 130 in 2019. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Guinea Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Industrial Production in Guinea increased 4.90 percent in the first quarter of 2019 over the same quarter in the previous year. Industrial Production in Guinea averaged 9.04 percent from 2007 until 2019, reaching an all time high of 71.89 percent in the third quarter of 2010 and a record low of -34.40 percent in the first quarter of 2009. In Guinea, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides the latest reported value for - Guinea Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Corporate Tax Rate in Guinea stands at 35 percent. In Guinea, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Guinea. This page provides - Guinea Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Guinea remained unchanged at 3.60 percent in 2019 from 3.60 percent in 2018. Unemployment Rate in Guinea averaged 4.14 percent from 1991 until 2019, reaching an all time high of 4.50 percent in 1999 and a record low of 3.60 percent in 2017. In Guinea, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Guinea Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Sales Tax Rate in Guinea stands at 18 percent. Sales Tax Rate in Guinea averaged 18.29 percent from 2014 until 2020, reaching an all time high of 20 percent in 2016 and a record low of 18 percent in 2015. In Guinea, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Guinea. This page provides - Guinea Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Guinea recorded a Current Account deficit of 251.14 USD Million in the third quarter of 2019. Current Account in Guinea averaged -202.08 USD Million from 1986 until 2019, reaching an all time high of 883.89 USD Million in the fourth quarter of 2017 and a record low of -2311.44 USD Million in the fourth quarter of 2016. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Guinea Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Guinea recorded a trade deficit of 2.60 USD Million in the third quarter of 2019. Balance of Trade in Guinea averaged -43.25 USD Million from 1986 until 2019, reaching an all time high of 927.63 USD Million in the fourth quarter of 2017 and a record low of -1935.05 USD Million in the fourth quarter of 2016. Guinea has the largest bauxite reserve in the world as well as significant iron, gold and diamond reserves and is a leading exporter of such minerals. Guinea is also a net exporter of coffee. However, Guinea is highly dependent on imports for fuels, capital equipment, consumer goods and foodstuffs. Main trading partners are China and the United States. This page provides - Guinea Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Guinea decreased to 565.87 USD Million in the third quarter of 2019 from 925.88 USD Million in the second quarter of 2019. Exports in Guinea averaged 569.05 USD Million from 1986 until 2019, reaching an all time high of 1471.17 USD Million in the fourth quarter of 2010 and a record low of 120.92 USD Million in the fourth quarter of 2011. Guinea is a leading exporter of bauxite and holds the mineral’s largest reserve in the world. Other exports include iron, gold, diamonds, oil and coffee. Main export partners are: Spain, Russia, India, United States and Chile. This page provides - Guinea Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Guinea decreased to 878.90 USD Million in the third quarter of 2019 from 884.43 USD Million in the second quarter of 2019. Imports in Guinea averaged 667.22 USD Million from 1986 until 2019, reaching an all time high of 2550.37 USD Million in the fourth quarter of 2016 and a record low of -170.26 USD Million in the second quarter of 2016. Guinea’s main imports are: fuels, capital equipment, apparel and foodstuffs. Guinea’s main import partners are: China, Netherlands and United States. This page provides - Guinea Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Guinea was worth 11.40 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Guinea represents 0.01 percent of the world economy. GDP in Guinea averaged 5.12 USD Billion from 1986 until 2019, reaching an all time high of 11.40 USD Billion in 2019 and a record low of 1.92 USD Billion in 1986. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Guinea GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Money Supply M1 in Guinea increased to 30431.67 GNF Billion in December from 29827.04 GNF Billion in November of 2019. Money Supply M1 in Guinea averaged 9708.58 GNF Billion from 2001 until 2019, reaching an all time high of 30431.67 GNF Billion in December of 2019 and a record low of 590.50 GNF Billion in February of 2001. This page provides - Guinea Money Supply M1- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total population in Guinea was estimated at 12.8 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Guinea had a population of 3.5 million people. The population of Guinea represents 0.15 percent of the world´s total population which arguably means that one person in every 682 people on the planet is a resident of Guinea. This page provides - Guinea Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core Consumer Prices in Guinea increased to 682.40 percent in February from 673.70 percent in January of 2020. Core Consumer Prices in Guinea averaged 547.51 percent from 2011 until 2020, reaching an all time high of 682.40 percent in February of 2020 and a record low of 372.80 percent in January of 2011. This page provides - Guinea Core Consumer Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Guinea increased 4.40 percent in February of 2020 over the same month in the previous year. Core Inflation Rate in Guinea averaged 6.31 percent from 2012 until 2020, reaching an all time high of 15.20 percent in January of 2012 and a record low of -4.70 percent in December of 2012. This page provides - Guinea Core Inflation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Guinea expanded 6.30 percent in 2019 from the previous year. GDP Annual Growth Rate in Guinea averaged 3.80 percent from 1987 until 2019, reaching an all time high of 8.20 percent in 2017 and a record low of -0.30 percent in 2009. 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.

The inflation rate in Guinea was recorded at 9.10 percent in January of 2020. Inflation Rate in Guinea averaged 13.25 percent from 1987 until 2020, reaching an all time high of 42.60 percent in July of 2005 and a record low of 0.50 percent in February of 1997. In Guinea, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides - Guinea Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Guinea increased 1.10 percent in February of 2020 over the previous month. Inflation Rate Mom in Guinea averaged 1.17 percent from 2003 until 2020, reaching an all time high of 8.90 percent in September of 2004 and a record low of -3.20 percent in November of 2008. This page provides - Guinea Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Guinea increased 12 percent in February of 2020 over the same month in the previous year. Food Inflation in Guinea averaged 11.69 percent from 2014 until 2020, reaching an all time high of 14.40 percent in January of 2018 and a record low of 8.77 percent in March of 2015. This page provides - Guinea Food Inflation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Guinea recorded a Government Budget deficit equal to 4.40 percent of the country's Gross Domestic Product in 2018. Government Budget in Guinea averaged -3.71 percent of GDP from 1998 until 2018, reaching an all time high of 0.50 percent of GDP in 2007 and a record low of -13.90 percent of GDP in 2010. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Guinea Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Guinea recorded a government debt equivalent to 18 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Guinea averaged 56.14 percent from 2003 until 2018, reaching an all time high of 113 percent in 2006 and a record low of 16.40 percent in 2017. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Guinea Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.