Charting Guinea – Charting Economy

Pages

57 pages

Published

January 2022

Update frequency

On a semi-annual basis

Format

PDF, Horizontal, Screen friendly

Key Questions


Begin With Questions, Not Information

 

Part of Guinea’s economic profile, economic structure section gives readers useful views to understand what matters for Guinea’s economy.

KEY QUESTIONS ADDRESSED

  • What is the size of Guinea’s economy in relation to the world’s major economies?
  • What is the size of Guinea’s population?
  • What is the demographic structure of Guinea? Is it favorable for economic growth?
  • How has the structure of GDP changed over the years?
  • How much does Guinea’s economy rely on external trade?
  • What are the key regions for Guinea’s economy?
  • Economic Freedom Index: How free is Guinea’s economy?

Part of Guinea’s economic profile, this section explores Guinea’s competitiveness at the global level. It also covers Guinea’s attractiveness to foreign direct investment.

KEY QUESTIONS ADDRESSED

  • How competitive is Guinea?
  • How are Guinea’s competitive factors compared to those of other countries?
  • How is the average wage in Guinea compared to others in the region?
  • How has labor productivity in Guinea changed over the years and in relation to comparable countries?
  • Is it easy to do business in Guinea?
  • How good is Guinea in attracting Foreign Direct Investment?

Part of the country’s economic profile, this section explores Guinea’s average income and its distribution, poverty as well as other development indicators.

KEY QUESTIONS ADDRESSED

  • What is the level of income for an average person in Guinea?
  • What is the poverty rate in Guinea and how does it compare to others?
  • How has an unemployment rate in Guinea changed over the recent years?
  • How is income distributed in Guinea and how does it compare to others?
  • What is the current level of human development in Guinea?
  • How has the quality of life in Guinea changed over the years?
  • How many SDG has Guinea achieved to date?

Part of Guinea’s economic outlook, this section explores Guinea’s recent economic growth, its key drivers and well as the growth outlook for the coming years.

KEY QUESTIONS ADDRESSED

  • What has been the growth rate of Guinea’s economy over the past 10 years and how does it compare with others?
  • What were the key growth drivers for Guinea’s economy in the last year?
  • How much does each sector contribute to the overall growth?
  • What is the growth outlook for Guinea’s economy over the next 3 years and how does it compare with others?

Part of Guinea’s economic outlook, this section explores Guinea’s macro-economic risks, including inflation, financial sector, budget deficit,  balance of payment and exchange rate.

KEY QUESTIONS ADDRESSED

  • What is the risk of inflation in Guinea over the next 12 months?
  • What is the health of Guinea’s banking sector?
  • What has been the trend in Guinea’s fiscal budget deficit and the subsequent fiscal risk over the next 5 years?
  • Breaking down Guinea’s Balance of Payment: Where are the key risks?
  • How good is Guinea in getting foreign exchange by the mean of commerce?
  • Does Guinea have enough international reserves to service its debt and for import?
  • What is the FX risk? How has the currency performed compared to others?

From IMF’s World Economic Outlook Report

GDP growth
Inflation
Population
Unemployment rate
Government budget and debt
Current account

Detailed rankings and scores for Botswana and comparable economies.

Starting a business
Dealing with construction permits
Getting electricity
Registering property
Getting credit
Protecting Minority Investors
Paying taxes
Trading across borders
Enforcing contracts
Resolving Insolvency

 

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