gn Guinea 2023

Detailed economic analysis and indicators for 2023

Year 2023

Key Economic Indicators (2023)

GDP (Current USD)

$22.20 billion

↑ 11.50% vs 2022
GDP per Capita

$1,541.04

↑ 8.78% vs 2022
GDP Growth (Annual %)

6.74%

↑ 2.77pp vs 2022
Inflation Rate (CPI %)

7.80%

↓ 2.69pp vs 2022

Year-over-Year Comparison

Indicator 2022 2023 Change
GDP (Current USD) $19.91 billion $22.20 billion +11.50%
GDP per Capita $1,416.60 $1,541.04 +8.78%
GDP Growth (Annual %) 3.97% 6.74% +2.77pp
Inflation (CPI %) 10.49% 7.80% -2.69pp
Unemployment Rate (%) 5.27% 5.24% -0.02pp

All Economic Indicators (2023)

National Accounts
GDP (Current USD)
$22.20 billion
GDP per Capita
$1,541.04
GDP Growth (Annual %)
6.74%
Gross National Income
$20.27 billion
Prices & Employment
Inflation (CPI %)
7.80%
Inflation (GDP Deflator %)
3.92%
Unemployment Rate (%)
5.24%
Interest Rate (Real %)
N/A
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
10.31%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2023, Guinea's Gross Domestic Product (GDP) is $22.20 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Guinea for 2023 is $1,541.04. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Guinea for 2023 is 7.80%. This measures the annual percentage change in the cost of consumer goods and services.

Guinea's annual GDP growth rate for 2023 is 6.74%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Guinea for 2023 is 5.24%. This represents the percentage of the labor force that is unemployed and actively seeking employment.