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Guinea - business -- Review
Financial development
According to a recent financial report, the Gulf of Guinea has become one of the world' s most promising areas for new petroleum development. This income source in itself will help expand the infrastructure on which tourism depends.
Guinea - business -- Review
Economic indexes
GDP (purchasing power parity): $10.6 billion (2008 est.)
GDP (real growth rate): 4.5% (2008 est.)
GDP (purchasing power parity per capita): $1,100 (2008 est.)
GDP (composition by sector): agriculture: 23.2%, industry: 39.5%, services: 37.3% (2008 est.)
Inflation rate (consumer prices): 15% (2008 est.)
Budget (2008 est.): revenues - $769.7 million, expenditures - $837.7 million
Agriculture (products): rice, coffee, pineapples, palm kernels, cassava (tapioca), bananas, sweet potatoes
Industries: bauxite, gold, diamonds; alumina refining; light manufacturing and agricultural processing industries
Exports: $1.392 billion (2008 est.)
Exports (commodities): bauxite, alumina, gold, diamonds, coffee, fish, agricultural products
Exports (partners): Spain 11.6%, Russia 11%, Ukraine 9.7%, Guinea 7.7%, South Korea 7.2%, US 6.7%, China 5.6%, Ireland 4.8%, France 4.8% (2008 est.)
Imports: $1.388 billion (2008 est.)
Imports (commodities): petroleum products, metals, machinery, transport equipment, textiles, grain and other foodstuffs
Imports (partners): China 10.3%, France 7.8%, Netherlands 7.6% (2008 est.)
Guinea - business -- Employment
Employment
Labor force: 4.4 million (2007 est.)
Labor force (by occupation): agriculture 76%, industry and services 24% (2006 est.)
Unemployment rate: NA%
Population below poverty line: 40% (2004 est.)
Guinea - business -- Companies
Biggest companies in Guinea
| Branch |
Companies |
| Food |
Nestle SA |
| Construction |
Kruger, United States Steel Corporation |
| Energy & water |
SEEG, Garafiri, Sogel |
| Metals & mining |
Ashanti Goldfields Co Ltd., Murchison United, Rusal UAO |
| Telecommunications services |
France Telecom, MTN Group Ltd Mobile Telephone Networks, Sonatel, Getesa |
| Conglomerate |
Bollore |
| Holding |
Ona |
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