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Financial Sector Overview

Guinea officially the Republic of Guinea (French: République de Guinée), is a country on the western coast of Africa. Formerly known as French Guinea (French: Guinée française), the modern country is sometimes referred to as Guinea-Conakry in order to distinguish it from other countries with "Guinea" in the name and the eponymous region, such as Guinea-Bissau and Equatorial Guinea. Guinea has a population of 12.4 million and an area of 245,860 square kilometres.

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At a Glance

At a Glance Source
Population in thousands (2017): 12,717.18
GDP per capita (current US$) 2017 - World Average 10,721.61: 823.49
Account (%) age 15+) - (2014 vs 2017): 7% | 23%
Agriculture Orientation Index - Credit ( Agriculture, Forestry and Fisheries share of GDP) (2015 vs 2016): n/a
Financial Inclusion Strategies: n/a
Domestic credit provided by financial sector (% of GDP) 2017: n/a
Made or received digital payments in the past year (% age 15+) (2014 vs 2017): 6% | 20%
Remittances % of GDP for 2017: 0.008
Mortgage Interest Rate / Mortgage Term (years): 2.50% | 2

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Latest News & Events

May 31, 2019 | Ecofin Agency
The ECOWAS Bank for Investment and Development (EBID) has just launched a bond issuance operation.
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Oct
Oct 27, 2019
Abidjan, Côte d'Ivoire
"Positioning West Africa Capital Markets to Achieve Sustainable and Real Economic Growth Through Integration and Sound Regulation" Organized by the…

Latest Publications

Oct 31, 2018 | Affordable Housing Institute | CAHF
Mar 31, 2016 | International Growth Centre | International Growth Centre
Feb 28, 2014 | S.O. Alade | Bank for International Settlements (BIS)
Oct 31, 2013 | A. Demirguc-Kunt, L. Klapper, D. Randall | The World Bank
Sep 30, 2013 | West Africa Regional Department (ORWB) | AfDB