MultiEducator · Nation by Nation
HistoryCentral Est. 1996
Flag of Guinea
flag — Guinea
Nation by Nation

Guinea

Economy

$25.0 billion
GDP
World Bank · 2024
$1,695
GDP / Capita
World Bank · 2024
+5.4%
GDP Growth
World Bank · 2024
5.1%
Unemployment
World Bank · 2024

Guinea is a poor West African economy that, paradoxically, holds some of the world's largest reserves of bauxite — the ore for aluminum — making it a leading global supplier, mostly to China.

Despite vast mineral and hydropower potential, Guinea remains underdeveloped, held back by political instability, including a 2021 coup, and weak infrastructure.

Key Sectors

The economy is dominated by mining, above all bauxite (Guinea has the world's largest reserves), along with gold, diamonds, iron ore, and subsistence agriculture.

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