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Economic growth: Guinea updates its GDP and shows structural growth of 51.2%

22/10/2025
Source : ORISHAS FINANCE
Categories: Sectors

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The National Institute of Statistics (INS) conducted with the Republic of Guinea, an important exercise in rebasing its Product Gross Interior (GDP), under the supervision of the Ministry of Planning and International Cooperation.

line-height: 107%; font-family: "Bookman Old Style”, serif"> The rebasing of Gross Domestic Product carried out with the support of the IMF, the Bank global , from Bank African Development and from AFRISTAT, done show an increase in GDP of 51.2%, reflecting a more faithful image and more comprehensive of the national economic structure. It updates the year of reference of national accounts from 2006 to 2018, marks a major advance for the country's economic statistics. The number of sectors taken into account a was increased to 104 branches of activity and 187 economic products, against respectively 34 and 54 earlier. This work now integrates new sources of data: agriculture, employment, informal sector, cash transfers, research and digital, to fully reflect the dynamism of the Guinean economy.

S.E. Ismaël Nabe, Minister of Planning and International Cooperation indicated that “the Rebasing GDP is not a simple statistical operation. It offers to the Guinea: a reliable economic compass and a solid basis for planning its future. It is a tool for credibility and transparency, at the service of our economic sovereignty.”

A reform that is part of a wider dynamic of modernising governance economical. In September 2025, the agency Standard & Poor's a awarded to the Republic of Guinea its first sovereign rating (B+) with stable outlook), praising macroeconomic solidity, discipline fiscal and structural reforms undertaken.

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