IMF Staff Country Reports

Guinea: Background Paper

Publication Date:

February 7, 1996

Summary:

This Background Paper on Guinea highlights that Guinea’s relatively strong macroeconomic performance during 1987–94 allowed for an annual increase in real per capita GDP of 1 percent. On the basis of national account estimates, the growth of value added in the primary sector averaged about 3.7 percent annually during 1986–92 before accelerating to some 5 percent during 1993–94. The buoyancy in the primary sector reflected mainly a strong response of agriculture to economic liberalization and large investments in the agricultural sector.

Series:

Country Report No. 1996/007

Subject:

Banking Civil service Commercial banks Economic sectors Exports Financial institutions International trade Labor Mining sector Monetary base Money

Notes:

This background paper on Guinea was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. As such, the views expressed in this document are those of the staff team and do not necessarily reflect the views of the Government of Guinea or the Executive Board of the IMF.