The 2003 CIA World Factbook. United States. Central Intelligence Agency

the World Bank/IMF October 2000 assessment.

       However, fighting along the Sierra Leonean and Liberian borders has

       caused major economic disruptions. In addition to direct defense

       costs, the violence has led to a sharp decline in investor

       confidence. Foreign mining companies have reduced expatriate staff,

       while panic buying has created food shortages and inflation in local

       markets. Multilateral aid - including Heavily Indebted Poor

       Countries (HIPC) debt relief - and single digit inflation permitted

       moderate 3.7% growth in 2002. Growth should strengthen in 2003

       because of a slowly improving security situation and increased

       investor confidence.

      GDP:

       purchasing power parity - $18.69 billion (2002 est.)

      GDP - real growth rate:

       3.7% (2002 est.)

      GDP - per capita:

       purchasing power parity - $2,100 (2002 est.)

      GDP - composition by sector: agriculture: 25% industry: 37% services: 38% (2001 est.)

      Population below poverty line: 40% (1994 est.)

      Household income or consumption by percentage share: lowest 10%: 2.6% highest 10%: 32% (1994)

      Distribution of family income - Gini index:

       40.3 (1994)

      Inflation rate (consumer prices):

       6% (2002 est.)

      Labor force:

       3 million (1999)

      Labor force - by occupation:

       agriculture 80%, industry and services 20% (2000 est.)

      Unemployment rate:

       NA%

      Budget:

       revenues: $395.7 million

       expenditures: $472.4 million, including capital expenditures of $NA

       million (2000 est.)

      Industries:

       bauxite, gold, diamonds; alumina refining; light manufacturing and

       agricultural processing industries

      Industrial production growth rate:

       3.2% (1994)

      Electricity - production:

       790.6 million kWh (2001)

      Electricity - production by source: fossil fuel: 45.5% hydro: 54.5% other: 0% (2001) nuclear: 0%

      Electricity - consumption:

       735.2 million kWh (2001)

      Electricity - exports:

       0 kWh (2001)

      Electricity - imports:

       0 kWh (2001)

      Oil - production:

       0 bbl/day (2001 est.)

      Oil - consumption:

       8,600 bbl/day (2001 est.)

      Oil - exports:

       NA (2001)

      Oil - imports:

       NA (2001)

      Agriculture - products: rice, coffee, pineapples, palm kernels, cassava (tapioca), bananas, sweet potatoes; cattle, sheep, goats; timber

      Exports: $835 million f.o.b. (2002 est.)

      Exports - commodities:

       bauxite, alumina, gold, diamonds, coffee, fish, agricultural

       products

      Exports - partners:

       South Korea 17.8%, Spain 10.1%, Cameroon 9.7%, Belgium 9.6%, US

       9.2%, Ireland 8.6%, France 7.1%, Russia 6.8%, Germany 5% (2002)

      Imports:

       $670 million f.o.b. (2002 est.)

      Imports - commodities:

       petroleum products, metals, machinery, transport equipment,

       textiles, grain and other foodstuffs

      Imports - partners:

       France 18.7%, Cote d'Ivoire 11%, Italy 8.9%, US 8.2%, Belgium 7.6%,

       China 5.6%, UK 5.2% (2002)

      Debt - external:

       $3.4 billion (2000 est.)

      Economic aid - recipient:

       $359.2 million (1998)

      Currency:

       Guinean franc (GNF)

      Currency code:

       GNF

      Exchange rates:

       Guinean francs per US dollar - NA (2002), 1,950.56 (2001), 1,746.87

       (2000), 1,387.4 (1999), 1,236.83 (1998)

      Fiscal year:

       calendar year

      Communications Guinea

      Telephones - main lines in use:

       37,000 (1998)

      Telephones - mobile cellular:

       21,567 (1998)

      Telephone system:

       general assessment: poor to fair system of open-wire lines, small

       radiotelephone communication stations, and new microwave radio relay

       system

       domestic: microwave radio relay and radiotelephone communication

       international: satellite earth station - 1 Intelsat (Atlantic Ocean)

      Radio broadcast stations:

       AM 4 (one station is inactive), FM 1 (plus 7 repeaters), shortwave

       3 (2001)

      Radios:

       357,000 (1997)

      Television broadcast stations:

       6 low-power stations (2001)

      Televisions:

       85,000 (1997)

      Internet country code:

       .gn

      Internet Service Providers (ISPs):

       4 (2001)

      Internet users:

       15,000 (2002)

      Transportation Guinea

      Railways:

       total: 1,115 km

       standard gauge: 311 km 1.435-m gauge

       narrow gauge: 804 km 1.000-m gauge (2002)

      Highways:

       total: 30,500 km

       paved: 5,033 km

       unpaved: 25,467 km (1999 est.)

      Waterways:

       1,295 km (navigable by shallow-draft native craft)

      Ports and harbors:

       Boke, Conakry, Kamsar

      Merchant marine:

       none (2002 est.)

      Airports:

       15 (2002)

      Airports - with paved runways:

       total: 5

       over 3,047 m: 1

       2,438 to 3,047 m: 1