living fell. The Guinea franc depreciated sharply as the prices for
basic necessities like food and fuel rose beyond the reach of most
Guineans. Dissatisfaction with economic conditions prompted
nationwide strikes in February and June 2006.

GDP (purchasing power parity):
$19.4 billion (2006 est.)

GDP (official exchange rate):
$3.737 billion (2006 est.)

GDP - real growth rate:
2% (2006 est.)

GDP - per capita (PPP):
$2,000 (2006 est.)

GDP - composition by sector:
agriculture: 23.7%
industry: 36.1%
services: 40.2% (2006 est.)

Labor force:
3 million (1999)

Labor force - by occupation:
agriculture: 80%
industry and services: 20% (2000 est.)

Unemployment rate:
NA%

Population below poverty line:
40% (2003 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):
27% (2006 est.)

Investment (gross fixed):
17.6% of GDP (2006 est.)

Budget:
revenues: $288.2 million
expenditures: $556.7 million; including capital expenditures of $NA
(2006 est.)

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

Industries:
bauxite, gold, diamonds; alumina refining; light manufacturing and
agricultural processing industries

Industrial production growth rate:
NA

Electricity - production:
790 million kWh (2004)

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

Electricity - consumption:
734.7 million kWh (2004)

Electricity - exports:
0 kWh (2004)

Electricity - imports:
0 kWh (2004)

Oil - production:
0 bbl/day (2004 est.)

Oil - consumption:
8,440 bbl/day (2004 est.)

Oil - exports:
NA bbl/day (2001)

Oil - imports:
NA bbl/day (2001)

Natural gas - production:
0 cu m (2004 est.)

Natural gas - consumption:
0 cu m (2004 est.)

Current account balance:
$-344 million (2006 est.)

Exports:
$615.1 million f.o.b. (2006 est.)

Exports - commodities:
bauxite, alumina, gold, diamonds, coffee, fish, agricultural
products

Exports - partners:
Russia 14.6%, South Korea 11.3%, Spain 10.2%, Ukraine 7.9%, US
6.1%, Ireland 6%, France 5.7%, Germany 5%, Belgium 4.5% (2005)

Imports:
$730 million f.o.b. (2006 est