eeded if the country is to move
out of poverty. The government made encouraging progress in budget
management in 1997-99. Even with a recovery in prices for some of
Guinea's main commodity exports, annual GDP is unlikely to increase by
more than 5% in 2000-2001.

GDP: purchasing power parity - $9.2 billion (1999 est.)

GDP - real growth rate: 3.7% (1999 est.)

GDP - per capita: purchasing power parity - $1,200 (1999 est.)

GDP - composition by sector:
agriculture: 24%
industry: 31%
services: 45% (1996 est.)

Population below poverty line: NA%

Household income or consumption by percentage share:
lowest 10%: 0.9%
highest 10%: 31.7% (1991)

Inflation rate (consumer prices): 4.5% (1999 est.)

Labor force: 2.4 million (1983)

Labor force - by occupation: agriculture 80%, industry and commerce
11%, services 5.4%, civil service 3.6%

Unemployment rate: NA%

Budget:
revenues: $553 million
expenditures: $652 million, including capital expenditures of $317
million (1995 est.)

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

Industrial production growth rate: 3.2% (1994)

Electricity - production: 535 million kWh (1998)

Electricity - production by source:
fossil fuel: 63.55%
hydro: 36.45%
nuclear: 0%
other: 0% (1998)

Electricity - consumption: 498 million kWh (1998)

Electricity - exports: 0 kWh (1998)

Electricity - imports: 0 kWh (1998)

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

Exports: $695 million (f.o.b., 1998 est.)

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

Exports - partners: Russia, US, Benelux, Ukraine, Ireland, Spain
(1997)

Imports: $560 million (f.o.b., 1998 est.)

Imports - commodities: petroleum products, metals, machinery,
transport equipment, textiles, grain and other foodstuffs (1997)

Imports - partners: France, Cote d'Ivoire, US, Benelux, Hong Kong
(1997)

Debt - external: $3.15 billion (1998 est.)

Economic aid - recipient: $433.6 million (1995)

Currency: 1 Guinean franc (FG) = 100 centimes

Exchange rates: Guinean francs (FG) per US$1 - 1,292.5 (January 1999),
1,236.8 (1998), 1,095.3 (1997), 1,004.0 (1996), 991.4 (1995)

Fiscal year: calendar year

@Guinea:Communications

Telephones - main lines in use: 11,000 (1995)

Telephones - mobile cel