Guinea’s economic growth has remained steady thanks to reforms improving the business environment. Real GDP growth is estimated at 6.2% for 2019 (6.0% in 2018). The tertiary sector’s contribution to growth—improved traffic at the Conakry port, growth of the mobile phone sector, and the opening of new hotel complexes—was 3.6 points in 2018, while those of the primary and secondary sectors were 0.7 points and 1.7 points, respectively.
At the end of 2019, the banking sector of Guinea represented a total asset of $1.8 billion.
Credit distributed to private sector in 2019 represents $1 billion.