The IMF Country Reports Series covers economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with officials of the country, is published at the option of the member.
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.