Elections: none
Communists: no Communist party, although there are some sympathizers
Member of: ACP, AfDB, ECA, ECOWAS, FAO, G-77, IBA, IBRD, ICAO, ICO, IDA,
IDB—Islamic Development Bank, IFAD, ILO, IMF, IMO, INTELSAT, INTERPOL, ITU,
Mano River Union, Niger River Commission, NAM, OAU, OIC, UN, UNESCO,
UPU, WHO, WMO
Diplomatic representation: Ambassador Kekoura CAMARA; Chancery at
2112 Leroy Place NW, Washington DC 20008; telephone (202) 483-9420;
US—Ambassador Samuel E. LUPO; Embassy at 2nd Boulevard and 9th Avenue,
Conakry (mailing address is B. P. 603, Conakry); telephone 44-15-20 through 24
Flag: three equal vertical bands of red (hoist side), yellow, and green; uses the popular pan-African colors of Ethiopia; similar to the flag of Rwanda which has a large black letter R centered in the yellow band
- Economy Overview: Although possessing many natural resources and considerable potential for agricultural development, Guinea is one of the poorest countries in the world. The agricultural sector contributes about 40% to GDP and employs more than 80% of the work force, while industry accounts for about 25% of GDP. Guinea possesses over 25% of the world's bauxite reserves; exports of bauxite and alumina accounted for more than 80% of total exports in 1986.
GDP: $2.5 billion, per capita $350; real growth rate 5.0% (1988)
Inflation rate (consumer prices): 27.0% (1988)
Unemployment rate: NA%
Budget: revenues $357 million; expenditures $480 million, including capital expenditures of $229 million (1988 est.)