Report by the WTO Secretariat

During the period covered by its Fourth Trade Policy Review (TPR), Guinea introduced a number of reforms that helped to improve its economic situation. The adoption of a new Mining Code, the implementation of targeted measures in the agricultural sector, and the revival of hydro-electric power generation all helped to improve the attractiveness of the Guinean economy, which is heavily dependent on mining resources. As a result, the annual GDP growth rate, less than 2% in 2010, rose to over 5% in 2011 and 2012 before gradually subsiding to 3.5% in 2015 owing to problems in the mining sector, aggravated in 2015 by the Ebola epidemic, which seriously hampered economic activity. With the end of the epidemic in 2016, mining activities recovered and the agricultural sector began to perform well.