Guinea Overview: Development news, research, data | World Bank
Overall fiscal deficit (including grants) improved from 1.8% of GDP in 2021 to 0.9% in 2022. However, tax revenues remained low, at only 10.6% of GDP. Mining tax revenues remained stable at 2.1% of GDP. Subsidies to the electricity sector have decreased from 2.8% of GDP in 2021 to 1.9%. At the same time, the country has …