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Economy power of Guinea & Papua New Guinea

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Guinea vs Papua New Guinea

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Guinea Papua New Guinea
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Official name for the nation is the Republic of Guinea. It is also known as Guinea-Conakry due to numerous other nations with "Guinea" in the name. It is located in the western region of Africa. With a population of 12.4 million and an area of 245,857 square kilometers, its density is at around 40 people per square kilometers. More about Guinea The official name of the nation is the Independent State of Papua New Guinea and it is a nation located in Oceania. It shares the island of New Guinea with Melanesia In spite of that, the nation still has a large area of land exceeding 462,000 square kilometers.  More about Papua New Guinea

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Guinea Papua New Guinea
Position in the ranking of countries 111 (2023) 104 (2023)
GDP [US$] 22,199,409,741 30,729,242,919
Percentage of the other 72.2 % 138.4 %

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

Guinea Papua New Guinea
Position in the ranking of countries 110 (2023) 103 (2023)
GNI [US$] 20,265,865,041 28,819,335,417
Percentage of the other 70.3 % 142.2 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Guinea Papua New Guinea
Position in the ranking of countries 95 (2023) 48 (2004)
External balance [US$] -1,645,376,312 520,159,449
Percentage of the other -316.3 % -31.6 %

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

Guinea Papua New Guinea
Position in the ranking of countries 95 (2023) 48 (2004)
Unemployment [%] 5.23 2.74
Percentage of the other 190.9 % 52.4 %

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(India)

Guinea Papua New Guinea
Position in the ranking of countries 72 (2023) 91 (2023)
Population 14,405,468 10,389,635
Percentage of the other 138.7 % 72.1 %

Population growth (annual %)

Density

Gender

Demography