ion from the US:
chief of mission: Ambassador Tibor P. NAGY, Jr. (5 July 1996)
embassy: Rue Ka 038, Conakry
mailing address: B. P. 603, Conakry
telephone: [224] 41 15 20, 41 15 21, 41 15 23
FAX: [224] 41 15 22

Flag description: 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

@Guinea:Economy

Economy-overview: Although possessing major mineral, hydropower, and
agricultural resources, Guinea remains one of the poorest countries in
the world. The agricultural sector employs 80% of the work force.
Guinea possesses over 25% of the world's bauxite reserves and is the
second largest bauxite producer. The mining sector accounted for about
75% of exports in 1995. Long-run improvements in government fiscal
arrangements, literacy, and the legal framework are needed if the
country is to move out of poverty. The government made encouraging
progress in budget management in 1997. Except in the mining industry,
foreign investment remains minimal.

GDP: purchasing power parity-$8.3 billion (1997 est.)

GDP-real growth rate: 4.8% (1997 est.)

GDP-per capita: purchasing power parity-$1,100 (1997 est.)

GDP-composition by sector:
agriculture: 24%
industry: 31%
services: 45% (1995 est.)

Inflation rate-consumer price index: 3.5% (1996 est.)

Labor force:
total: 2.4 million (1983)
by occupation: agriculture 80.0%, industry and commerce 11.0%,
services 5.4%, civil service 3.6%

Unemployment rate: NA%

Budget:
revenues: $553 million
expenditures: $652 million, including capital expenditures of $317
million (1995 est.)

Industries: bauxite, gold, diamonds; alumina refining; light
manufacturing and agricultural processing industries

Industrial production growth rate: 3.2% (1994)

Electricity-capacity: 176,000 kW (1995)

Electricity-production: 500 million kWh (1995)

Electricity-consumption per capita: 76 kWh (1995)

Agriculture-products: rice, coffee, pineapples, palm kernels, cassava
(tapioca), bananas, sweet potatoes; cattle, sheep, goats; timber

Exports:
total value: $748 million (1995 est.)
commodities: bauxite, alumina, diamonds, gold, coffee, fish,
agricultural products
partners: US 21%, Belgium-Luxembourg 21%, Ireland 15%, Spain 15%
(1995)

Imports:
total value: $809 million (1995 est.)
commodities: petroleum products, metals, machinery, tra