Driver Overview
This section shows a country’s rank, ranking change and score for each of the eight drivers. It also categorises each country’s driver performance on a scale from “Emerging” (score from 0-20) to “Global Leader” (score from 80-100).
Rank
Score /100
Best practice
Metric Overview
Strengths
Financial stability
Guinea’s financial stability score is the third highest among African Countries. A stable financial market smooths the flow of funds between infrastructure assets and investors, although the long-term impacts of the COVID-19 pandemic could affect Guinea’s financial stability.
Prevalence of foreign ownership
Among Low Income Countries, Guinea has the highest prevalence of foreign ownership. Policies that promote foreign investment can increase the supply of capital, promote competition and, in theory, reduce the costs of financing and delivering infrastructure.
Time required to start a business
According to the World Bank, the time required to start a business in Guinea is 15 days, faster than the Low Income Countries’ average of 18 days. Shorter times to set up businesses can persuade businesses to set up in a country, including new infrastructure entities.
Top Performing Metrics
Top Performing Metrics
This is defined by the metrics with the highest unweighted score out of 100.
Financial markets:
Financial stability
Regulatory frameworks:
Prevalence of foreign ownership
Permits:
Time required to start a business
Opportunities to Grow
Market sounding and/or assessment
According to the World Bank, there is an absence of a market sounding process in Guinea. Adding one could allow the government to determine if there is an interest from investors and lenders to provide commercial financing for projects.
Shareholder governance
Guinea is not considered to have strong legal protections for shareholders. A failure to adequately enforce disclosure and transparency standards lowers the confidence of investors, hurting entities that fund or deliver infrastructure.
GDP per capita
Despite a 20 year average long-term growth figure of over 6%, Guinea still has one of the lowest levels of GDP per capita of all InfraCompass 2020 countries, at only USD 981 in 2019. Despite this, GDP per capita has more than doubled in the past 20 years, with this trend expected to continue.
Metrics to Improve
Metrics to Improve
This is defined by the metrics with the lowest weighted score out of 100, such that these metrics would have the greatest impact on the overall score.
For metrics that have binary outcomes (yes=100/no=0), no comparative income group average is reported.
Planning:
Market sounding and/or assessment
Governance:
Shareholder governance
Funding capacity:
GDP per capita
Detailed Data
This section shows country data for each of the 41 metrics. The figures in brackets denote the change in score since InfraCompass 2017.
Note that all data has been normalised on a scale of 1-100. For raw metric data, please download the complete InfraCompass 2020 dataset.
Where relevant, some metric scores have been inverted, such that all metrics have positive relationships with good infrastructure outcomes. For example, since lower compliance costs make it easier to invest in infrastructure, the normalised value of ‘number of procedures to start a business’ has been reversed such that lower number of procedures are scored closer to 100, and higher numbers closer to 0. In other words, a score of 0 indicates a poor performance, rather than 0 number of procedures.
28.2%
The recovery rate is recorded as cents on the dollar recovered by secured creditors through reorganisation, liquidation or debt enforcement (foreclosure or receivership) proceedings.
20.7%
World Governance Composite Indicator reflecting perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. The rule of law reflects whether the law imposes limits of power on the state, private sector and individuals.
18.1%
Whether the country conducts post-completion reviews on infrastructure projects to ensure the forecast outcomes are being achieved.
15.1%
Measures the governance practices that protect shareholders through three dimensions: the extent of shareholder rights index (shareholders’ rights and role in major corporate decisions), the extent of ownership and control index (governance safeguards protecting shareholders from undue board control and entrenchment), and the extent of corporate transparency index (corporate transparency on ownership stakes).
12.8%
Political stability and absence of violence score
Measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution i.e. ranging from approximately -2.5 to 2.5.
5%
Whether an infrastructure agency exists to coordinate an integrated approach to infrastructure delivery and policy.
Guinea
Low Income Countries Average
Description
The recovery rate is recorded as cents on the dollar recovered by secured creditors through reorganisation, liquidation or debt enforcement (foreclosure or receivership) proceedings.
Weighting (% of Driver)
28.2%
Source Link
Description
World Governance Composite Indicator reflecting perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. The rule of law reflects whether the law imposes limits of power on the state, private sector and individuals.
Weighting (% of Driver)
20.7%
Description
Whether the country conducts post-completion reviews on infrastructure projects to ensure the forecast outcomes are being achieved.
Weighting (% of Driver)
18.1%
Source Link
Description
Measures the governance practices that protect shareholders through three dimensions: the extent of shareholder rights index (shareholders’ rights and role in major corporate decisions), the extent of ownership and control index (governance safeguards protecting shareholders from undue board control and entrenchment), and the extent of corporate transparency index (corporate transparency on ownership stakes).
Weighting (% of Driver)
15.1%
Source Link
Description
Measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution i.e. ranging from approximately -2.5 to 2.5.
Weighting (% of Driver)
12.8%
Description
Whether an infrastructure agency exists to coordinate an integrated approach to infrastructure delivery and policy.
Weighting (% of Driver)
5%
Source Link
Country Overview Data
1,128 USD
Population14.3 million persons
41.7 (0-100 best)
Infrastructure investment7.0% of GDP
Infrastructure gap5.2% of GDP
13.4 USD billion
GDP growth rate5.9%
GDP per capita growth rate7.8%
Gini coefficient33.7 (0-100 worst)
Gross Government Debt45.0% of GDP
Inflation rate8.9%
Unemployment rate3.6%
Urbanisation ratio36.0% of total population
Road connectivity59.2 (0-100 best)
3.7 (1-7 best)
Efficiency of air transport services5.1 (1-7 best)
Efficiency of seaport services5.0 (1-7 best)
Electricity access17.2% of population
Exposure to unsafe drinking water78.7% of population
Reliability of water supply3.5 (1-7 best)
Digital Adoption Index0.2 (0-1 best)
Mobile-broadband subscriptions30.4 per 100 population
Fixed-broadband Internet subscriptions0.0 per 100 population