La contribution de la pêche à l’économie guinéenne : une évaluation à partir de l’élaboration d’un cadre d’indicateurs économiques clés 

Translated title of the contribution: The contribution of fishing to the Guinean economy: an assessment based on the development of a framework of key economic indicators

Moustapha Dème, El hadj Bara Dème, Pierre Failler, Mohamed Soumah, Youssouf Hawa Camara

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The aim of this article is to quantify the economic contribution of the fishing sector to Guinea’s economy. The employed method involves calculating the direct added value generated by the sector across various segments such as production, processing, fish mongering, and exportation. This data then serves to evaluate the sector’s impact on Guinea’s Gross Domestic Product (GDP). In addition to these financial indicators, the analysis also covers other key areas such as job creation, food security, and contributions to the national budget. The information sources include various databases and documents provided by organisations responsible for fisheries management in Guinea. In terms of results, the average annual apparent availability of fish is 258,260 tonnes for the period 2009-2018, with a per capita consumption of 21.5 kg per year. The fishing sector also employs a significant portion of the active population, namely 237,240 individuals, which accounts for 12.1 % of the total active population estimated at 1.9 million people. Financially, the added value created by the sector is estimated to average 3,193 billion GNF over the decade 2009-2018, broken down as follows: 2,210 billion GNF from production, 355.5 billion GNF from fish mongering, 450 billion GNF from artisanal processing, 93.5 billion GNF from exports, and 87.5 billion GNF in tax revenues. This added value represents an average of 6 % of Guinea’s GDP, a figure considerably higher than the 1,815 billion GNF estimated by the National Institute of Statistics (INS), which focuses solely on the primary sector. Furthermore, the trade balance of the sector is positive, with an average of 155 billion GNF. Despite this substantial contribution to the economy, the Guinean fishing sector is hindered by the lack of high-value-added products, insufficient investment in industrial training, and the absence of clear strategic directions.
Translated title of the contributionThe contribution of fishing to the Guinean economy: an assessment based on the development of a framework of key economic indicators
Original languageFrench
Number of pages20
Issue number2
Publication statusPublished - 1 Nov 2023

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