Debt on Non-concessional terms to GDP in Guinea
Guinea: Debt on Non-concessional terms to GDP was 10.3% in 2011. ▼ Falling
Debt on Non-concessional terms to GDP in Guinea, 1986–2011
Source: World Bank, Global Development Finance. Measured in % of GDP.
Analysis
In 2011, debt on non-concessional terms to gdp in Guinea stood at 10.3%. That is the lowest value across all 26 years on record.
Compared with earlier readings it is down 11.1% on the previous year and down 61.6% over ten years.
Over the whole period, debt on non-concessional terms to gdp in Guinea peaked at 35.7% in 1987 and was at its lowest, 10.3%, in 2011.
That places Guinea 25th out of 50 countries with data for 2011, putting it in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
Debt on Non-concessional terms to GDP in Guinea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1986 | 32.9% | — |
| 1987 | 35.7% | +8.5% |
| 1988 | 32.5% | -8.7% |
| 1989 | 32.0% | -1.5% |
| 1990 | 30.1% | -6.1% |
| 1991 | 27.2% | -9.6% |
| 1992 | 20.5% | -24.7% |
| 1993 | 21.1% | +3.2% |
| 1994 | 23.1% | +9.5% |
| 1995 | 21.4% | -7.6% |
| 1996 | 21.1% | -1.1% |
| 1997 | 27.5% | +30.3% |
| 1998 | 25.1% | -8.8% |
| 1999 | 25.6% | +1.8% |
| 2000 | 28.0% | +9.6% |
| 2001 | 26.9% | -3.8% |
| 2002 | 26.8% | -0.5% |
| 2003 | 20.0% | -25.6% |
| 2004 | 15.9% | -20.3% |
| 2005 | 17.2% | +7.8% |
| 2006 | 19.8% | +15.2% |
| 2007 | 12.9% | -34.6% |
| 2008 | 14.5% | +12.3% |
| 2009 | 11.9% | -18.0% |
| 2010 | 11.6% | -2.3% |
| 2011 | 10.3% | -11.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 33.3% | 32.0% | 35.7% | 4 |
| 1990s | 24.3% | 20.5% | 30.1% | 10 |
| 2000s | 19.4% | 11.9% | 28.0% | 10 |
| 2010s | 11.0% | 10.3% | 11.6% | 2 |
Countries ranked near Guinea
More external debt data for Guinea
- IFC, private nonguaranteed -14.19 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita -0.9617 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP -0.0006 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre -94.2 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 1.5% (2024)
- Net financial flows, IDA 64.73 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 4.39 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0026 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD -14.56 million NFL, current US$ (1992)
- Public and publicly guaranteed debt service 2.8% (2024)
Frequently asked questions
- What is debt on non-concessional terms to gdp in Guinea?
- Debt on non-concessional terms to gdp in Guinea was 10.3% in 2011, according to World Bank, Global Development Finance.
- What is the highest debt on non-concessional terms to gdp recorded in Guinea?
- The highest recorded value was 35.7% in 1987.
- What is the lowest debt on non-concessional terms to gdp recorded in Guinea?
- The lowest recorded value was 10.3% in 2011.
- How does Guinea rank for debt on non-concessional terms to gdp?
- Guinea ranks 25th out of 50 countries with data for 2011.
- Is debt on non-concessional terms to gdp rising or falling in Guinea?
- Over the last ten years it is down 61.6%. The long-run trend across the full record is falling.
- Where does this Guinea data come from?
- The figures come from World Bank, Global Development Finance, published as part of Debt on Non-concessional terms to GDP (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Non-concessional LDOD conveys information about the borrower's receipt of aid from official lenders on non-concessional terms as defined by the Development Assistance Committee (DAC) of the OECD. Concessional debt is defined as loans with an original grant element of 25 percent or more. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 10 percent. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. Loans from major regional development banks--African Development Bank, Asian Development Bank, and the Inter-American Development Bank--and from the World Bank are classified as concessional according to each institution's classification and not according to the DAC definition, as was the practice in earlier reports. Long-term debt outstanding and disbursed (LDOD) is the total outstanding long-term debt at year end. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents and repayable in currency, goods, or services. Data are in current U.S. dollars.