Debt service, reduction in arrears/prepayments in Guinea
Guinea: Debt service, reduction in arrears/prepayments was -7.97 million current US$ in 2011. ◆ Volatile
Debt service, reduction in arrears/prepayments in Guinea, 1970–2011
Source: World Bank, Global Development Finance. Measured in current US$.
Analysis
Guinea recorded -7.97 million current US$ for debt service, reduction in arrears/prepayments in 2011.
The figure is down 112.2% on the previous year and down 7,873.0% over ten years.
Over the whole period, debt service, reduction in arrears/prepayments in Guinea peaked at 257.30 million current US$ in 1989 and was at its lowest, -329.60 million current US$, in 1992.
Guinea ranks 46th of 48 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service, reduction in arrears/prepayments in Guinea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 0.01 current US$ | — |
| 1971 | 0.01 current US$ | +0.0% |
| 1972 | 0.01 current US$ | +0.0% |
| 1973 | 0.01 current US$ | +0.0% |
| 1974 | 0.01 current US$ | +0.0% |
| 1975 | 0.01 current US$ | +0.0% |
| 1976 | 0.01 current US$ | +0.0% |
| 1977 | 0.01 current US$ | +0.0% |
| 1978 | 0.01 current US$ | +0.0% |
| 1979 | 0.01 current US$ | +0.0% |
| 1980 | 0.01 current US$ | +0.0% |
| 1981 | 0.01 current US$ | +0.0% |
| 1982 | 0.01 current US$ | +0.0% |
| 1983 | 0.01 current US$ | +0.0% |
| 1984 | 0.01 current US$ | +0.0% |
| 1985 | 0.01 current US$ | +0.0% |
| 1986 | 32.40 million current US$ | +323999999900.0% |
| 1987 | 0 current US$ | -100.0% |
| 1988 | 0.01 current US$ | — |
| 1989 | 257.30 million current US$ | +2572999999900.0% |
| 1990 | 54.35 million current US$ | -78.9% |
| 1991 | 9.30 million current US$ | -82.9% |
| 1992 | -329.60 million current US$ | -3644.1% |
| 1993 | 79.30 million current US$ | -124.1% |
| 1994 | 109.30 million current US$ | +37.8% |
| 1995 | -116.50 million current US$ | -206.6% |
| 1996 | 110.27 million current US$ | -194.6% |
| 1997 | -98.94 million current US$ | -189.7% |
| 1998 | -82.29 million current US$ | -16.8% |
| 1999 | -9.59 million current US$ | -88.4% |
| 2000 | 18.00 million current US$ | -287.8% |
| 2001 | 102,535 current US$ | -99.4% |
| 2002 | -2.28 million current US$ | -2321.2% |
| 2003 | 18.15 million current US$ | -896.8% |
| 2004 | 70.19 million current US$ | +286.8% |
| 2005 | 16.02 million current US$ | -77.2% |
| 2006 | 70.71 million current US$ | +341.5% |
| 2007 | 58.37 million current US$ | -17.5% |
| 2008 | 54.47 million current US$ | -6.7% |
| 2009 | 40.28 million current US$ | -26.1% |
| 2010 | 65.22 million current US$ | +61.9% |
| 2011 | -7.97 million current US$ | -112.2% |
Biggest year-on-year movements
Years where Debt service, reduction in arrears/prepayments in Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | +2572999999900.0% | 0.01 current US$ | 257.30 million current US$ |
| 1986 | +323999999900.0% | 0.01 current US$ | 32.40 million current US$ |
| 1992 | -3644.1% | 9.30 million current US$ | -329.60 million current US$ |
| 2002 | -2321.2% | 102,535 current US$ | -2.28 million current US$ |
| 2003 | +896.8% | -2.28 million current US$ | 18.15 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.01 current US$ | 0.01 current US$ | 0.01 current US$ | 10 |
| 1980s | 28.97 million current US$ | 0 current US$ | 257.30 million current US$ | 10 |
| 1990s | -27.44 million current US$ | -329.60 million current US$ | 110.27 million current US$ | 10 |
| 2000s | 34.40 million current US$ | -2.28 million current US$ | 70.71 million current US$ | 10 |
| 2010s | 28.62 million current US$ | -7.97 million current US$ | 65.22 million current US$ | 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 service, reduction in arrears/prepayments in Guinea?
- Debt service, reduction in arrears/prepayments in Guinea was -7.97 million current US$ in 2011, according to World Bank, Global Development Finance.
- What is the highest debt service, reduction in arrears/prepayments recorded in Guinea?
- The highest recorded value was 257.30 million current US$ in 1989.
- What is the lowest debt service, reduction in arrears/prepayments recorded in Guinea?
- The lowest recorded value was -329.60 million current US$ in 1992.
- How does Guinea rank for debt service, reduction in arrears/prepayments?
- Guinea ranks 46th out of 48 countries with data for 2011.
- Is debt service, reduction in arrears/prepayments rising or falling in Guinea?
- Over the last ten years it is down 7,873.0%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from World Bank, Global Development Finance, published as part of Debt service, reduction in arrears/prepayments (current US$). Statizoid updates them automatically from the source API.
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About this data
Adjustment - debt service arrears reductions/prepayments (-), equals principal arrears reductions/prepayments plus interest arrears reductions. Data are denominated in U.S. dollars.