Financial account balance (assets less liabilities), Net (net) in Guinea
Guinea: Financial account balance (assets less liabilities), Net (net) was -224.44 million in 2024. ◆ Volatile
Financial account balance (assets less liabilities), Net (net) in Guinea, 2005–2024
Source: International Monetary Fund.
Analysis
Guinea recorded -224.44 million for financial account balance (assets less liabilities), net (net) in 2024.
The figure is down 110.9% on the previous year and down 150.0% over ten years.
Over the whole period, financial account balance (assets less liabilities), net (net) in Guinea peaked at 4.35 billion in 2021 and was at its lowest, -2.57 billion, in 2016.
Guinea ranks 106th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Financial account balance (assets less liabilities), Net (net) in Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -19.56 million | — |
| 2006 | -156.78 million | +701.6% |
| 2007 | -259.74 million | +65.7% |
| 2008 | -419.64 million | +61.6% |
| 2009 | -315.28 million | -24.9% |
| 2010 | -240.91 million | -23.6% |
| 2011 | -1.06 billion | +340.7% |
| 2012 | -554.43 million | -47.8% |
| 2013 | 736.14 million | -232.8% |
| 2014 | 448.88 million | -39.0% |
| 2015 | -776.53 million | -273.0% |
| 2016 | -2.57 billion | +230.6% |
| 2017 | 678.32 million | -126.4% |
| 2018 | -37.99 million | -105.6% |
| 2019 | -402.04 million | +958.2% |
| 2020 | 2.74 billion | -782.4% |
| 2021 | 4.35 billion | +58.6% |
| 2022 | 3.14 billion | -27.9% |
| 2023 | 2.05 billion | -34.6% |
| 2024 | -224.44 million | -110.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -234.20 million | -419.64 million | -19.56 million | 5 |
| 2010s | -377.73 million | -2.57 billion | 736.14 million | 10 |
| 2020s | 2.41 billion | -224.44 million | 4.35 billion | 5 |
Countries ranked near Guinea
- 103 Saint Vincent and the Grenadines -172.13 million compare
- 104 Seychelles -189.72 million compare
- 105 Bhutan -203.60 million compare
- 107 Djibouti -225.99 million compare
- 108 Burundi -227.65 million compare
- 109 North Macedonia -252.90 million compare
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 financial account balance (assets less liabilities), net (net) in Guinea?
- Financial account balance (assets less liabilities), net (net) in Guinea was -224.44 million in 2024, according to International Monetary Fund.
- What is the highest financial account balance (assets less liabilities), net (net) recorded in Guinea?
- The highest recorded value was 4.35 billion in 2021.
- What is the lowest financial account balance (assets less liabilities), net (net) recorded in Guinea?
- The lowest recorded value was -2.57 billion in 2016.
- How does Guinea rank for financial account balance (assets less liabilities), net (net)?
- Guinea ranks 106th out of 197 countries with data for 2024.
- Is financial account balance (assets less liabilities), net (net) rising or falling in Guinea?
- Over the last ten years it is down 150.0%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from International Monetary Fund, published as part of Financial account balance (assets less liabilities), Net (net acquisition of financial assets less net incurrence of liabilities), Adjusted using IMF accounting records (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.