Gross external debt, Percent of GDP (Balance of Payments and) in Guinea
Guinea: Gross external debt, Percent of GDP (Balance of Payments and) was 22.06 in 2027. ◆ Volatile
Gross external debt, Percent of GDP (Balance of Payments and) in Guinea, 2000–2027
Source: International Monetary Fund.
Analysis
The most recent figure for gross external debt, percent of gdp (balance of payments and) in Guinea is 22.06, measured in 2027.
That represents a change of up 5.0% on the previous year and up 7.5% over ten years.
Over the whole period, gross external debt, percent of gdp (balance of payments and) in Guinea peaked at 84.31 in 2001 and was at its lowest, 17.69, in 2012.
That places Guinea 33rd out of 45 countries with data for 2027, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross external debt, Percent of GDP (Balance of Payments and) in Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 80.74 | — |
| 2001 | 84.31 | +4.4% |
| 2002 | 75.72 | -10.2% |
| 2003 | 70.69 | -6.6% |
| 2004 | 65.65 | -7.1% |
| 2005 | 71.78 | +9.3% |
| 2006 | 76.29 | +6.3% |
| 2007 | 51.33 | -32.7% |
| 2008 | 44.93 | -12.5% |
| 2009 | 47.74 | +6.3% |
| 2010 | 46 | -3.6% |
| 2011 | 47.43 | +3.1% |
| 2012 | 17.69 | -62.7% |
| 2013 | 18.83 | +6.5% |
| 2014 | 20.84 | +10.7% |
| 2015 | 21.37 | +2.5% |
| 2016 | 22.48 | +5.2% |
| 2017 | 20.52 | -8.7% |
| 2018 | 19.87 | -3.2% |
| 2019 | 19.85 | -0.1% |
| 2020 | 27.35 | +37.8% |
| 2021 | 24.68 | -9.8% |
| 2022 | 21.95 | -11.1% |
| 2023 | 21.07 | -4.0% |
| 2024 | 19.55 | -7.2% |
| 2025 | 19.64 | +0.5% |
| 2026 | 21 | +6.9% |
| 2027 | 22.06 | +5.0% |
Guinea compared with similar countries
- Guinea's 22.06 is below the median for Sub-Saharan Africa, which is 26.53, 83% of the median. (45 countries reporting)
- Guinea's 22.06 is below the median for lower middle income countries, which is 30.44, 72% of the median. (19 countries reporting)
Biggest year-on-year movements
Years where Gross external debt, Percent of GDP (Balance of Payments and) 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 |
|---|---|---|---|
| 2012 | -62.7% | 47.43 | 17.69 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 66.92 | 44.93 | 84.31 | 10 |
| 2010s | 25.49 | 17.69 | 47.43 | 10 |
| 2020s | 22.16 | 19.55 | 27.35 | 8 |
Countries ranked near Guinea
- 30 Sierra Leone 23.19 compare
- 31 Central African Republic 23.03 compare
- 32 Malawi 22.1 compare
- 34 Uganda 21.93 compare
- 35 South Africa 19.64 compare
- 36 Burkina Faso 19.1 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 gross external debt, percent of gdp (balance of payments and) in Guinea?
- Gross external debt, percent of gdp (balance of payments and) in Guinea was 22.06 in 2027, according to International Monetary Fund.
- What is the highest gross external debt, percent of gdp (balance of payments and) recorded in Guinea?
- The highest recorded value was 84.31 in 2001.
- What is the lowest gross external debt, percent of gdp (balance of payments and) recorded in Guinea?
- The lowest recorded value was 17.69 in 2012.
- How does Guinea rank for gross external debt, percent of gdp (balance of payments and)?
- Guinea ranks 33rd out of 45 countries with data for 2027.
- Is gross external debt, percent of gdp (balance of payments and) rising or falling in Guinea?
- Over the last ten years it is up 7.5%. 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 Gross external debt, Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.