Public and publicly guaranteed debt service in Guinea
Guinea: Public and publicly guaranteed debt service was 2.8% in 2024. ◆ Volatile
Public and publicly guaranteed debt service in Guinea, 1986–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
In 2024, public and publicly guaranteed debt service in Guinea stood at 2.8%.
That represents a change of up 57.3% on the previous year and up 18.6% over ten years.
Over the whole period, public and publicly guaranteed debt service in Guinea peaked at 23.7% in 1987 and was at its lowest, 0.9%, in 2020.
That places Guinea 100th out of 120 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Public and publicly guaranteed debt service in Guinea, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1986 | 9.3% | — |
| 1987 | 23.7% | +153.0% |
| 1988 | 20.3% | -14.1% |
| 1989 | 14.7% | -27.6% |
| 1990 | 17.8% | +21.0% |
| 1991 | 14.4% | -19.3% |
| 1992 | 11.9% | -17.0% |
| 1993 | 10.6% | -11.4% |
| 1994 | 13.9% | +31.7% |
| 1995 | 22.8% | +64.2% |
| 1996 | 13.5% | -40.9% |
| 1997 | 18.5% | +36.9% |
| 1998 | 17.3% | -6.4% |
| 1999 | 15.3% | -11.5% |
| 2000 | 19.5% | +27.1% |
| 2001 | 12.1% | -37.7% |
| 2002 | 11.5% | -5.5% |
| 2003 | 12.9% | +12.3% |
| 2004 | 18.8% | +46.2% |
| 2005 | 15.1% | -19.7% |
| 2006 | 13.0% | -14.3% |
| 2007 | 10.4% | -19.7% |
| 2008 | 7.3% | -30.0% |
| 2009 | 9.3% | +27.3% |
| 2010 | 4.5% | -51.9% |
| 2011 | 11.2% | +152.3% |
| 2012 | 4.1% | -63.7% |
| 2013 | 1.9% | -53.2% |
| 2014 | 2.4% | +25.2% |
| 2015 | 2.4% | +1.5% |
| 2016 | 2.3% | -6.7% |
| 2017 | 1.7% | -25.3% |
| 2018 | 2.6% | +56.5% |
| 2019 | 2.4% | -8.8% |
| 2020 | 0.9% | -64.4% |
| 2021 | 1.0% | +14.6% |
| 2022 | 1.8% | +87.2% |
| 2023 | 1.8% | -2.2% |
| 2024 | 2.8% | +57.3% |
Guinea compared with similar countries
- Guinea's 2.8% is below the median for lower middle income countries, which is 6.4%, 44% of the median. (43 countries reporting)
- Guinea's 2.8% is below the median for Sub-Saharan Africa, which is 5.7%, 50% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 17.0% | 9.3% | 23.7% | 4 |
| 1990s | 15.6% | 10.6% | 22.8% | 10 |
| 2000s | 13.0% | 7.3% | 19.5% | 10 |
| 2010s | 3.6% | 1.7% | 11.2% | 10 |
| 2020s | 1.7% | 0.9% | 2.8% | 5 |
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)
- Net financial flows, IDA (NFL, current US$), per square kilometre 136.59 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is public and publicly guaranteed debt service in Guinea?
- Public and publicly guaranteed debt service in Guinea was 2.8% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Guinea?
- The highest recorded value was 23.7% in 1987.
- What is the lowest public and publicly guaranteed debt service recorded in Guinea?
- The lowest recorded value was 0.9% in 2020.
- How does Guinea rank for public and publicly guaranteed debt service?
- Guinea ranks 100th out of 120 countries with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in Guinea?
- Over the last ten years it is up 18.6%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Public and publicly guaranteed debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to exports of goods, services, and income. Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.