Public and publicly guaranteed debt service in Guinea
Guinea: Public and publicly guaranteed debt service was 1.5% in 2024. ◆ Volatile
Public and publicly guaranteed debt service in Guinea, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for public and publicly guaranteed debt service in Guinea is 1.5%, measured in 2024.
The figure is up 41.9% on the previous year and up 145.4% over ten years.
Over the whole period, public and publicly guaranteed debt service in Guinea peaked at 5.0% in 1987 and was at its lowest, 0.3%, in 1985.
That places Guinea 80th out of 123 countries with data for 2024, putting it in the middle of the range.
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 GNI | Change |
|---|---|---|
| 1970 | 0.5% | — |
| 1971 | 0.5% | -7.3% |
| 1972 | 0.5% | +6.2% |
| 1973 | 0.5% | +3.0% |
| 1974 | 0.4% | -15.8% |
| 1975 | 0.6% | +45.0% |
| 1976 | 0.6% | -4.5% |
| 1977 | 1.1% | +75.3% |
| 1978 | 0.9% | -18.3% |
| 1979 | 1.1% | +28.7% |
| 1980 | 1.1% | -3.8% |
| 1981 | 1.0% | -11.6% |
| 1982 | 0.7% | -27.7% |
| 1983 | 0.5% | -34.1% |
| 1984 | 0.6% | +31.2% |
| 1985 | 0.3% | -51.3% |
| 1986 | 1.9% | +557.2% |
| 1987 | 5.0% | +159.5% |
| 1988 | 3.5% | -30.1% |
| 1989 | 3.1% | -11.8% |
| 1990 | 4.0% | +29.9% |
| 1991 | 2.9% | -28.2% |
| 1992 | 1.8% | -39.0% |
| 1993 | 1.7% | -3.1% |
| 1994 | 1.9% | +13.5% |
| 1995 | 3.1% | +58.9% |
| 1996 | 1.9% | -38.8% |
| 1997 | 2.6% | +36.1% |
| 1998 | 2.8% | +7.5% |
| 1999 | 2.4% | -13.3% |
| 2000 | 3.4% | +44.0% |
| 2001 | 2.5% | -28.2% |
| 2002 | 2.1% | -14.9% |
| 2003 | 2.0% | -6.5% |
| 2004 | 3.1% | +56.4% |
| 2005 | 3.5% | +14.3% |
| 2006 | 3.4% | -3.0% |
| 2007 | 2.2% | -35.5% |
| 2008 | 1.5% | -29.8% |
| 2009 | 1.6% | +5.1% |
| 2010 | 1.0% | -37.1% |
| 2011 | 2.6% | +153.6% |
| 2012 | 1.2% | -55.5% |
| 2013 | 0.5% | -58.5% |
| 2014 | 0.6% | +25.6% |
| 2015 | 0.5% | -11.5% |
| 2016 | 0.7% | +25.4% |
| 2017 | 0.8% | +15.9% |
| 2018 | 0.9% | +21.7% |
| 2019 | 0.7% | -20.5% |
| 2020 | 0.6% | -25.5% |
| 2021 | 0.6% | +11.0% |
| 2022 | 0.8% | +36.2% |
| 2023 | 1.0% | +23.3% |
| 2024 | 1.5% | +41.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.7% | 0.4% | 1.1% | 10 |
| 1980s | 1.8% | 0.3% | 5.0% | 10 |
| 1990s | 2.5% | 1.7% | 4.0% | 10 |
| 2000s | 2.5% | 1.5% | 3.5% | 10 |
| 2010s | 0.9% | 0.5% | 2.6% | 10 |
| 2020s | 0.9% | 0.6% | 1.5% | 5 |
Countries ranked near Guinea
- 77 Kyrgyzstan 1.6% compare
- 78 Nigeria 1.6% compare
- 79 Chad 1.5% compare
- 81 Tajikistan 1.5% compare
- 82 Guinea-Bissau 1.4% compare
- 83 Burkina Faso 1.4% 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)
- 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)
- 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 1.5% 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 5.0% in 1987.
- What is the lowest public and publicly guaranteed debt service recorded in Guinea?
- The lowest recorded value was 0.3% in 1985.
- How does Guinea rank for public and publicly guaranteed debt service?
- Guinea ranks 80th out of 123 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 145.4%. 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 GNI). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to gross national 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. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.