Short-term debt in Guinea
Guinea: Short-term debt was 7.0% in 2024. βΌ Falling
Short-term debt in Guinea, 1970β2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
Guinea recorded 7.0% for short-term debt in 2024.
That represents a change of up 21.6% on the previous year and up 105.4% over ten years.
Over the whole period, short-term debt in Guinea peaked at 11.7% in 1997 and was at its lowest, 0.5%, in 2009.
That places Guinea 71st out of 121 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 55 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.1% | 1.5% | 9.9% | 10 |
| 1980s | 7.1% | 5.2% | 9.0% | 10 |
| 1990s | 6.7% | 4.5% | 11.7% | 10 |
| 2000s | 4.7% | 0.5% | 9.7% | 10 |
| 2010s | 4.4% | 1.4% | 7.1% | 10 |
| 2020s | 5.2% | 3.5% | 7.0% | 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)
- Public and publicly guaranteed debt service 2.8% (2024)
Frequently asked questions
- What is short-term debt in Guinea?
- Short-term debt in Guinea was 7.0% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Guinea?
- The highest recorded value was 11.7% in 1997.
- What is the lowest short-term debt recorded in Guinea?
- The lowest recorded value was 0.5% in 2009.
- How does Guinea rank for short-term debt?
- Guinea ranks 71st out of 121 countries with data for 2024.
- Is short-term debt rising or falling in Guinea?
- Over the last ten years it is up 105.4%. The long-run trend across the full record is falling.
- Where does this Guinea data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of total external debt). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.