Total debt service in Guinea
Guinea: Total debt service was 3.4% in 2011. ▼ Falling
Total debt service in Guinea, 1986–2011
Source: World Bank, Global Development Finance. Measured in % of GDP.
Analysis
In 2011, total debt service in Guinea stood at 3.4%.
Compared with earlier readings it is up 111.8% on the previous year and down 10.6% over ten years.
Over the whole period, total debt service in Guinea peaked at 8.0% in 1987 and was at its lowest, 1.6%, in 2010.
Guinea ranks 4th of 50 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 26 years of available data.
Total debt service in Guinea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1986 | 3.7% | — |
| 1987 | 8.0% | +115.6% |
| 1988 | 5.3% | -33.8% |
| 1989 | 4.7% | -11.9% |
| 1990 | 6.3% | +35.1% |
| 1991 | 4.5% | -29.0% |
| 1992 | 2.6% | -41.6% |
| 1993 | 2.5% | -3.5% |
| 1994 | 2.9% | +13.1% |
| 1995 | 4.8% | +66.8% |
| 1996 | 3.0% | -37.6% |
| 1997 | 4.2% | +39.4% |
| 1998 | 4.5% | +7.7% |
| 1999 | 3.9% | -13.1% |
| 2000 | 5.2% | +34.5% |
| 2001 | 3.7% | -28.4% |
| 2002 | 3.4% | -8.5% |
| 2003 | 3.1% | -9.0% |
| 2004 | 4.7% | +49.0% |
| 2005 | 5.3% | +14.4% |
| 2006 | 5.3% | -0.4% |
| 2007 | 3.5% | -34.1% |
| 2008 | 3.4% | -2.8% |
| 2009 | 2.8% | -18.6% |
| 2010 | 1.6% | -42.7% |
| 2011 | 3.4% | +111.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.5% | 3.7% | 8.0% | 4 |
| 1990s | 3.9% | 2.5% | 6.3% | 10 |
| 2000s | 4.0% | 2.8% | 5.3% | 10 |
| 2010s | 2.5% | 1.6% | 3.4% | 2 |
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 total debt service in Guinea?
- Total debt service in Guinea was 3.4% in 2011, according to World Bank, Global Development Finance.
- What is the highest total debt service recorded in Guinea?
- The highest recorded value was 8.0% in 1987.
- What is the lowest total debt service recorded in Guinea?
- The lowest recorded value was 1.6% in 2010.
- How does Guinea rank for total debt service?
- Guinea ranks 4th out of 50 countries with data for 2011.
- Is total debt service rising or falling in Guinea?
- Over the last ten years it is down 10.6%. The long-run trend across the full record is falling.
- Where does this Guinea data come from?
- The figures come from World Bank, Global Development Finance, published as part of Total debt service (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.