Use of IMF credit in Guinea
Guinea: Use of IMF credit was 842.54 million DOD, current US$ in 2024. ◆ Volatile
Use of IMF credit in Guinea, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
The most recent figure for use of imf credit in Guinea is 842.54 million DOD, current US$, measured in 2024.
That represents a change of down 0.3% on the previous year and up 162.5% over ten years.
Over the whole period, use of imf credit in Guinea peaked at 885.58 million DOD, current US$ in 2021 and was at its lowest, 1.23 million DOD, current US$, in 1973.
That places Guinea 62nd out of 123 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Use of IMF credit in Guinea, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1970 | 3.45 million DOD, current US$ | — |
| 1971 | 3.20 million DOD, current US$ | -7.2% |
| 1972 | 3.20 million DOD, current US$ | +0.0% |
| 1973 | 1.23 million DOD, current US$ | -61.6% |
| 1974 | 11.64 million DOD, current US$ | +846.3% |
| 1975 | 8.32 million DOD, current US$ | -28.5% |
| 1976 | 8.26 million DOD, current US$ | -0.8% |
| 1977 | 22.32 million DOD, current US$ | +170.2% |
| 1978 | 26.03 million DOD, current US$ | +16.6% |
| 1979 | 34.46 million DOD, current US$ | +32.4% |
| 1980 | 35.00 million DOD, current US$ | +1.6% |
| 1981 | 27.60 million DOD, current US$ | -21.1% |
| 1982 | 38.57 million DOD, current US$ | +39.8% |
| 1983 | 35.85 million DOD, current US$ | -7.1% |
| 1984 | 31.68 million DOD, current US$ | -11.6% |
| 1985 | 31.11 million DOD, current US$ | -1.8% |
| 1986 | 40.27 million DOD, current US$ | +29.5% |
| 1987 | 40.44 million DOD, current US$ | +0.4% |
| 1988 | 48.56 million DOD, current US$ | +20.1% |
| 1989 | 61.30 million DOD, current US$ | +26.2% |
| 1990 | 51.45 million DOD, current US$ | -16.1% |
| 1991 | 54.91 million DOD, current US$ | +6.7% |
| 1992 | 63.69 million DOD, current US$ | +16.0% |
| 1993 | 60.44 million DOD, current US$ | -5.1% |
| 1994 | 71.00 million DOD, current US$ | +17.5% |
| 1995 | 93.81 million DOD, current US$ | +32.1% |
| 1996 | 82.43 million DOD, current US$ | -12.1% |
| 1997 | 99.03 million DOD, current US$ | +20.1% |
| 1998 | 126.79 million DOD, current US$ | +28.0% |
| 1999 | 151.40 million DOD, current US$ | +19.4% |
| 2000 | 135.80 million DOD, current US$ | -10.3% |
| 2001 | 145.39 million DOD, current US$ | +7.1% |
| 2002 | 162.91 million DOD, current US$ | +12.1% |
| 2003 | 162.42 million DOD, current US$ | -0.3% |
| 2004 | 149.27 million DOD, current US$ | -8.1% |
| 2005 | 112.50 million DOD, current US$ | -24.6% |
| 2006 | 98.54 million DOD, current US$ | -12.4% |
| 2007 | 92.50 million DOD, current US$ | -6.1% |
| 2008 | 97.83 million DOD, current US$ | +5.8% |
| 2009 | 219.61 million DOD, current US$ | +124.5% |
| 2010 | 205.40 million DOD, current US$ | -6.5% |
| 2011 | 198.84 million DOD, current US$ | -3.2% |
| 2012 | 214.69 million DOD, current US$ | +8.0% |
| 2013 | 243.40 million DOD, current US$ | +13.4% |
| 2014 | 320.98 million DOD, current US$ | +31.9% |
| 2015 | 339.87 million DOD, current US$ | +5.9% |
| 2016 | 379.08 million DOD, current US$ | +11.5% |
| 2017 | 426.09 million DOD, current US$ | +12.4% |
| 2018 | 463.99 million DOD, current US$ | +8.9% |
| 2019 | 481.05 million DOD, current US$ | +3.7% |
| 2020 | 668.07 million DOD, current US$ | +38.9% |
| 2021 | 885.58 million DOD, current US$ | +32.6% |
| 2022 | 884.23 million DOD, current US$ | -0.2% |
| 2023 | 845.34 million DOD, current US$ | -4.4% |
| 2024 | 842.54 million DOD, current US$ | -0.3% |
Guinea compared with similar countries
- Guinea's 842.54 million DOD, current US$ is below the median for lower middle income countries, which is 1.04 billion DOD, current US$, 81% of the median. (43 countries reporting)
- Guinea's 842.54 million DOD, current US$ is above the median for Sub-Saharan Africa, which is 842.15 million DOD, current US$, 1.0× the median. (44 countries reporting)
Biggest year-on-year movements
Years where Use of IMF credit in Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +846.3% | 1.23 million DOD, current US$ | 11.64 million DOD, current US$ |
| 1977 | +170.2% | 8.26 million DOD, current US$ | 22.32 million DOD, current US$ |
| 2009 | +124.5% | 97.83 million DOD, current US$ | 219.61 million DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.21 million DOD, current US$ | 1.23 million DOD, current US$ | 34.46 million DOD, current US$ | 10 |
| 1980s | 39.04 million DOD, current US$ | 27.60 million DOD, current US$ | 61.30 million DOD, current US$ | 10 |
| 1990s | 85.49 million DOD, current US$ | 51.45 million DOD, current US$ | 151.40 million DOD, current US$ | 10 |
| 2000s | 137.68 million DOD, current US$ | 92.50 million DOD, current US$ | 219.61 million DOD, current US$ | 10 |
| 2010s | 327.34 million DOD, current US$ | 198.84 million DOD, current US$ | 481.05 million DOD, current US$ | 10 |
| 2020s | 825.15 million DOD, current US$ | 668.07 million DOD, current US$ | 885.58 million DOD, current US$ | 5 |
Countries ranked near Guinea
- 59 Georgia 977.93 million DOD, current US$ compare
- 60 Yemen 911.62 million DOD, current US$ compare
- 61 Chad 875.13 million DOD, current US$ compare
- 63 Sierra Leone 841.76 million DOD, current US$ compare
- 64 Guatemala 797.75 million DOD, current US$ compare
- 65 Mali 779.87 million DOD, current US$ 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 use of imf credit in Guinea?
- Use of imf credit in Guinea was 842.54 million DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest use of imf credit recorded in Guinea?
- The highest recorded value was 885.58 million DOD, current US$ in 2021.
- What is the lowest use of imf credit recorded in Guinea?
- The lowest recorded value was 1.23 million DOD, current US$ in 1973.
- How does Guinea rank for use of imf credit?
- Guinea ranks 62nd out of 123 countries with data for 2024.
- Is use of imf credit rising or falling in Guinea?
- Over the last ten years it is up 162.5%. 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 Use of IMF credit (DOD, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.