Bank accounts per 1,000 adults in Guinea
Guinea: Bank accounts per 1,000 adults was 95.17 in 2020. ▲ Rising
Bank accounts per 1,000 adults in Guinea, 2004–2020
Source: Financial Access Survey (FAS), International Monetary Fund (IMF).
Analysis
Guinea recorded 95.17 for bank accounts per 1,000 adults in 2020. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 0.7% on the previous year and up 90.2% over ten years.
Over the whole period, bank accounts per 1,000 adults in Guinea peaked at 95.17 in 2020 and was at its lowest, 18.76, in 2004.
Guinea ranks 94th of 103 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Bank accounts per 1,000 adults in Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 18.76 | — |
| 2005 | 19.89 | +6.0% |
| 2006 | 28.76 | +44.6% |
| 2007 | 33.57 | +16.7% |
| 2008 | 36.29 | +8.1% |
| 2009 | 43.15 | +18.9% |
| 2010 | 50.04 | +16.0% |
| 2011 | 55.87 | +11.7% |
| 2012 | 64.56 | +15.6% |
| 2013 | 67.29 | +4.2% |
| 2014 | 75.29 | +11.9% |
| 2015 | 71.86 | -4.6% |
| 2016 | 69.95 | -2.7% |
| 2017 | 82.94 | +18.6% |
| 2018 | 86.2 | +3.9% |
| 2019 | 94.47 | +9.6% |
| 2020 | 95.17 | +0.7% |
Guinea compared with similar countries
- Guinea's 95.17 is below the median for lower middle income countries, which is 408.53, 23% of the median. (36 countries reporting)
- Guinea's 95.17 is below the median for Sub-Saharan Africa, which is 194.06, 49% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.07 | 18.76 | 43.15 | 6 |
| 2010s | 71.85 | 50.04 | 94.47 | 10 |
| 2020s | 95.17 | 95.17 | 95.17 | 1 |
Countries ranked near Guinea
- 91 Cameroon 118.92 compare
- 92 Yemen 113.32 compare
- 93 Madagascar 106.78 compare
- 95 South Sudan 81.47 compare
- 96 Niger 67.15 compare
- 97 Central African Republic 53.62 compare
More financial sector data for Guinea
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 2.44 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 1.78 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 2.44 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank accounts per 1,000 adults in Guinea?
- Bank accounts per 1,000 adults in Guinea was 95.17 in 2020, according to Financial Access Survey (FAS), International Monetary Fund (IMF).
- What is the highest bank accounts per 1,000 adults recorded in Guinea?
- The highest recorded value was 95.17 in 2020.
- What is the lowest bank accounts per 1,000 adults recorded in Guinea?
- The lowest recorded value was 18.76 in 2004.
- How does Guinea rank for bank accounts per 1,000 adults?
- Guinea ranks 94th out of 103 countries with data for 2020.
- Is bank accounts per 1,000 adults rising or falling in Guinea?
- Over the last ten years it is up 90.2%. The long-run trend across the full record is rising.
- Where does this Guinea data come from?
- The figures come from Financial Access Survey (FAS), International Monetary Fund (IMF), published as part of Bank accounts per 1,000 adults. Statizoid updates them automatically from the source API.
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About this data
For each country calculated as: 1,000*reported number of depositors/adult population in the reporting country.