Bank concentration in Guinea
Guinea: Bank concentration was 65.6% in 2020. ▼ Falling
Bank concentration in Guinea, 2010–2020
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
The most recent figure for bank concentration in Guinea is 65.6%, measured in 2020. That is the lowest value across all 10 years on record.
That represents a change of down 9.6% on the previous year and down 34.4% over ten years.
Over the whole period, bank concentration in Guinea peaked at 100.0% in 2010 and was at its lowest, 65.6%, in 2020.
Guinea ranks 108th of 170 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 10 years of available data.
Bank concentration in Guinea, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 100.0% | — |
| 2011 | 92.7% | -7.3% |
| 2012 | 90.1% | -2.9% |
| 2013 | 97.6% | +8.4% |
| 2015 | 74.0% | -24.2% |
| 2016 | 74.0% | -0.0% |
| 2017 | 71.3% | -3.6% |
| 2018 | 72.9% | +2.2% |
| 2019 | 72.5% | -0.6% |
| 2020 | 65.6% | -9.6% |
Guinea compared with similar countries
- Guinea's 65.6% is below the median for lower middle income countries, which is 68.4%, 96% of the median. (38 countries reporting)
- Guinea's 65.6% is below the median for Sub-Saharan Africa, which is 77.1%, 85% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 82.8% | 71.3% | 100.0% | 9 |
| 2020s | 65.6% | 65.6% | 65.6% | 1 |
Countries ranked near Guinea
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 concentration in Guinea?
- Bank concentration in Guinea was 65.6% in 2020, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in Guinea?
- The highest recorded value was 100.0% in 2010.
- What is the lowest bank concentration recorded in Guinea?
- The lowest recorded value was 65.6% in 2020.
- How does Guinea rank for bank concentration?
- Guinea ranks 108th out of 170 countries with data for 2020.
- Is bank concentration rising or falling in Guinea?
- Over the last ten years it is down 34.4%. The long-run trend across the full record is falling.
- Where does this Guinea data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.