Bank credit to bank deposits (%) in Guinea
Guinea: Bank credit to bank deposits (%) was 50.0% in 2021. ▼ Falling
Bank credit to bank deposits in Guinea, 1989–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Guinea recorded 50.0% for bank credit to bank deposits in 2021.
The figure is down 2.8% on the previous year and up 30.0% over ten years.
Over the whole period, bank credit to bank deposits in Guinea peaked at 124.5% in 1990 and was at its lowest, 24.3%, in 2010.
Guinea ranks 156th of 186 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 33 years of available data.
Bank credit to bank deposits (%) in Guinea, year by year
| Year | % | Change |
|---|---|---|
| 1989 | 110.9% | — |
| 1990 | 124.5% | +12.3% |
| 1991 | 100.4% | -19.4% |
| 1992 | 92.4% | -8.0% |
| 1993 | 92.1% | -0.3% |
| 1994 | 98.5% | +7.0% |
| 1995 | 107.3% | +9.0% |
| 1996 | 98.9% | -7.8% |
| 1997 | 86.1% | -13.0% |
| 1998 | 69.4% | -19.3% |
| 1999 | 74.6% | +7.4% |
| 2000 | 70.3% | -5.8% |
| 2001 | 59.0% | -16.0% |
| 2002 | 48.4% | -18.1% |
| 2003 | 43.1% | -10.8% |
| 2004 | 31.6% | -26.7% |
| 2005 | 39.6% | +25.2% |
| 2006 | 30.3% | -23.6% |
| 2007 | 37.5% | +23.8% |
| 2008 | 29.2% | -22.1% |
| 2009 | 26.9% | -7.7% |
| 2010 | 24.3% | -9.8% |
| 2011 | 38.5% | +58.6% |
| 2012 | 44.1% | +14.6% |
| 2013 | 48.4% | +9.7% |
| 2014 | 60.2% | +24.5% |
| 2015 | 63.1% | +4.7% |
| 2016 | 62.2% | -1.4% |
| 2017 | 55.3% | -11.1% |
| 2018 | 57.9% | +4.7% |
| 2019 | 57.3% | -1.1% |
| 2020 | 51.5% | -10.2% |
| 2021 | 50.0% | -2.8% |
Guinea compared with similar countries
- Guinea's 50.0% is below the median for lower middle income countries, which is 69.5%, 72% of the median. (46 countries reporting)
- Guinea's 50.0% is below the median for Sub-Saharan Africa, which is 65.6%, 76% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 110.9% | 110.9% | 110.9% | 1 |
| 1990s | 94.4% | 69.4% | 124.5% | 10 |
| 2000s | 41.6% | 26.9% | 70.3% | 10 |
| 2010s | 51.1% | 24.3% | 63.1% | 10 |
| 2020s | 50.7% | 50.0% | 51.5% | 2 |
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 credit to bank deposits in Guinea?
- Bank credit to bank deposits in Guinea was 50.0% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Guinea?
- The highest recorded value was 124.5% in 1990.
- What is the lowest bank credit to bank deposits recorded in Guinea?
- The lowest recorded value was 24.3% in 2010.
- How does Guinea rank for bank credit to bank deposits?
- Guinea ranks 156th out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in Guinea?
- Over the last ten years it is up 30.0%. The long-run trend across the full record is falling.
- Where does this Guinea data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).