Broad money in Guinea
Guinea: Broad money was 30.1% in 2024. ▲ Rising
Broad money in Guinea, 1991–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for broad money in Guinea is 30.1%, measured in 2024. That is the highest value across all 33 years on record.
The figure is up 20.7% on the previous year and up 28.6% over ten years.
Over the whole period, broad money in Guinea peaked at 30.1% in 2024 and was at its lowest, 6.0%, in 1992.
Guinea ranks 136th of 166 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 33 years of available data.
Broad money in Guinea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1991 | 6.3% | — |
| 1992 | 6.0% | -5.4% |
| 1993 | 6.9% | +16.1% |
| 1994 | 6.3% | -8.4% |
| 1995 | 6.4% | +0.4% |
| 1996 | 6.2% | -2.4% |
| 1997 | 6.9% | +10.8% |
| 1998 | 6.8% | -0.4% |
| 2000 | 8.0% | +17.1% |
| 2001 | 8.6% | +7.0% |
| 2002 | 9.7% | +13.3% |
| 2003 | 11.0% | +13.5% |
| 2004 | 12.6% | +14.4% |
| 2005 | 12.8% | +1.6% |
| 2006 | 17.9% | +39.6% |
| 2007 | 12.9% | -27.7% |
| 2008 | 14.7% | +13.9% |
| 2009 | 17.4% | +17.9% |
| 2010 | 26.4% | +52.2% |
| 2011 | 27.2% | +2.7% |
| 2012 | 20.9% | -23.2% |
| 2013 | 21.8% | +4.6% |
| 2014 | 23.4% | +7.3% |
| 2015 | 24.9% | +6.3% |
| 2016 | 24.0% | -3.6% |
| 2017 | 23.0% | -4.0% |
| 2018 | 22.2% | -3.5% |
| 2019 | 23.7% | +6.7% |
| 2020 | 26.7% | +12.5% |
| 2021 | 24.5% | -8.1% |
| 2022 | 26.6% | +8.3% |
| 2023 | 24.9% | -6.1% |
| 2024 | 30.1% | +20.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.5% | 6.0% | 6.9% | 8 |
| 2000s | 12.6% | 8.0% | 17.9% | 10 |
| 2010s | 23.7% | 20.9% | 27.2% | 10 |
| 2020s | 26.6% | 24.5% | 30.1% | 5 |
Countries ranked near Guinea
More financial sector data for Guinea
- Total reserves in months of imports, annual growth rate -41.64 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -27.16 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0239 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 40.55 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate -30.17 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 42.49 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate -26.65 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 69.93 SDR per person (2024)
Frequently asked questions
- What is broad money in Guinea?
- Broad money in Guinea was 30.1% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in Guinea?
- The highest recorded value was 30.1% in 2024.
- What is the lowest broad money recorded in Guinea?
- The lowest recorded value was 6.0% in 1992.
- How does Guinea rank for broad money?
- Guinea ranks 136th out of 166 countries with data for 2024.
- Is broad money rising or falling in Guinea?
- Over the last ten years it is up 28.6%. The long-run trend across the full record is rising.
- Where does this Guinea data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.