Deposit Rate, Percent per annum in Guinea
Guinea: Deposit Rate, Percent per annum was 3.33 in 2021. ◆ Volatile
Deposit Rate, Percent per annum in Guinea, 1987–2021
Source: International Monetary Fund.
Analysis
Guinea recorded 3.33 for deposit rate, percent per annum in 2021.
That represents a change of down 0.1% on the previous year and down 25.1% over ten years.
Over the whole period, deposit rate, percent per annum in Guinea peaked at 23 in 1992 and was at its lowest, 3.1, in 2018.
Guinea ranks 77th of 143 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Deposit Rate, Percent per annum in Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 1987 | 15 | — |
| 1988 | 16.83 | +12.2% |
| 1989 | 19.5 | +15.8% |
| 1990 | 21 | +7.7% |
| 1991 | 22 | +4.8% |
| 1992 | 23 | +4.5% |
| 1993 | 19.75 | -14.1% |
| 1994 | 18 | -8.9% |
| 1995 | 17.5 | -2.8% |
| 1996 | 17 | -2.9% |
| 1997 | 15.67 | -7.8% |
| 1998 | 6.38 | -59.3% |
| 1999 | 5.67 | -11.1% |
| 2000 | 7.5 | +32.4% |
| 2001 | 8.03 | +7.0% |
| 2002 | 7.4 | -7.8% |
| 2003 | 6.5 | -12.2% |
| 2004 | 8.85 | +36.2% |
| 2005 | 14.35 | +62.1% |
| 2006 | 17.5 | +22.0% |
| 2007 | 17.5 | +0.0% |
| 2008 | 17.5 | +0.0% |
| 2009 | 17.5 | +0.0% |
| 2010 | 3.11 | -82.2% |
| 2011 | 4.44 | +42.7% |
| 2012 | 4.41 | -0.7% |
| 2013 | 3.95 | -10.5% |
| 2014 | 3.67 | -7.0% |
| 2015 | 3.91 | +6.6% |
| 2016 | 3.84 | -1.8% |
| 2017 | 3.82 | -0.6% |
| 2018 | 3.1 | -18.7% |
| 2019 | 3.29 | +5.9% |
| 2020 | 3.33 | +1.2% |
| 2021 | 3.33 | -0.1% |
Guinea compared with similar countries
- Guinea's 3.33 is below the median for lower middle income countries, which is 5.24, 63% of the median. (40 countries reporting)
- Guinea's 3.33 is below the median for Sub-Saharan Africa, which is 5.67, 59% of the median. (43 countries reporting)
Biggest year-on-year movements
Years where Deposit Rate, Percent per annum 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 |
|---|---|---|---|
| 2010 | -82.2% | 17.5 | 3.11 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 17.11 | 15 | 19.5 | 3 |
| 1990s | 16.6 | 5.67 | 23 | 10 |
| 2000s | 12.26 | 6.5 | 17.5 | 10 |
| 2010s | 3.75 | 3.1 | 4.44 | 10 |
| 2020s | 3.33 | 3.33 | 3.33 | 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 deposit rate, percent per annum in Guinea?
- Deposit rate, percent per annum in Guinea was 3.33 in 2021, according to International Monetary Fund.
- What is the highest deposit rate, percent per annum recorded in Guinea?
- The highest recorded value was 23 in 1992.
- What is the lowest deposit rate, percent per annum recorded in Guinea?
- The lowest recorded value was 3.1 in 2018.
- How does Guinea rank for deposit rate, percent per annum?
- Guinea ranks 77th out of 143 countries with data for 2021.
- Is deposit rate, percent per annum rising or falling in Guinea?
- Over the last ten years it is down 25.1%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from International Monetary Fund, published as part of Deposit Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.