Financial Development Index in Guinea
Guinea: Financial Development Index was 0.098 in 2020. ◆ Volatile
Financial Development Index in Guinea, 1980–2020
Source: International Monetary Fund.
Analysis
Guinea recorded 0.098 for financial development index in 2020.
That represents a change of up 15.1% on the previous year and up 47.5% over ten years.
Over the whole period, financial development index in Guinea peaked at 0.1159 in 1990 and was at its lowest, 0, in 1980.
That places Guinea 163rd out of 183 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Financial Development Index in Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0 | — |
| 1981 | 0 | — |
| 1982 | 0 | — |
| 1983 | 0 | — |
| 1984 | 0 | — |
| 1985 | 0 | — |
| 1986 | 0 | — |
| 1987 | 0 | — |
| 1988 | 0 | — |
| 1989 | 0.111 | — |
| 1990 | 0.1159 | +4.3% |
| 1991 | 0.1132 | -2.3% |
| 1992 | 0.0852 | -24.7% |
| 1993 | 0.0716 | -16.0% |
| 1994 | 0.0875 | +22.2% |
| 1995 | 0.0879 | +0.4% |
| 1996 | 0.0878 | -0.1% |
| 1997 | 0.072 | -18.0% |
| 1998 | 0.0621 | -13.7% |
| 1999 | 0.0732 | +17.8% |
| 2000 | 0.0597 | -18.5% |
| 2001 | 0.058 | -2.8% |
| 2002 | 0.0579 | -0.1% |
| 2003 | 0.0805 | +39.0% |
| 2004 | 0.0657 | -18.4% |
| 2005 | 0.0776 | +18.1% |
| 2006 | 0.0797 | +2.8% |
| 2007 | 0.0617 | -22.6% |
| 2008 | 0.0608 | -1.5% |
| 2009 | 0.0616 | +1.2% |
| 2010 | 0.0664 | +7.9% |
| 2011 | 0.085 | +28.0% |
| 2012 | 0.0654 | -23.1% |
| 2013 | 0.0617 | -5.6% |
| 2014 | 0.0907 | +46.9% |
| 2015 | 0.0735 | -18.9% |
| 2016 | 0.0969 | +31.8% |
| 2017 | 0.0937 | -3.3% |
| 2018 | 0.0843 | -10.0% |
| 2019 | 0.0851 | +0.9% |
| 2020 | 0.098 | +15.1% |
Guinea compared with similar countries
- Guinea's 0.098 is below the median for lower middle income countries, which is 0.1603, 61% of the median. (45 countries reporting)
- Guinea's 0.098 is below the median for Sub-Saharan Africa, which is 0.1219, 80% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0111 | 0 | 0.111 | 10 |
| 1990s | 0.0856 | 0.0621 | 0.1159 | 10 |
| 2000s | 0.0663 | 0.0579 | 0.0805 | 10 |
| 2010s | 0.0803 | 0.0617 | 0.0969 | 10 |
| 2020s | 0.098 | 0.098 | 0.098 | 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 financial development index in Guinea?
- Financial development index in Guinea was 0.098 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Guinea?
- The highest recorded value was 0.1159 in 1990.
- What is the lowest financial development index recorded in Guinea?
- The lowest recorded value was 0 in 1980.
- How does Guinea rank for financial development index?
- Guinea ranks 163rd out of 183 countries with data for 2020.
- Is financial development index rising or falling in Guinea?
- Over the last ten years it is up 47.5%. 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 Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
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About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.