Financial Institutions Efficiency Index in Guinea
Guinea: Financial Institutions Efficiency Index was 0.5855 in 2020. ◆ Volatile
Financial Institutions Efficiency Index in Guinea, 1980–2020
Source: International Monetary Fund.
Analysis
Guinea recorded 0.5855 for financial institutions efficiency index in 2020.
That represents a change of up 18.7% on the previous year and up 27.6% over ten years.
Over the whole period, financial institutions efficiency index in Guinea peaked at 0.8429 in 1990 and was at its lowest, 0, in 1980.
That places Guinea 92nd out of 183 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Financial Institutions Efficiency 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 | 0.81 | — |
| 1990 | 0.8429 | +4.1% |
| 1991 | 0.8257 | -2.0% |
| 1992 | 0.617 | -25.3% |
| 1993 | 0.5124 | -17.0% |
| 1994 | 0.6298 | +22.9% |
| 1995 | 0.6298 | +0.0% |
| 1996 | 0.6298 | +0.0% |
| 1997 | 0.5129 | -18.6% |
| 1998 | 0.4099 | -20.1% |
| 1999 | 0.4926 | +20.2% |
| 2000 | 0.3793 | -23.0% |
| 2001 | 0.3821 | +0.7% |
| 2002 | 0.3821 | +0.0% |
| 2003 | 0.5563 | +45.6% |
| 2004 | 0.4508 | -19.0% |
| 2005 | 0.5362 | +18.9% |
| 2006 | 0.5467 | +2.0% |
| 2007 | 0.4211 | -23.0% |
| 2008 | 0.4099 | -2.7% |
| 2009 | 0.4296 | +4.8% |
| 2010 | 0.4588 | +6.8% |
| 2011 | 0.5873 | +28.0% |
| 2012 | 0.4309 | -26.6% |
| 2013 | 0.3894 | -9.6% |
| 2014 | 0.5879 | +51.0% |
| 2015 | 0.4432 | -24.6% |
| 2016 | 0.5393 | +21.7% |
| 2017 | 0.5361 | -0.6% |
| 2018 | 0.4811 | -10.3% |
| 2019 | 0.4933 | +2.5% |
| 2020 | 0.5855 | +18.7% |
Guinea compared with similar countries
- Guinea's 0.5855 is above the median for lower middle income countries, which is 0.5528, 1.1× the median. (45 countries reporting)
- Guinea's 0.5855 is above the median for Sub-Saharan Africa, which is 0.5175, 1.1× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.081 | 0 | 0.81 | 10 |
| 1990s | 0.6103 | 0.4099 | 0.8429 | 10 |
| 2000s | 0.4494 | 0.3793 | 0.5563 | 10 |
| 2010s | 0.4947 | 0.3894 | 0.5879 | 10 |
| 2020s | 0.5855 | 0.5855 | 0.5855 | 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 institutions efficiency index in Guinea?
- Financial institutions efficiency index in Guinea was 0.5855 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Guinea?
- The highest recorded value was 0.8429 in 1990.
- What is the lowest financial institutions efficiency index recorded in Guinea?
- The lowest recorded value was 0 in 1980.
- How does Guinea rank for financial institutions efficiency index?
- Guinea ranks 92nd out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Guinea?
- Over the last ten years it is up 27.6%. 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 Institutions Efficiency Index. Statizoid updates them automatically from the source API.
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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.