Financial system deposits to GDP in Guinea
Guinea: Financial system deposits to GDP was 18.0% in 2021. β Volatile
Financial system deposits to GDP in Guinea, 1989β2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, financial system deposits to gdp in Guinea stood at 18.0%.
That represents a change of down 4.9% on the previous year and up 1.8% over ten years.
Over the whole period, financial system deposits to gdp in Guinea peaked at 18.9% in 2020 and was at its lowest, 3.3%, in 1990.
Guinea ranks 169th of 184 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.3% | 3.3% | 3.3% | 1 |
| 1990s | 4.4% | 3.3% | 5.2% | 10 |
| 2000s | 8.9% | 5.5% | 12.4% | 10 |
| 2010s | 16.5% | 13.2% | 18.6% | 10 |
| 2020s | 18.4% | 18.0% | 18.9% | 2 |
Countries ranked near Guinea
More financial sector data for Guinea
- Net domestic credit (current LCU), per capita 5.16 million current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 2,750 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 28.06 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 7.08 million SDR (2024)
- Gold reserves at market value 404.80 million SDR (2024)
- Reserves excluding gold, foreign exchange 598.31 million SDR (2024)
- Reserves excluding gold 626.99 million SDR (2024)
- Total reserves (gold at market value) 1.03 billion SDR (2024)
- Total reserves (gold at national valuation) 864.44 million SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 58.59 SDR per person (2024)
Frequently asked questions
- What is financial system deposits to gdp in Guinea?
- Financial system deposits to gdp in Guinea was 18.0% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Guinea?
- The highest recorded value was 18.9% in 2020.
- What is the lowest financial system deposits to gdp recorded in Guinea?
- The lowest recorded value was 3.3% in 1990.
- How does Guinea rank for financial system deposits to gdp?
- Guinea ranks 169th out of 184 countries with data for 2021.
- Is financial system deposits to gdp rising or falling in Guinea?
- Over the last ten years it is up 1.8%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMFβs International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).