Interest rate spread in Guinea
Guinea: Interest rate spread was 4.8% in 2001. ◆ Volatile
Interest rate spread in Guinea, 1987–2001
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
The most recent figure for interest rate spread in Guinea is 4.8%, measured in 2001.
That represents a change of down 59.2% on the previous year and up 94.0% over ten years.
Over the whole period, interest rate spread in Guinea peaked at 14.2% in 1999 and was at its lowest, -2.2%, in 1989.
Guinea ranks 77th of 140 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.
Interest rate spread in Guinea, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 1987 | 0.0% | — |
| 1988 | -1.8% | — |
| 1989 | -2.2% | +22.7% |
| 1990 | 0.2% | -107.4% |
| 1991 | 2.5% | +1400.0% |
| 1992 | 4.0% | +60.0% |
| 1993 | 4.8% | +18.8% |
| 1994 | 4.0% | -15.8% |
| 1995 | 4.0% | +0.0% |
| 1996 | 4.0% | +0.0% |
| 1997 | 4.8% | +20.8% |
| 1998 | 13.2% | +172.8% |
| 1999 | 14.2% | +7.7% |
| 2000 | 11.9% | -16.4% |
| 2001 | 4.8% | -59.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -1.4% | -2.2% | 0.0% | 3 |
| 1990s | 5.6% | 0.2% | 14.2% | 10 |
| 2000s | 8.4% | 4.8% | 11.9% | 2 |
Countries ranked near Guinea
- 74 Antigua and Barbuda 5.1% compare
- 75 Uzbekistan 5.0%
- 76 Hong Kong 5.0% compare
- 78 Solomon Islands 4.7%
- 79 Kenya 4.6% compare
- 80 Albania 4.6% compare
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 interest rate spread in Guinea?
- Interest rate spread in Guinea was 4.8% in 2001, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Guinea?
- The highest recorded value was 14.2% in 1999.
- What is the lowest interest rate spread recorded in Guinea?
- The lowest recorded value was -2.2% in 1989.
- How does Guinea rank for interest rate spread?
- Guinea ranks 77th out of 140 countries with data for 2001.
- Is interest rate spread rising or falling in Guinea?
- Over the last ten years it is up 94.0%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Interest rate spread (lending rate minus deposit rate, %). Statizoid updates them automatically from the source API.
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About this data
Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.