Lending interest rate in Guinea
Guinea: Lending interest rate was 12.9% in 2001. ▲ Rising
Lending interest rate in Guinea, 1986–2001
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
In 2001, lending interest rate in Guinea stood at 12.9%. That is the lowest value across all 16 years on record.
Compared with earlier readings it is down 33.5% on the previous year and down 47.4% over ten years.
Over the whole period, lending interest rate in Guinea peaked at 27.0% in 1992 and was at its lowest, 12.9%, in 2001.
Guinea ranks 42nd of 149 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Lending interest rate in Guinea, year by year
| Year | % | Change |
|---|---|---|
| 1986 | 14.0% | — |
| 1987 | 15.0% | +7.1% |
| 1988 | 15.0% | +0.0% |
| 1989 | 17.2% | +15.0% |
| 1990 | 21.2% | +22.7% |
| 1991 | 24.5% | +15.7% |
| 1992 | 27.0% | +10.2% |
| 1993 | 24.5% | -9.3% |
| 1994 | 22.0% | -10.2% |
| 1995 | 21.5% | -2.3% |
| 1996 | 21.0% | -2.3% |
| 1997 | 20.5% | -2.4% |
| 1998 | 19.6% | -4.6% |
| 1999 | 19.9% | +1.6% |
| 2000 | 19.4% | -2.5% |
| 2001 | 12.9% | -33.5% |
Guinea compared with similar countries
- Guinea's 12.9% is above the median for lower middle income countries, which is 11.1%, 1.2× the median. (38 countries reporting)
- Guinea's 12.9% is above the median for Sub-Saharan Africa, which is 12.4%, 1.0× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 15.3% | 14.0% | 17.2% | 4 |
| 1990s | 22.2% | 19.6% | 27.0% | 10 |
| 2000s | 16.1% | 12.9% | 19.4% | 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 lending interest rate in Guinea?
- Lending interest rate in Guinea was 12.9% in 2001, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest lending interest rate recorded in Guinea?
- The highest recorded value was 27.0% in 1992.
- What is the lowest lending interest rate recorded in Guinea?
- The lowest recorded value was 12.9% in 2001.
- How does Guinea rank for lending interest rate?
- Guinea ranks 42nd out of 149 countries with data for 2001.
- Is lending interest rate rising or falling in Guinea?
- Over the last ten years it is down 47.4%. The long-run trend across the full record is rising.
- Where does this Guinea data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Lending interest rate (%). Statizoid updates them automatically from the source API.
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About this data
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.