Net errors and omissions, Net (credits less debits), Adjusted using in Guinea
Guinea: Net errors and omissions, Net (credits less debits), Adjusted using was -62.27 million in 2024. ◆ Volatile
Net errors and omissions, Net (credits less debits), Adjusted using in Guinea, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for net errors and omissions, net (credits less debits), adjusted using in Guinea is -62.27 million, measured in 2024.
Compared with earlier readings it is up 13.7% on the previous year and down 105.3% over ten years.
Over the whole period, net errors and omissions, net (credits less debits), adjusted using in Guinea peaked at 1.68 billion in 2013 and was at its lowest, -446.29 million, in 2021.
That places Guinea 115th out of 197 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions, Net (credits less debits), Adjusted using in Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 120.20 million | — |
| 2006 | 61.74 million | -48.6% |
| 2007 | 143.53 million | +132.5% |
| 2008 | -5.91 million | -104.1% |
| 2009 | 48.55 million | -921.8% |
| 2010 | 38.68 million | -20.3% |
| 2011 | -40.08 million | -203.6% |
| 2012 | 235.83 million | -688.3% |
| 2013 | 1.68 billion | +613.3% |
| 2014 | 1.17 billion | -30.3% |
| 2015 | 12.75 million | -98.9% |
| 2016 | 13.79 million | +8.1% |
| 2017 | 13.27 million | -3.8% |
| 2018 | 12.12 million | -8.7% |
| 2019 | -128.12 million | -1157.4% |
| 2020 | -88.31 million | -31.1% |
| 2021 | -446.29 million | +405.4% |
| 2022 | -425.36 million | -4.7% |
| 2023 | -72.14 million | -83.0% |
| 2024 | -62.27 million | -13.7% |
Guinea compared with similar countries
- Guinea's -62.27 million is below the median for lower middle income countries, which is -42.57 million, 1.5× the median. (46 countries reporting)
- Guinea's -62.27 million is below the median for Sub-Saharan Africa, which is -20.98 million, 3.0× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions, Net (credits less debits), Adjusted using in Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | -1157.4% | 12.12 million | -128.12 million |
| 2009 | +921.8% | -5.91 million | 48.55 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 73.62 million | -5.91 million | 143.53 million | 5 |
| 2010s | 301.31 million | -128.12 million | 1.68 billion | 10 |
| 2020s | -218.87 million | -446.29 million | -62.27 million | 5 |
Countries ranked near Guinea
- 112 Sao Tome and Principe -49.25 million compare
- 113 Anguilla -53.23 million compare
- 114 San Marino -54.46 million compare
- 116 Turks and Caicos Islands -65.78 million compare
- 117 Sierra Leone -76.47 million compare
- 118 Bosnia and Herzegovina -79.97 million compare
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 net errors and omissions, net (credits less debits), adjusted using in Guinea?
- Net errors and omissions, net (credits less debits), adjusted using in Guinea was -62.27 million in 2024, according to International Monetary Fund.
- What is the highest net errors and omissions, net (credits less debits), adjusted using recorded in Guinea?
- The highest recorded value was 1.68 billion in 2013.
- What is the lowest net errors and omissions, net (credits less debits), adjusted using recorded in Guinea?
- The lowest recorded value was -446.29 million in 2021.
- How does Guinea rank for net errors and omissions, net (credits less debits), adjusted using?
- Guinea ranks 115th out of 197 countries with data for 2024.
- Is net errors and omissions, net (credits less debits), adjusted using rising or falling in Guinea?
- Over the last ten years it is down 105.3%. 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 Net errors and omissions, Net (credits less debits), Adjusted using IMF accounting records (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.