Number of Borrowers, Commercial Banks, of Which: Household Sector in Guinea
Guinea: Number of Borrowers, Commercial Banks, of Which: Household Sector was 168,842 in 2024. ◆ Volatile
Number of Borrowers, Commercial Banks, of Which: Household Sector in Guinea, 2004–2024
Source: International Monetary Fund.
Analysis
Guinea recorded 168,842 for number of borrowers, commercial banks, of which: household sector in 2024. That is the highest value across all 21 years on record.
The figure is up 8.6% on the previous year and up 151.9% over ten years.
Over the whole period, number of borrowers, commercial banks, of which: household sector in Guinea peaked at 168,842 in 2024 and was at its lowest, 4,459, in 2008.
That places Guinea 71st out of 89 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Number of Borrowers, Commercial Banks, of Which: Household Sector in Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 6,396 | — |
| 2005 | 7,546 | +18.0% |
| 2006 | 8,978 | +19.0% |
| 2007 | 7,960 | -11.3% |
| 2008 | 4,459 | -44.0% |
| 2009 | 5,161 | +15.7% |
| 2010 | 5,972 | +15.7% |
| 2011 | 9,753 | +63.3% |
| 2012 | 12,706 | +30.3% |
| 2013 | 83,960 | +560.8% |
| 2014 | 67,039 | -20.2% |
| 2015 | 100,395 | +49.8% |
| 2016 | 76,133 | -24.2% |
| 2017 | 70,581 | -7.3% |
| 2018 | 80,493 | +14.0% |
| 2019 | 90,544 | +12.5% |
| 2020 | 110,309 | +21.8% |
| 2021 | 116,843 | +5.9% |
| 2022 | 129,503 | +10.8% |
| 2023 | 155,491 | +20.1% |
| 2024 | 168,842 | +8.6% |
Guinea compared with similar countries
- Guinea's 168,842 is below the median for lower middle income countries, which is 512,447, 33% of the median. (21 countries reporting)
- Guinea's 168,842 is below the median for Sub-Saharan Africa, which is 198,132, 85% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Number of Borrowers, Commercial Banks, of Which: Household Sector 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 |
|---|---|---|---|
| 2013 | +560.8% | 12,706 | 83,960 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6,750 | 4,459 | 8,978 | 6 |
| 2010s | 59,758 | 5,972 | 100,395 | 10 |
| 2020s | 136,198 | 110,309 | 168,842 | 5 |
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 number of borrowers, commercial banks, of which: household sector in Guinea?
- Number of borrowers, commercial banks, of which: household sector in Guinea was 168,842 in 2024, according to International Monetary Fund.
- What is the highest number of borrowers, commercial banks, of which: household sector recorded in Guinea?
- The highest recorded value was 168,842 in 2024.
- What is the lowest number of borrowers, commercial banks, of which: household sector recorded in Guinea?
- The lowest recorded value was 4,459 in 2008.
- How does Guinea rank for number of borrowers, commercial banks, of which: household sector?
- Guinea ranks 71st out of 89 countries with data for 2024.
- Is number of borrowers, commercial banks, of which: household sector rising or falling in Guinea?
- Over the last ten years it is up 151.9%. 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 Number of Borrowers, Commercial Banks, of Which: Household Sector Borrowers. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
Gender-disaggregated data on access to and use of financial services.