Number of Deposit Accounts, Commercial Banks, of Which: Household in Guinea

Guinea: Number of Deposit Accounts, Commercial Banks, of Which: Household was 1.11 million in 2024. ◆ Volatile

Latest (2024)
1.11 million
Change on year
up 10.1%
World rank
64th
of 94 countries
All-time high
1.11 million
in 2024
All-time low
83,641
in 2004
Years of data
21
2004–2024

Number of Deposit Accounts, Commercial Banks, of Which: Household in Guinea, 2004–2024

0250.0k500.0k750.0k1.0M2004201420242004: 83.6k2005: 90.7k2006: 102.9k2007: 119.4k2008: 130.0k2009: 144.6k2010: 167.3k2011: 194.7k2012: 226.6k2013: 386.6k2014: 443.3k2015: 443.6k2016: 480.3k2017: 589.1k2018: 628.5k2019: 646.5k2020: 708.9k2021: 789.0k2022: 898.9k2023: 1.0M2024: 1.1M

Source: International Monetary Fund.

Analysis

In 2024, number of deposit accounts, commercial banks, of which: household in Guinea stood at 1.11 million. That is the highest value across all 21 years on record.

Compared with earlier readings it is up 10.1% on the previous year and up 149.4% over ten years.

Over the whole period, number of deposit accounts, commercial banks, of which: household in Guinea peaked at 1.11 million in 2024 and was at its lowest, 83,641, in 2004.

That places Guinea 64th out of 94 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.

Number of Deposit Accounts, Commercial Banks, of Which: Household in Guinea, year by year

Annual values for Number of Deposit Accounts, Commercial Banks, of Which: Household Sector Deposit Accounts in Guinea, 2004 to 2024.
Year Value Change
2004 83,641
2005 90,720 +8.5%
2006 102,878 +13.4%
2007 119,382 +16.0%
2008 129,996 +8.9%
2009 144,631 +11.3%
2010 167,297 +15.7%
2011 194,670 +16.4%
2012 226,621 +16.4%
2013 386,573 +70.6%
2014 443,344 +14.7%
2015 443,578 +0.1%
2016 480,259 +8.3%
2017 589,119 +22.7%
2018 628,511 +6.7%
2019 646,465 +2.9%
2020 708,852 +9.7%
2021 789,000 +11.3%
2022 898,852 +13.9%
2023 1.00 million +11.7%
2024 1.11 million +10.1%

Guinea compared with similar countries

  • Guinea's 1.11 million is below the median for lower middle income countries, which is 7.37 million, 15% of the median. (21 countries reporting)
  • Guinea's 1.11 million is above the median for Sub-Saharan Africa, which is 786,037, 1.4× the median. (21 countries reporting)

Biggest year-on-year movements

Years where Number of Deposit Accounts, Commercial Banks, of Which: Household 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.

YearChange FromTo
2013 +70.6% 226,621 386,573

Averages by decade

DecadeAverage LowestHighest Years
2000s 111,875 83,641 144,631 6
2010s 420,644 167,297 646,465 10
2020s 901,323 708,852 1.11 million 5

Countries ranked near Guinea

  1. 61 Kosovo 1.50 million compare
  2. 62 Belarus 1.36 million compare
  3. 63 Malta 1.27 million compare
  4. 65 Fiji 1.04 million compare
  5. 66 Brunei 847,740 compare
  6. 67 Montenegro 842,768 compare

See the full ranking of 94 places →

More financial sector data for Guinea

All data for Guinea →

Frequently asked questions

What is number of deposit accounts, commercial banks, of which: household in Guinea?
Number of deposit accounts, commercial banks, of which: household in Guinea was 1.11 million in 2024, according to International Monetary Fund.
What is the highest number of deposit accounts, commercial banks, of which: household recorded in Guinea?
The highest recorded value was 1.11 million in 2024.
What is the lowest number of deposit accounts, commercial banks, of which: household recorded in Guinea?
The lowest recorded value was 83,641 in 2004.
How does Guinea rank for number of deposit accounts, commercial banks, of which: household?
Guinea ranks 64th out of 94 countries with data for 2024.
Is number of deposit accounts, commercial banks, of which: household rising or falling in Guinea?
Over the last ten years it is up 149.4%. 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 Deposit Accounts, Commercial Banks, of Which: Household Sector Deposit Accounts. Statizoid updates them automatically from the source API.

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Number of Deposit Accounts, Commercial Banks, of Which: Household in Guinea. Statizoid, drawing on International Monetary Fund. Retrieved 23 September 2026, from https://financial-sector.statizoid.com/stat/number-of-deposit-accounts-commercial-banks-of-which-household-sector-deposit-accounts/guinea/

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About this data

Indicator
Number of Deposit Accounts, Commercial Banks, of Which: Household Sector Deposit Accounts
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
94 places, 1,382 data points, 2004–2025
Last refreshed

Gender-disaggregated data on access to and use of financial services.