Number of Household Sector Borrowers at Commercial Banks per 1,000 in Guinea
Guinea: Number of Household Sector Borrowers at Commercial Banks per 1,000 was 19.36 in 2024. ◆ Volatile
Number of Household Sector Borrowers at Commercial Banks per 1,000 in Guinea, 2004–2024
Source: International Monetary Fund.
Analysis
The most recent figure for number of household sector borrowers at commercial banks per 1,000 in Guinea is 19.36, measured in 2024. That is the highest value across all 21 years on record.
That represents a change of up 5.4% on the previous year and up 87.1% over ten years.
Over the whole period, number of household sector borrowers at commercial banks per 1,000 in Guinea peaked at 19.36 in 2024 and was at its lowest, 0.8174, in 2008.
That places Guinea 82nd 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 Household Sector Borrowers at Commercial Banks per 1,000 in Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 1.29 | — |
| 2005 | 1.49 | +15.6% |
| 2006 | 1.74 | +16.4% |
| 2007 | 1.5 | -13.6% |
| 2008 | 0.8174 | -45.5% |
| 2009 | 0.9198 | +12.5% |
| 2010 | 1.03 | +12.5% |
| 2011 | 1.64 | +58.7% |
| 2012 | 2.08 | +26.6% |
| 2013 | 13.34 | +542.2% |
| 2014 | 10.35 | -22.4% |
| 2015 | 15.05 | +45.4% |
| 2016 | 11.08 | -26.4% |
| 2017 | 9.97 | -10.0% |
| 2018 | 11.05 | +10.8% |
| 2019 | 12.06 | +9.2% |
| 2020 | 14.26 | +18.2% |
| 2021 | 14.66 | +2.8% |
| 2022 | 15.77 | +7.6% |
| 2023 | 18.37 | +16.5% |
| 2024 | 19.36 | +5.4% |
Guinea compared with similar countries
- Guinea's 19.36 is below the median for lower middle income countries, which is 50.96, 38% of the median. (21 countries reporting)
- Guinea's 19.36 is below the median for Sub-Saharan Africa, which is 37.67, 51% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Number of Household Sector Borrowers at Commercial Banks per 1,000 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 | +542.2% | 2.08 | 13.34 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.29 | 0.8174 | 1.74 | 6 |
| 2010s | 8.76 | 1.03 | 15.05 | 10 |
| 2020s | 16.48 | 14.26 | 19.36 | 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 household sector borrowers at commercial banks per 1,000 in Guinea?
- Number of household sector borrowers at commercial banks per 1,000 in Guinea was 19.36 in 2024, according to International Monetary Fund.
- What is the highest number of household sector borrowers at commercial banks per 1,000 recorded in Guinea?
- The highest recorded value was 19.36 in 2024.
- What is the lowest number of household sector borrowers at commercial banks per 1,000 recorded in Guinea?
- The lowest recorded value was 0.8174 in 2008.
- How does Guinea rank for number of household sector borrowers at commercial banks per 1,000?
- Guinea ranks 82nd out of 89 countries with data for 2024.
- Is number of household sector borrowers at commercial banks per 1,000 rising or falling in Guinea?
- Over the last ten years it is up 87.1%. 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 Household Sector Borrowers at Commercial Banks per 1,000 Adults. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.