Number of Loan Accounts, Commercial Banks, of Which: Household Sector in Guinea
Guinea: Number of Loan Accounts, Commercial Banks, of Which: Household Sector was 271,429 in 2024. ◆ Volatile
Number of Loan Accounts, Commercial Banks, of Which: Household Sector in Guinea, 2004–2024
Source: International Monetary Fund.
Analysis
In 2024, number of loan accounts, commercial banks, of which: household sector in Guinea stood at 271,429. That is the highest value across all 21 years on record.
Compared with earlier readings it is up 9.6% on the previous year and up 185.4% over ten years.
Over the whole period, number of loan accounts, commercial banks, of which: household sector in Guinea peaked at 271,429 in 2024 and was at its lowest, 7,442, in 2008.
That places Guinea 69th out of 100 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 Loan Accounts, Commercial Banks, of Which: Household Sector in Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 10,502 | — |
| 2005 | 12,077 | +15.0% |
| 2006 | 15,140 | +25.4% |
| 2007 | 14,945 | -1.3% |
| 2008 | 7,442 | -50.2% |
| 2009 | 7,892 | +6.0% |
| 2010 | 9,376 | +18.8% |
| 2011 | 16,442 | +75.4% |
| 2012 | 30,948 | +88.2% |
| 2013 | 108,427 | +250.4% |
| 2014 | 95,099 | -12.3% |
| 2015 | 117,616 | +23.7% |
| 2016 | 106,624 | -9.3% |
| 2017 | 96,540 | -9.5% |
| 2018 | 110,968 | +14.9% |
| 2019 | 117,906 | +6.3% |
| 2020 | 161,224 | +36.7% |
| 2021 | 167,317 | +3.8% |
| 2022 | 190,958 | +14.1% |
| 2023 | 247,731 | +29.7% |
| 2024 | 271,429 | +9.6% |
Guinea compared with similar countries
- Guinea's 271,429 is below the median for lower middle income countries, which is 597,220, 45% of the median. (22 countries reporting)
- Guinea's 271,429 is above the median for Sub-Saharan Africa, which is 264,238, 1.0× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Number of Loan Accounts, 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 | +250.4% | 30,948 | 108,427 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11,333 | 7,442 | 15,140 | 6 |
| 2010s | 80,995 | 9,376 | 117,906 | 10 |
| 2020s | 207,732 | 161,224 | 271,429 | 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 loan accounts, commercial banks, of which: household sector in Guinea?
- Number of loan accounts, commercial banks, of which: household sector in Guinea was 271,429 in 2024, according to International Monetary Fund.
- What is the highest number of loan accounts, commercial banks, of which: household sector recorded in Guinea?
- The highest recorded value was 271,429 in 2024.
- What is the lowest number of loan accounts, commercial banks, of which: household sector recorded in Guinea?
- The lowest recorded value was 7,442 in 2008.
- How does Guinea rank for number of loan accounts, commercial banks, of which: household sector?
- Guinea ranks 69th out of 100 countries with data for 2024.
- Is number of loan accounts, commercial banks, of which: household sector rising or falling in Guinea?
- Over the last ten years it is up 185.4%. 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 Loan Accounts, Commercial Banks, of Which: Household Sector Loan Accounts. Statizoid updates them automatically from the source API.
Download this data
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About this data
Gender-disaggregated data on access to and use of financial services.