Outstanding Deposits, Commercial Banks, of Which: Household Sector in Guinea
Guinea: Outstanding Deposits, Commercial Banks, of Which: Household Sector was 14.09 trillion in 2024. ◆ Volatile
Outstanding Deposits, Commercial Banks, of Which: Household Sector in Guinea, 2004–2024
Source: International Monetary Fund.
Analysis
Guinea recorded 14.09 trillion for outstanding deposits, commercial banks, of which: household sector in 2024. That is the highest value across all 21 years on record.
The figure is up 11.7% on the previous year and up 183.8% over ten years.
Over the whole period, outstanding deposits, commercial banks, of which: household sector in Guinea peaked at 14.09 trillion in 2024 and was at its lowest, 104.10 billion, in 2004.
That places Guinea 15th out of 127 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Outstanding Deposits, Commercial Banks, of Which: Household Sector in Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 104.10 billion | — |
| 2005 | 207.50 billion | +99.3% |
| 2006 | 318.11 billion | +53.3% |
| 2007 | 406.47 billion | +27.8% |
| 2008 | 549.72 billion | +35.2% |
| 2009 | 906.99 billion | +65.0% |
| 2010 | 1.34 trillion | +48.2% |
| 2011 | 1.56 trillion | +15.8% |
| 2012 | 1.93 trillion | +23.7% |
| 2013 | 3.54 trillion | +83.8% |
| 2014 | 4.96 trillion | +40.3% |
| 2015 | 5.66 trillion | +14.0% |
| 2016 | 6.41 trillion | +13.3% |
| 2017 | 7.33 trillion | +14.3% |
| 2018 | 7.66 trillion | +4.5% |
| 2019 | 8.77 trillion | +14.4% |
| 2020 | 11.47 trillion | +30.9% |
| 2021 | 11.86 trillion | +3.3% |
| 2022 | 11.29 trillion | -4.7% |
| 2023 | 12.61 trillion | +11.7% |
| 2024 | 14.09 trillion | +11.7% |
Guinea compared with similar countries
- Guinea's 14.09 trillion is above the median for lower middle income countries, which is 743.54 billion, 18.9× the median. (22 countries reporting)
- Guinea's 14.09 trillion is above the median for Sub-Saharan Africa, which is 284.32 billion, 49.6× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 415.48 billion | 104.10 billion | 906.99 billion | 6 |
| 2010s | 4.92 trillion | 1.34 trillion | 8.77 trillion | 10 |
| 2020s | 12.27 trillion | 11.29 trillion | 14.09 trillion | 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 outstanding deposits, commercial banks, of which: household sector in Guinea?
- Outstanding deposits, commercial banks, of which: household sector in Guinea was 14.09 trillion in 2024, according to International Monetary Fund.
- What is the highest outstanding deposits, commercial banks, of which: household sector recorded in Guinea?
- The highest recorded value was 14.09 trillion in 2024.
- What is the lowest outstanding deposits, commercial banks, of which: household sector recorded in Guinea?
- The lowest recorded value was 104.10 billion in 2004.
- How does Guinea rank for outstanding deposits, commercial banks, of which: household sector?
- Guinea ranks 15th out of 127 countries with data for 2024.
- Is outstanding deposits, commercial banks, of which: household sector rising or falling in Guinea?
- Over the last ten years it is up 183.8%. 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 Outstanding Deposits, Commercial Banks, of Which: Household Sector Deposits. 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.