Primary income balance (credit less debit), Net (credits less debits) in Guinea
Guinea: Primary income balance (credit less debit), Net (credits less debits) was -2.37 billion in 2024. ◆ Volatile
Primary income balance (credit less debit), Net (credits less debits) in Guinea, 2005–2024
Source: International Monetary Fund.
Analysis
Guinea recorded -2.37 billion for primary income balance (credit less debit), net (credits less debits) in 2024. That is the lowest value across all 20 years on record.
That represents a change of down 22.6% on the previous year and down 1,016.1% over ten years.
Over the whole period, primary income balance (credit less debit), net (credits less debits) in Guinea peaked at -40.82 million in 2006 and was at its lowest, -2.37 billion, in 2024.
Guinea ranks 133rd of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income balance (credit less debit), Net (credits less debits) in Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -48.40 million | — |
| 2006 | -40.82 million | -15.7% |
| 2007 | -63.15 million | +54.7% |
| 2008 | -91.20 million | +44.4% |
| 2009 | -168.24 million | +84.5% |
| 2010 | -77.11 million | -54.2% |
| 2011 | -133.39 million | +73.0% |
| 2012 | -121.98 million | -8.6% |
| 2013 | -405.14 million | +232.1% |
| 2014 | -212.22 million | -47.6% |
| 2015 | -143.24 million | -32.5% |
| 2016 | -154.81 million | +8.1% |
| 2017 | -50.63 million | -67.3% |
| 2018 | -181.84 million | +259.2% |
| 2019 | -114.09 million | -37.3% |
| 2020 | -144.79 million | +26.9% |
| 2021 | -663.70 million | +358.4% |
| 2022 | -336.59 million | -49.3% |
| 2023 | -1.93 billion | +473.9% |
| 2024 | -2.37 billion | +22.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -82.36 million | -168.24 million | -40.82 million | 5 |
| 2010s | -159.45 million | -405.14 million | -50.63 million | 10 |
| 2020s | -1.09 billion | -2.37 billion | -144.79 million | 5 |
Countries ranked near Guinea
- 130 Zambia -2.18 billion compare
- 131 El Salvador -2.26 billion compare
- 132 Congo, Democratic Republic of the -2.32 billion compare
- 134 Morocco -2.39 billion compare
- 135 Georgia -2.51 billion compare
- 136 Mozambique -2.52 billion compare
More financial sector data for Guinea
- Total reserves (gold at national valuation) (SDR), annual growth rate -36.32 % change on previous year (2024)
- Total reserves (gold at national valuation) (SDR), per capita 58.59 SDR per person (2024)
- Total reserves in months of imports, annual growth rate -41.64 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -27.16 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0239 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 40.55 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate -30.17 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 42.49 SDR per person (2024)
Frequently asked questions
- What is primary income balance (credit less debit), net (credits less debits) in Guinea?
- Primary income balance (credit less debit), net (credits less debits) in Guinea was -2.37 billion in 2024, according to International Monetary Fund.
- What is the highest primary income balance (credit less debit), net (credits less debits) recorded in Guinea?
- The highest recorded value was -40.82 million in 2006.
- What is the lowest primary income balance (credit less debit), net (credits less debits) recorded in Guinea?
- The lowest recorded value was -2.37 billion in 2024.
- How does Guinea rank for primary income balance (credit less debit), net (credits less debits)?
- Guinea ranks 133rd out of 197 countries with data for 2024.
- Is primary income balance (credit less debit), net (credits less debits) rising or falling in Guinea?
- Over the last ten years it is down 1,016.1%. 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 Primary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.