Secondary income balance (credit less debit), Net (credits less) in Guinea
Guinea: Secondary income balance (credit less debit), Net (credits less) was 489.20 million in 2024. ◆ Volatile
Secondary income balance (credit less debit), Net (credits less) in Guinea, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, secondary income balance (credit less debit), net (credits less) in Guinea stood at 489.20 million.
Compared with earlier readings it is up 6.7% on the previous year and up 2,645.1% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Guinea peaked at 537.27 million in 2022 and was at its lowest, -130.59 million, in 2007.
That places Guinea 87th out of 197 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.
Secondary income balance (credit less debit), Net (credits less) in Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -10.08 million | — |
| 2006 | -20.61 million | +104.5% |
| 2007 | -130.59 million | +533.6% |
| 2008 | 18.48 million | -114.2% |
| 2009 | 33.72 million | +82.5% |
| 2010 | 17.05 million | -49.4% |
| 2011 | 139.47 million | +718.0% |
| 2012 | 132.45 million | -5.0% |
| 2013 | 87.85 million | -33.7% |
| 2014 | 17.82 million | -79.7% |
| 2015 | -41.32 million | -331.8% |
| 2016 | 80.85 million | -295.7% |
| 2017 | 162.55 million | +101.1% |
| 2018 | 95.96 million | -41.0% |
| 2019 | 78.84 million | -17.8% |
| 2020 | 147.01 million | +86.5% |
| 2021 | 389.67 million | +165.1% |
| 2022 | 537.27 million | +37.9% |
| 2023 | 458.52 million | -14.7% |
| 2024 | 489.20 million | +6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -21.82 million | -130.59 million | 33.72 million | 5 |
| 2010s | 77.15 million | -41.32 million | 162.55 million | 10 |
| 2020s | 404.33 million | 147.01 million | 537.27 million | 5 |
Countries ranked near Guinea
- 84 French Polynesia 531.65 million compare
- 85 Tanzania 529.92 million compare
- 86 Burundi 505.86 million compare
- 88 Cape Verde 466.43 million compare
- 89 Montenegro 466.20 million compare
- 90 Malawi 454.65 million compare
More financial sector data for Guinea
- 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)
- Total reserves (gold at market value) (SDR), annual growth rate -26.65 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 69.93 SDR per person (2024)
- 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)
Frequently asked questions
- What is secondary income balance (credit less debit), net (credits less) in Guinea?
- Secondary income balance (credit less debit), net (credits less) in Guinea was 489.20 million in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Guinea?
- The highest recorded value was 537.27 million in 2022.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Guinea?
- The lowest recorded value was -130.59 million in 2007.
- How does Guinea rank for secondary income balance (credit less debit), net (credits less)?
- Guinea ranks 87th out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Guinea?
- Over the last ten years it is up 2,645.1%. 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 Secondary 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.