Services balance (credit less debit), Net (credits less debits) in Guinea
Guinea: Services balance (credit less debit), Net (credits less debits) was -3.08 billion in 2024. β Volatile
Services balance (credit less debit), Net (credits less debits) in Guinea, 2005β2024
Source: International Monetary Fund.
Analysis
In 2024, services balance (credit less debit), net (credits less debits) in Guinea stood at -3.08 billion.
The figure is up 2.1% on the previous year and down 539.1% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Guinea peaked at -205.17 million in 2005 and was at its lowest, -3.14 billion, in 2023.
That places Guinea 160th out of 197 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -262.39 million | -343.27 million | -205.17 million | 5 |
| 2010s | -590.81 million | -754.72 million | -339.55 million | 10 |
| 2020s | -2.13 billion | -3.14 billion | -760.51 million | 5 |
Countries ranked near Guinea
More financial sector data for Guinea
- Net domestic credit (current LCU), per capita 5.16 million current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 2,750 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 28.06 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 7.08 million SDR (2024)
- Gold reserves at market value 404.80 million SDR (2024)
- Reserves excluding gold, foreign exchange 598.31 million SDR (2024)
- Reserves excluding gold 626.99 million SDR (2024)
- Total reserves (gold at market value) 1.03 billion SDR (2024)
- Total reserves (gold at national valuation) 864.44 million SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 58.59 SDR per person (2024)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in Guinea?
- Services balance (credit less debit), net (credits less debits) in Guinea was -3.08 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Guinea?
- The highest recorded value was -205.17 million in 2005.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Guinea?
- The lowest recorded value was -3.14 billion in 2023.
- How does Guinea rank for services balance (credit less debit), net (credits less debits)?
- Guinea ranks 160th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Guinea?
- Over the last ten years it is down 539.1%. 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 Services 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.