Services, Credit/Revenue in Guinea
Guinea: Services, Credit/Revenue was 71.20 million in 2024. ▲ Rising
Services, Credit/Revenue in Guinea, 2005–2024
Source: International Monetary Fund.
Analysis
Guinea recorded 71.20 million for services, credit/revenue in 2024.
That represents a change of down 50.2% on the previous year and up 11.7% over ten years.
Over the whole period, services, credit/revenue in Guinea peaked at 159.06 million in 2012 and was at its lowest, 27.02 million, in 2021.
Guinea ranks 188th of 198 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Services, Credit/Revenue in Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 82.89 million | — |
| 2006 | 63.51 million | -23.4% |
| 2007 | 48.70 million | -23.3% |
| 2008 | 102.90 million | +111.3% |
| 2009 | 72.24 million | -29.8% |
| 2010 | 62.41 million | -13.6% |
| 2011 | 77.38 million | +24.0% |
| 2012 | 159.06 million | +105.6% |
| 2013 | 103.53 million | -34.9% |
| 2014 | 63.75 million | -38.4% |
| 2015 | 78.45 million | +23.1% |
| 2016 | 52.93 million | -32.5% |
| 2017 | 52.36 million | -1.1% |
| 2018 | 101.01 million | +92.9% |
| 2019 | 95.38 million | -5.6% |
| 2020 | 64.83 million | -32.0% |
| 2021 | 27.02 million | -58.3% |
| 2022 | 145.68 million | +439.2% |
| 2023 | 143.01 million | -1.8% |
| 2024 | 71.20 million | -50.2% |
Guinea compared with similar countries
- Guinea's 71.20 million is below the median for lower middle income countries, which is 1.29 billion, 6% of the median. (46 countries reporting)
- Guinea's 71.20 million is below the median for Sub-Saharan Africa, which is 514.12 million, 14% of the median. (43 countries reporting)
Biggest year-on-year movements
Years where Services, Credit/Revenue 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 |
|---|---|---|---|
| 2022 | +439.2% | 27.02 million | 145.68 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 74.05 million | 48.70 million | 102.90 million | 5 |
| 2010s | 84.63 million | 52.36 million | 159.06 million | 10 |
| 2020s | 90.35 million | 27.02 million | 145.68 million | 5 |
Countries ranked near Guinea
- 185 East Timor 82.07 million compare
- 186 Vanuatu 78.47 million compare
- 187 Papua New Guinea 75.21 million compare
- 189 Nauru 64.55 million compare
- 190 Palau 61.89 million compare
- 191 Guinea-Bissau 44.75 million compare
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 services, credit/revenue in Guinea?
- Services, credit/revenue in Guinea was 71.20 million in 2024, according to International Monetary Fund.
- What is the highest services, credit/revenue recorded in Guinea?
- The highest recorded value was 159.06 million in 2012.
- What is the lowest services, credit/revenue recorded in Guinea?
- The lowest recorded value was 27.02 million in 2021.
- How does Guinea rank for services, credit/revenue?
- Guinea ranks 188th out of 198 countries with data for 2024.
- Is services, credit/revenue rising or falling in Guinea?
- Over the last ten years it is up 11.7%. The long-run trend across the full record is rising.
- Where does this Guinea data come from?
- The figures come from International Monetary Fund, published as part of Services, Credit/Revenue (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.