Total reserves in months of imports in Guinea
Guinea: Total reserves in months of imports was 1.28 in 2024. ◆ Volatile
Total reserves in months of imports in Guinea, 1991–2024
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
The most recent figure for total reserves in months of imports in Guinea is 1.28, measured in 2024.
The figure is down 41.6% on the previous year and down 65.9% over ten years.
Over the whole period, total reserves in months of imports in Guinea peaked at 4.35 in 2021 and was at its lowest, 0.3432, in 2007.
That places Guinea 156th out of 178 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.
Total reserves in months of imports in Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 1.42 | — |
| 1992 | 1.1 | -23.0% |
| 1993 | 1.58 | +44.5% |
| 1994 | 0.932 | -41.2% |
| 1995 | 0.9391 | +0.8% |
| 1996 | 0.9951 | +6.0% |
| 1997 | 1.53 | +53.5% |
| 1998 | 2.61 | +70.9% |
| 1999 | 2.28 | -12.8% |
| 2000 | 2.07 | -9.2% |
| 2001 | 2.58 | +24.8% |
| 2002 | 3.08 | +19.3% |
| 2003 | 3.23 | +4.7% |
| 2004 | 1.34 | -58.4% |
| 2005 | 1.07 | -20.1% |
| 2006 | 0.3668 | -65.8% |
| 2007 | 0.3432 | -6.4% |
| 2008 | 0.3495 | +1.8% |
| 2009 | 3.14 | +799.1% |
| 2010 | 1.91 | -39.2% |
| 2011 | 4.02 | +110.1% |
| 2012 | 2.78 | -30.7% |
| 2013 | 3.13 | +12.5% |
| 2014 | 3.75 | +19.7% |
| 2015 | 2.73 | -27.1% |
| 2016 | 1.89 | -30.7% |
| 2017 | 2.71 | +43.2% |
| 2018 | 3.36 | +24.0% |
| 2019 | 3.66 | +8.9% |
| 2020 | 2.77 | -24.3% |
| 2021 | 4.35 | +56.9% |
| 2022 | 4.14 | -4.8% |
| 2023 | 2.19 | -47.1% |
| 2024 | 1.28 | -41.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.49 | 0.932 | 2.61 | 9 |
| 2000s | 1.76 | 0.3432 | 3.23 | 10 |
| 2010s | 3 | 1.89 | 4.02 | 10 |
| 2020s | 2.94 | 1.28 | 4.35 | 5 |
Countries ranked near Guinea
More financial sector data for Guinea
- 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)
- 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)
Frequently asked questions
- What is total reserves in months of imports in Guinea?
- Total reserves in months of imports in Guinea was 1.28 in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest total reserves in months of imports recorded in Guinea?
- The highest recorded value was 4.35 in 2021.
- What is the lowest total reserves in months of imports recorded in Guinea?
- The lowest recorded value was 0.3432 in 2007.
- How does Guinea rank for total reserves in months of imports?
- Guinea ranks 156th out of 178 countries with data for 2024.
- Is total reserves in months of imports rising or falling in Guinea?
- Over the last ten years it is down 65.9%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Total reserves in months of imports. Statizoid updates them automatically from the source API.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This item is expressed in terms of the number of months of imports of goods and services they could pay for [X/(Imports/12)].