Debt service as a proportion of exports of goods, services and in Guinea
Guinea: Debt service as a proportion of exports of goods, services and was 2.2% in 2023. ◆ Volatile
Latest (2023)
2.2%
Change on year
down 0.7%
World rank
109th
of 125 countries
All-time high
21.3%
in 2004
All-time low
1.5%
in 2021
Years of data
24
2000–2023
Debt service as a proportion of exports of goods, services and in Guinea, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2023, debt service as a proportion of exports of goods, services and in Guinea stood at 2.2%.
Compared with earlier readings it is down 0.7% on the previous year and up 15.5% over ten years.
Over the whole period, debt service as a proportion of exports of goods, services and in Guinea peaked at 21.3% in 2004 and was at its lowest, 1.5%, in 2021.
Guinea ranks 109th of 125 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service as a proportion of exports of goods, services and in Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 20.7% | — |
| 2001 | 13.3% | -35.9% |
| 2002 | 12.9% | -2.7% |
| 2003 | 14.7% | +14.0% |
| 2004 | 21.3% | +44.1% |
| 2005 | 18.1% | -15.0% |
| 2006 | 14.9% | -17.7% |
| 2007 | 12.1% | -18.5% |
| 2008 | 8.7% | -28.2% |
| 2009 | 10.4% | +20.2% |
| 2010 | 5.2% | -50.7% |
| 2011 | 11.7% | +126.2% |
| 2012 | 6.0% | -48.5% |
| 2013 | 1.9% | -68.0% |
| 2014 | 2.4% | +24.7% |
| 2015 | 4.0% | +67.6% |
| 2016 | 2.3% | -43.5% |
| 2017 | 1.7% | -25.4% |
| 2018 | 2.6% | +56.6% |
| 2019 | 2.5% | -3.9% |
| 2020 | 1.5% | -40.1% |
| 2021 | 1.5% | -2.1% |
| 2022 | 2.2% | +49.6% |
| 2023 | 2.2% | -0.7% |
Guinea compared with similar countries
- Guinea's 2.2% is below the median for lower middle income countries, which is 7.0%, 32% of the median. (41 countries reporting)
- Guinea's 2.2% is below the median for Sub-Saharan Africa, which is 9.0%, 25% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.7% | 8.7% | 21.3% | 10 |
| 2010s | 4.0% | 1.7% | 11.7% | 10 |
| 2020s | 1.9% | 1.5% | 2.2% | 4 |
Countries ranked near Guinea
- 106 India 2.8% compare
- 107 Ghana 2.7% compare
- 108 Afghanistan 2.2% compare
- 110 Solomon Islands 2.2% compare
- 111 Zimbabwe 2.1% compare
- 112 Timor-Leste 2.0% compare
- 112 East Timor 2.0% compare
More economy & growth data for Guinea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.64 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 30,000 BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.002 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.40 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 6.61 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0561 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 95.01 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -28.7 % change on previous year (2024)
Frequently asked questions
- What is debt service as a proportion of exports of goods, services and in Guinea?
- Debt service as a proportion of exports of goods, services and in Guinea was 2.2% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest debt service as a proportion of exports of goods, services and recorded in Guinea?
- The highest recorded value was 21.3% in 2004.
- What is the lowest debt service as a proportion of exports of goods, services and recorded in Guinea?
- The lowest recorded value was 1.5% in 2021.
- How does Guinea rank for debt service as a proportion of exports of goods, services and?
- Guinea ranks 109th out of 125 countries with data for 2023.
- Is debt service as a proportion of exports of goods, services and rising or falling in Guinea?
- Over the last ten years it is up 15.5%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Debt service as a proportion of exports of goods, services and primary income (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under UN SDG Global Database (open, attribution requested).