Debt service as a share of exports of good and services in Guinea
Guinea: Debt service as a share of exports of good and services was 2.2% in 2023. ◆ Volatile
Debt service as a share of exports of good and services in Guinea, 2000–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Guinea recorded 2.2% for debt service as a share of exports of good and services in 2023.
The figure is down 0.4% on the previous year and up 15.6% over ten years.
Over the whole period, debt service as a share of exports of good and services in Guinea peaked at 21.2% in 2004 and was at its lowest, 1.5%, in 2021.
That places Guinea 103rd out of 116 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service as a share of exports of good and services in Guinea, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 20.7% | — |
| 2001 | 13.3% | -35.9% |
| 2002 | 12.9% | -2.6% |
| 2003 | 14.8% | +14.0% |
| 2004 | 21.2% | +44.1% |
| 2005 | 18.1% | -15.0% |
| 2006 | 14.9% | -17.7% |
| 2007 | 12.1% | -18.6% |
| 2008 | 8.7% | -28.2% |
| 2009 | 10.4% | +20.3% |
| 2010 | 5.2% | -50.7% |
| 2011 | 11.7% | +126.2% |
| 2012 | 6.0% | -48.5% |
| 2013 | 1.9% | -68.0% |
| 2014 | 2.4% | +24.5% |
| 2015 | 4.0% | +67.8% |
| 2016 | 2.3% | -43.4% |
| 2017 | 1.7% | -25.6% |
| 2018 | 2.6% | +56.8% |
| 2019 | 2.5% | -3.8% |
| 2020 | 1.5% | -40.4% |
| 2021 | 1.5% | -2.0% |
| 2022 | 2.2% | +49.7% |
| 2023 | 2.2% | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.7% | 8.7% | 21.2% | 10 |
| 2010s | 4.0% | 1.7% | 11.7% | 10 |
| 2020s | 1.9% | 1.5% | 2.2% | 4 |
Countries ranked near Guinea
- 100 India 2.8% compare
- 101 Ghana 2.7% compare
- 102 Afghanistan 2.2% compare
- 104 Solomon Islands 2.2% compare
- 105 Zimbabwe 2.1% compare
- 106 Timor-Leste 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)
- Total reserves minus gold (current US$), annual growth rate -32.12 % change on previous year (2024)
- Total reserves minus gold (current US$), per unit of GDP 0.0327 current US$ per US$ of GDP (2024)
- Total reserves minus gold (current US$), per capita 55.42 current US$ per person (2024)
- General government final consumption expenditure (current US$) 36.63 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1672 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 313.92 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 37.54 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 1,444 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is debt service as a share of exports of good and services in Guinea?
- Debt service as a share of exports of good and services in Guinea was 2.2% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest debt service as a share of exports of good and services recorded in Guinea?
- The highest recorded value was 21.2% in 2004.
- What is the lowest debt service as a share of exports of good and services recorded in Guinea?
- The lowest recorded value was 1.5% in 2021.
- How does Guinea rank for debt service as a share of exports of good and services?
- Guinea ranks 103rd out of 116 countries with data for 2023.
- Is debt service as a share of exports of good and services rising or falling in Guinea?
- Over the last ten years it is up 15.6%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Debt service as a share of exports of good and services. Statizoid updates them automatically from the source API.
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About this data
Debt service as a proportion of exports of goods, services and primary income (%).