External debt stocks in Guinea
Guinea: External debt stocks was 23.2% in 2024. ◆ Volatile
External debt stocks in Guinea, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
Guinea recorded 23.2% for external debt stocks in 2024.
The figure is down 8.0% on the previous year and up 7.9% over ten years.
Over the whole period, external debt stocks in Guinea peaked at 76.9% in 2005 and was at its lowest, 7.0%, in 1985.
That places Guinea 103rd out of 121 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.
External debt stocks in Guinea, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 11.4% | — |
| 1971 | 13.6% | +20.0% |
| 1972 | 13.6% | -0.4% |
| 1973 | 13.4% | -1.5% |
| 1974 | 14.4% | +8.0% |
| 1975 | 14.0% | -3.0% |
| 1976 | 13.4% | -4.0% |
| 1977 | 14.6% | +8.8% |
| 1978 | 14.1% | -3.2% |
| 1979 | 14.3% | +1.3% |
| 1980 | 12.7% | -11.5% |
| 1981 | 15.5% | +22.0% |
| 1982 | 12.5% | -19.5% |
| 1983 | 9.7% | -22.5% |
| 1984 | 7.4% | -23.3% |
| 1985 | 7.0% | -5.8% |
| 1986 | 64.1% | +818.4% |
| 1987 | 72.5% | +13.2% |
| 1988 | 67.6% | -6.8% |
| 1989 | 64.2% | -5.1% |
| 1990 | 65.0% | +1.3% |
| 1991 | 60.5% | -6.9% |
| 1992 | 55.8% | -7.7% |
| 1993 | 58.9% | +5.6% |
| 1994 | 62.6% | +6.2% |
| 1995 | 60.3% | -3.7% |
| 1996 | 57.8% | -4.1% |
| 1997 | 64.5% | +11.6% |
| 1998 | 69.3% | +7.4% |
| 1999 | 64.5% | -6.9% |
| 2000 | 71.7% | +11.1% |
| 2001 | 72.1% | +0.5% |
| 2002 | 74.1% | +2.8% |
| 2003 | 66.4% | -10.4% |
| 2004 | 63.9% | -3.8% |
| 2005 | 76.9% | +20.5% |
| 2006 | 75.5% | -1.8% |
| 2007 | 53.1% | -29.7% |
| 2008 | 46.5% | -12.4% |
| 2009 | 49.3% | +5.9% |
| 2010 | 47.8% | -3.0% |
| 2011 | 48.2% | +0.8% |
| 2012 | 17.8% | -63.0% |
| 2013 | 21.1% | +18.2% |
| 2014 | 21.5% | +2.1% |
| 2015 | 23.6% | +9.6% |
| 2016 | 26.1% | +10.8% |
| 2017 | 23.3% | -10.9% |
| 2018 | 22.2% | -4.6% |
| 2019 | 26.6% | +19.7% |
| 2020 | 29.5% | +11.2% |
| 2021 | 28.3% | -4.0% |
| 2022 | 25.1% | -11.6% |
| 2023 | 25.2% | +0.6% |
| 2024 | 23.2% | -8.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.7% | 11.4% | 14.6% | 10 |
| 1980s | 33.3% | 7.0% | 72.5% | 10 |
| 1990s | 61.9% | 55.8% | 69.3% | 10 |
| 2000s | 64.9% | 46.5% | 76.9% | 10 |
| 2010s | 27.8% | 17.8% | 48.2% | 10 |
| 2020s | 26.3% | 23.2% | 29.5% | 5 |
Countries ranked near Guinea
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)
- Industry (including construction), value added (constant 2015 US$) 10.77 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2054 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 385.57 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 10.77 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 1,171 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 2.20 million constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 11.43 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.3573 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is external debt stocks in Guinea?
- External debt stocks in Guinea was 23.2% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks recorded in Guinea?
- The highest recorded value was 76.9% in 2005.
- What is the lowest external debt stocks recorded in Guinea?
- The lowest recorded value was 7.0% in 1985.
- How does Guinea rank for external debt stocks?
- Guinea ranks 103rd out of 121 countries with data for 2024.
- Is external debt stocks rising or falling in Guinea?
- Over the last ten years it is up 7.9%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total external debt stocks to gross national income. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.