Gross domestic savings, private in Guinea
Guinea: Gross domestic savings, private was -943.94 billion current LCU in 2011. ◆ Volatile
Gross domestic savings, private in Guinea, 1986–2011
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.
Analysis
The most recent figure for gross domestic savings, private in Guinea is -943.94 billion current LCU, measured in 2011. That is the lowest value across all 26 years on record.
The figure is down 163.1% on the previous year and down 215.6% over ten years.
Over the whole period, gross domestic savings, private in Guinea peaked at 1.74 trillion current LCU in 2006 and was at its lowest, -943.94 billion current LCU, in 2011.
That places Guinea 26th out of 26 countries with data for 2011, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings, private in Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1986 | 118.73 billion current LCU | — |
| 1987 | 134.40 billion current LCU | +13.2% |
| 1988 | 135.99 billion current LCU | +1.2% |
| 1989 | 231.46 billion current LCU | +70.2% |
| 1990 | 326.48 billion current LCU | +41.1% |
| 1991 | 453.35 billion current LCU | +38.9% |
| 1992 | 535.23 billion current LCU | +18.1% |
| 1993 | 572.74 billion current LCU | +7.0% |
| 1994 | 559.49 billion current LCU | -2.3% |
| 1995 | 590.12 billion current LCU | +5.5% |
| 1996 | 559.59 billion current LCU | -5.2% |
| 1997 | 568.37 billion current LCU | +1.6% |
| 1998 | 439.36 billion current LCU | -22.7% |
| 1999 | 579.90 billion current LCU | +32.0% |
| 2000 | 659.00 billion current LCU | +13.6% |
| 2001 | 816.50 billion current LCU | +23.9% |
| 2002 | 647.70 billion current LCU | -20.7% |
| 2003 | 1.57 trillion current LCU | +142.2% |
| 2004 | 1.44 trillion current LCU | -8.5% |
| 2005 | 1.49 trillion current LCU | +4.0% |
| 2006 | 1.74 trillion current LCU | +16.8% |
| 2007 | 214.94 billion current LCU | -87.7% |
| 2008 | 1.53 trillion current LCU | +609.8% |
| 2009 | 1.24 trillion current LCU | -18.8% |
| 2010 | 1.50 trillion current LCU | +20.6% |
| 2011 | -943.94 billion current LCU | -163.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 155.15 billion current LCU | 118.73 billion current LCU | 231.46 billion current LCU | 4 |
| 1990s | 518.46 billion current LCU | 326.48 billion current LCU | 590.12 billion current LCU | 10 |
| 2000s | 1.13 trillion current LCU | 214.94 billion current LCU | 1.74 trillion current LCU | 10 |
| 2010s | 275.65 billion current LCU | -943.94 billion current LCU | 1.50 trillion current LCU | 2 |
Countries ranked near Guinea
- 23 Guinea-Bissau -4.70 billion current LCU compare
- 24 Comoros -4.75 billion current LCU compare
- 25 Cape Verde -9.04 billion current LCU 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)
- GDP (constant 2015 US$), annual growth rate 7.45 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.585 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 1,098 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 7.45 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 3,268 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 6.13 million constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 6.94 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.1614 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic savings, private in Guinea?
- Gross domestic savings, private in Guinea was -943.94 billion current LCU in 2011, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest gross domestic savings, private recorded in Guinea?
- The highest recorded value was 1.74 trillion current LCU in 2006.
- What is the lowest gross domestic savings, private recorded in Guinea?
- The lowest recorded value was -943.94 billion current LCU in 2011.
- How does Guinea rank for gross domestic savings, private?
- Guinea ranks 26th out of 26 countries with data for 2011.
- Is gross domestic savings, private rising or falling in Guinea?
- Over the last ten years it is down 215.6%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Gross domestic savings, private (current LCU). Statizoid updates them automatically from the source API.
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About this data
Private sector’s gross domestic saving is derived as value added in private sector at factor cost less private consumption, etc. Data are in current local currency.