Gross domestic savings, private in Guinea
Guinea: Gross domestic savings, private was -142.57 million current US$ in 2011. ▼ Falling
Gross domestic savings, private in Guinea, 1986–2011
Source: World Bank country economists. Measured in current US$.
Analysis
The most recent figure for gross domestic savings, private in Guinea is -142.57 million current US$, measured in 2011. That is the lowest value across all 26 years on record.
That represents a change of down 154.6% on the previous year and down 134.0% over ten years.
Over the whole period, gross domestic savings, private in Guinea peaked at 790.40 million current US$ in 2003 and was at its lowest, -142.57 million current US$, in 2011.
Guinea ranks 26th of 26 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Gross domestic savings, private in Guinea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1986 | 343.12 million current US$ | — |
| 1987 | 313.73 million current US$ | -8.6% |
| 1988 | 286.67 million current US$ | -8.6% |
| 1989 | 391.22 million current US$ | +36.5% |
| 1990 | 494.52 million current US$ | +26.4% |
| 1991 | 601.34 million current US$ | +21.6% |
| 1992 | 593.38 million current US$ | -1.3% |
| 1993 | 599.41 million current US$ | +1.0% |
| 1994 | 572.90 million current US$ | -4.4% |
| 1995 | 595.24 million current US$ | +3.9% |
| 1996 | 557.36 million current US$ | -6.4% |
| 1997 | 518.92 million current US$ | -6.9% |
| 1998 | 355.23 million current US$ | -31.5% |
| 1999 | 417.98 million current US$ | +17.7% |
| 2000 | 377.24 million current US$ | -9.7% |
| 2001 | 419.19 million current US$ | +11.1% |
| 2002 | 327.75 million current US$ | -21.8% |
| 2003 | 790.40 million current US$ | +141.2% |
| 2004 | 645.39 million current US$ | -18.3% |
| 2005 | 409.98 million current US$ | -36.5% |
| 2006 | 326.07 million current US$ | -20.5% |
| 2007 | 52.14 million current US$ | -84.0% |
| 2008 | 277.41 million current US$ | +432.1% |
| 2009 | 233.24 million current US$ | -15.9% |
| 2010 | 261.13 million current US$ | +12.0% |
| 2011 | -142.57 million current US$ | -154.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 333.68 million current US$ | 286.67 million current US$ | 391.22 million current US$ | 4 |
| 1990s | 530.63 million current US$ | 355.23 million current US$ | 601.34 million current US$ | 10 |
| 2000s | 385.88 million current US$ | 52.14 million current US$ | 790.40 million current US$ | 10 |
| 2010s | 59.28 million current US$ | -142.57 million current US$ | 261.13 million current US$ | 2 |
Countries ranked near Guinea
- 23 Guinea-Bissau -6.74 million current US$ compare
- 24 Comoros -10.86 million current US$ compare
- 25 Cape Verde -92.14 million current US$ 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)
- GNI (current LCU), annual growth rate 20.69 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 8,271 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 15.53 million current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 49.2 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual 48.86 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 13.46 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0759 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 142.49 current US$ per person (2025)
Frequently asked questions
- What is gross domestic savings, private in Guinea?
- Gross domestic savings, private in Guinea was -142.57 million current US$ in 2011, according to World Bank country economists.
- What is the highest gross domestic savings, private recorded in Guinea?
- The highest recorded value was 790.40 million current US$ in 2003.
- What is the lowest gross domestic savings, private recorded in Guinea?
- The lowest recorded value was -142.57 million current US$ 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 134.0%. The long-run trend across the full record is falling.
- Where does this Guinea data come from?
- The figures come from World Bank country economists, published as part of Gross domestic savings, private (current US$). 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 U.S. dollars.