Gross savings (current LCU), per unit of GDP in Guinea
Guinea: Gross savings (current LCU), per unit of GDP was 823.2 current LCU per US$ of GDP in 2024. ◆ Volatile
Gross savings (current LCU), per unit of GDP in Guinea, 1986–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for gross savings (current lcu), per unit of gdp in Guinea is 823.2 current LCU per US$ of GDP, measured in 2024.
The figure is up 4.1% on the previous year and up 520.2% over ten years.
Over the whole period, gross savings (current lcu), per unit of gdp in Guinea peaked at 1,379 current LCU per US$ of GDP in 2005 and was at its lowest, -552.8 current LCU per US$ of GDP, in 2015.
Guinea ranks 12th of 178 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current LCU), per unit of GDP in Guinea, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1986 | 130.69 current LCU per US$ of GDP | — |
| 1987 | 170.38 current LCU per US$ of GDP | +30.4% |
| 1988 | 184.87 current LCU per US$ of GDP | +8.5% |
| 1989 | 246.29 current LCU per US$ of GDP | +33.2% |
| 1990 | 294.38 current LCU per US$ of GDP | +19.5% |
| 1991 | 337.88 current LCU per US$ of GDP | +14.8% |
| 1992 | 405.59 current LCU per US$ of GDP | +20.0% |
| 1993 | 454.64 current LCU per US$ of GDP | +12.1% |
| 1994 | 453.31 current LCU per US$ of GDP | -0.3% |
| 1995 | 451.98 current LCU per US$ of GDP | -0.3% |
| 1996 | 425.57 current LCU per US$ of GDP | -5.8% |
| 1997 | 478.26 current LCU per US$ of GDP | +12.4% |
| 1998 | 504.01 current LCU per US$ of GDP | +5.4% |
| 1999 | 582.77 current LCU per US$ of GDP | +15.6% |
| 2000 | 741.8 current LCU per US$ of GDP | +27.3% |
| 2001 | 815.26 current LCU per US$ of GDP | +9.9% |
| 2002 | 790.09 current LCU per US$ of GDP | -3.1% |
| 2003 | 884.77 current LCU per US$ of GDP | +12.0% |
| 2004 | 899.29 current LCU per US$ of GDP | +1.6% |
| 2005 | 1,379 current LCU per US$ of GDP | +53.3% |
| 2006 | 70.54 current LCU per US$ of GDP | -94.9% |
| 2007 | -154.63 current LCU per US$ of GDP | -319.2% |
| 2008 | 196.5 current LCU per US$ of GDP | -227.1% |
| 2009 | -263.06 current LCU per US$ of GDP | -233.9% |
| 2010 | 377.06 current LCU per US$ of GDP | -243.3% |
| 2011 | 225.89 current LCU per US$ of GDP | -40.1% |
| 2012 | 402.32 current LCU per US$ of GDP | +78.1% |
| 2013 | -537.38 current LCU per US$ of GDP | -233.6% |
| 2014 | -195.93 current LCU per US$ of GDP | -63.5% |
| 2015 | -552.8 current LCU per US$ of GDP | +182.1% |
| 2016 | -60.68 current LCU per US$ of GDP | -89.0% |
| 2017 | 1,038 current LCU per US$ of GDP | -1811.0% |
| 2018 | 923.92 current LCU per US$ of GDP | -11.0% |
| 2019 | 1,023 current LCU per US$ of GDP | +10.7% |
| 2020 | 927.32 current LCU per US$ of GDP | -9.3% |
| 2021 | 1,079 current LCU per US$ of GDP | +16.3% |
| 2022 | 996.21 current LCU per US$ of GDP | -7.7% |
| 2023 | 790.41 current LCU per US$ of GDP | -20.7% |
| 2024 | 823.2 current LCU per US$ of GDP | +4.1% |
Guinea compared with similar countries
- Guinea's 823.2 current LCU per US$ of GDP is above the median for lower middle income countries, which is 10.43 current LCU per US$ of GDP, 78.9× the median. (45 countries reporting)
- Guinea's 823.2 current LCU per US$ of GDP is above the median for Sub-Saharan Africa, which is 54.82 current LCU per US$ of GDP, 15.0× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current LCU), per unit of GDP in Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +1811.0% | -60.68 current LCU per US$ of GDP | 1,038 current LCU per US$ of GDP |
| 2007 | -319.2% | 70.54 current LCU per US$ of GDP | -154.63 current LCU per US$ of GDP |
| 2009 | -233.9% | 196.5 current LCU per US$ of GDP | -263.06 current LCU per US$ of GDP |
| 2013 | -233.6% | 402.32 current LCU per US$ of GDP | -537.38 current LCU per US$ of GDP |
| 2010 | +243.3% | -263.06 current LCU per US$ of GDP | 377.06 current LCU per US$ of GDP |
| 2008 | +227.1% | -154.63 current LCU per US$ of GDP | 196.5 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 183.06 current LCU per US$ of GDP | 130.69 current LCU per US$ of GDP | 246.29 current LCU per US$ of GDP | 4 |
| 1990s | 438.84 current LCU per US$ of GDP | 294.38 current LCU per US$ of GDP | 582.77 current LCU per US$ of GDP | 10 |
| 2000s | 535.95 current LCU per US$ of GDP | -263.06 current LCU per US$ of GDP | 1,379 current LCU per US$ of GDP | 10 |
| 2010s | 264.32 current LCU per US$ of GDP | -552.8 current LCU per US$ of GDP | 1,038 current LCU per US$ of GDP | 10 |
| 2020s | 923.2 current LCU per US$ of GDP | 790.41 current LCU per US$ of GDP | 1,079 current LCU per US$ of GDP | 5 |
Countries ranked near Guinea
- 9 Tanzania 948.38 current LCU per US$ of GDP compare
- 10 Uganda 933.18 current LCU per US$ of GDP compare
- 11 Mongolia 869.36 current LCU per US$ of GDP compare
- 13 Madagascar 793.15 current LCU per US$ of GDP compare
- 14 Democratic Republic of Congo 767.99 current LCU per US$ of GDP compare
- 15 Colombia 534.08 current LCU per US$ of GDP 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$), annual growth rate -28.7 % change on previous year (2024)
Frequently asked questions
- What is gross savings (current lcu), per unit of gdp in Guinea?
- Gross savings (current lcu), per unit of gdp in Guinea was 823.2 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross savings (current lcu), per unit of gdp recorded in Guinea?
- The highest recorded value was 1,379 current LCU per US$ of GDP in 2005.
- What is the lowest gross savings (current lcu), per unit of gdp recorded in Guinea?
- The lowest recorded value was -552.8 current LCU per US$ of GDP in 2015.
- How does Guinea rank for gross savings (current lcu), per unit of gdp?
- Guinea ranks 12th out of 178 countries with data for 2024.
- Is gross savings (current lcu), per unit of gdp rising or falling in Guinea?
- Over the last ten years it is up 520.2%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current LCU) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.