Gross savings (current US$), annual growth rate in Guinea
Guinea: Gross savings (current US$), annual growth rate was 15.29 % change on previous year in 2024. ◆ Volatile
Gross savings (current US$), annual growth rate in Guinea, 1987–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross savings (current us$), annual growth rate in Guinea stood at 15.29 % change on previous year.
That represents a change of up 249.1% on the previous year and down 75.5% over ten years.
Over the whole period, gross savings (current us$), annual growth rate in Guinea peaked at 228.52 % change on previous year in 2008 and was at its lowest, -500.23 % change on previous year, in 2007.
Guinea ranks 48th of 177 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current US$), annual growth rate in Guinea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1987 | 3.83 % change on previous year | — |
| 1988 | 14.44 % change on previous year | +276.9% |
| 1989 | 8.96 % change on previous year | -38.0% |
| 1990 | 17.46 % change on previous year | +94.9% |
| 1991 | 13.64 % change on previous year | -21.8% |
| 1992 | 9.29 % change on previous year | -31.9% |
| 1993 | 5.64 % change on previous year | -39.3% |
| 1994 | 0.6435 % change on previous year | -88.6% |
| 1995 | 7.24 % change on previous year | +1024.7% |
| 1996 | -2.61 % change on previous year | -136.1% |
| 1997 | 0.7432 % change on previous year | -128.4% |
| 1998 | -11.49 % change on previous year | -1646.2% |
| 1999 | -0.5731 % change on previous year | -95.0% |
| 2000 | -12.51 % change on previous year | +2083.2% |
| 2001 | -7.03 % change on previous year | -43.8% |
| 2002 | -0.2442 % change on previous year | -96.5% |
| 2003 | 30.22 % change on previous year | -12477.9% |
| 2004 | -5.16 % change on previous year | -117.1% |
| 2005 | -23.72 % change on previous year | +359.8% |
| 2006 | -96.43 % change on previous year | +306.5% |
| 2007 | -500.23 % change on previous year | +418.7% |
| 2008 | 228.52 % change on previous year | -145.7% |
| 2009 | -223.76 % change on previous year | -197.9% |
| 2010 | 222.62 % change on previous year | -199.5% |
| 2011 | -48.99 % change on previous year | -122.0% |
| 2012 | 91.08 % change on previous year | -285.9% |
| 2013 | -248.14 % change on previous year | -372.4% |
| 2014 | 62.37 % change on previous year | -125.1% |
| 2015 | -164.85 % change on previous year | -364.3% |
| 2016 | 91.04 % change on previous year | -155.2% |
| 2018 | 3.08 % change on previous year | -96.6% |
| 2019 | 23.13 % change on previous year | +652.1% |
| 2020 | -8.75 % change on previous year | -137.8% |
| 2021 | 44.43 % change on previous year | -607.7% |
| 2022 | 17.54 % change on previous year | -60.5% |
| 2023 | -10.25 % change on previous year | -158.5% |
| 2024 | 15.29 % change on previous year | -249.1% |
Guinea compared with similar countries
- Guinea's 15.29 % change on previous year is above the median for lower middle income countries, which is 9.24 % change on previous year, 1.7× the median. (45 countries reporting)
- Guinea's 15.29 % change on previous year is above the median for Sub-Saharan Africa, which is 9.13 % change on previous year, 1.7× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current US$), annual growth rate in Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +12477.9% | -0.2442 % change on previous year | 30.22 % change on previous year |
| 2000 | -2083.2% | -0.5731 % change on previous year | -12.51 % change on previous year |
| 1998 | -1646.2% | 0.7432 % change on previous year | -11.49 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.08 % change on previous year | 3.83 % change on previous year | 14.44 % change on previous year | 3 |
| 1990s | 4 % change on previous year | -11.49 % change on previous year | 17.46 % change on previous year | 10 |
| 2000s | -61.04 % change on previous year | -500.23 % change on previous year | 228.52 % change on previous year | 10 |
| 2010s | 3.48 % change on previous year | -248.14 % change on previous year | 222.62 % change on previous year | 9 |
| 2020s | 11.65 % change on previous year | -10.25 % change on previous year | 44.43 % change on previous year | 5 |
Countries ranked near Guinea
- 45 Vietnam 16.19 % change on previous year compare
- 46 Iceland 16.17 % change on previous year compare
- 47 Morocco 15.6 % change on previous year compare
- 49 Switzerland 14.53 % change on previous year compare
- 50 Albania 14.49 % change on previous year compare
- 51 Portugal 14.22 % change on previous year compare
More economy & growth data for Guinea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.64 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate -28.7 % change on previous year (2024)
Frequently asked questions
- What is gross savings (current us$), annual growth rate in Guinea?
- Gross savings (current us$), annual growth rate in Guinea was 15.29 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross savings (current us$), annual growth rate recorded in Guinea?
- The highest recorded value was 228.52 % change on previous year in 2008.
- What is the lowest gross savings (current us$), annual growth rate recorded in Guinea?
- The lowest recorded value was -500.23 % change on previous year in 2007.
- How does Guinea rank for gross savings (current us$), annual growth rate?
- Guinea ranks 48th out of 177 countries with data for 2024.
- Is gross savings (current us$), annual growth rate rising or falling in Guinea?
- Over the last ten years it is down 75.5%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 37 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross savings (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross savings (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.