Gross savings (current US$), per unit of GDP in Guinea
Guinea: Gross savings (current US$), per unit of GDP was 0.0959 current US$ per US$ of GDP in 2024. ◆ Volatile
Gross savings (current US$), per unit of GDP in Guinea, 1986–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, gross savings (current us$), per unit of gdp in Guinea stood at 0.0959 current US$ per US$ of GDP.
Compared with earlier readings it is up 3.3% on the previous year and up 443.4% over ten years.
Over the whole period, gross savings (current us$), per unit of gdp in Guinea peaked at 0.4758 current US$ per US$ of GDP in 1993 and was at its lowest, -0.0778 current US$ per US$ of GDP, in 2013.
That places Guinea 161st out of 178 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.
Gross savings (current US$), per unit of GDP in Guinea, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1986 | 0.3919 current US$ per US$ of GDP | — |
| 1987 | 0.3977 current US$ per US$ of GDP | +1.5% |
| 1988 | 0.3897 current US$ per US$ of GDP | -2.0% |
| 1989 | 0.4163 current US$ per US$ of GDP | +6.8% |
| 1990 | 0.4459 current US$ per US$ of GDP | +7.1% |
| 1991 | 0.4482 current US$ per US$ of GDP | +0.5% |
| 1992 | 0.4497 current US$ per US$ of GDP | +0.3% |
| 1993 | 0.4758 current US$ per US$ of GDP | +5.8% |
| 1994 | 0.4642 current US$ per US$ of GDP | -2.5% |
| 1995 | 0.4559 current US$ per US$ of GDP | -1.8% |
| 1996 | 0.4239 current US$ per US$ of GDP | -7.0% |
| 1997 | 0.4366 current US$ per US$ of GDP | +3.0% |
| 1998 | 0.4075 current US$ per US$ of GDP | -6.7% |
| 1999 | 0.42 current US$ per US$ of GDP | +3.1% |
| 2000 | 0.4246 current US$ per US$ of GDP | +1.1% |
| 2001 | 0.418 current US$ per US$ of GDP | -1.6% |
| 2002 | 0.3999 current US$ per US$ of GDP | -4.3% |
| 2003 | 0.4457 current US$ per US$ of GDP | +11.5% |
| 2004 | 0.4008 current US$ per US$ of GDP | -10.1% |
| 2005 | 0.3784 current US$ per US$ of GDP | -5.6% |
| 2006 | 0.0137 current US$ per US$ of GDP | -96.4% |
| 2007 | -0.0368 current US$ per US$ of GDP | -368.9% |
| 2008 | 0.0427 current US$ per US$ of GDP | -215.9% |
| 2009 | -0.0548 current US$ per US$ of GDP | -228.3% |
| 2010 | 0.0658 current US$ per US$ of GDP | -220.2% |
| 2011 | 0.0339 current US$ per US$ of GDP | -48.5% |
| 2012 | 0.0576 current US$ per US$ of GDP | +69.7% |
| 2013 | -0.0778 current US$ per US$ of GDP | -235.1% |
| 2014 | -0.0279 current US$ per US$ of GDP | -64.1% |
| 2015 | -0.0738 current US$ per US$ of GDP | +164.4% |
| 2016 | -0.0068 current US$ per US$ of GDP | -90.8% |
| 2017 | 0.1142 current US$ per US$ of GDP | -1788.4% |
| 2018 | 0.1025 current US$ per US$ of GDP | -10.2% |
| 2019 | 0.1114 current US$ per US$ of GDP | +8.6% |
| 2020 | 0.0969 current US$ per US$ of GDP | -12.9% |
| 2021 | 0.1156 current US$ per US$ of GDP | +19.2% |
| 2022 | 0.1165 current US$ per US$ of GDP | +0.8% |
| 2023 | 0.0929 current US$ per US$ of GDP | -20.3% |
| 2024 | 0.0959 current US$ per US$ of GDP | +3.3% |
Guinea compared with similar countries
- Guinea's 0.0959 current US$ per US$ of GDP is below the median for lower middle income countries, which is 0.1588 current US$ per US$ of GDP, 60% of the median. (45 countries reporting)
- Guinea's 0.0959 current US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.1747 current US$ per US$ of GDP, 55% of the median. (43 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current US$), per unit of GDP in Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +1788.4% | -0.0068 current US$ per US$ of GDP | 0.1142 current US$ per US$ of GDP |
| 2007 | -368.9% | 0.0137 current US$ per US$ of GDP | -0.0368 current US$ per US$ of GDP |
| 2013 | -235.1% | 0.0576 current US$ per US$ of GDP | -0.0778 current US$ per US$ of GDP |
| 2009 | -228.3% | 0.0427 current US$ per US$ of GDP | -0.0548 current US$ per US$ of GDP |
| 2010 | +220.2% | -0.0548 current US$ per US$ of GDP | 0.0658 current US$ per US$ of GDP |
| 2008 | +215.9% | -0.0368 current US$ per US$ of GDP | 0.0427 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.3989 current US$ per US$ of GDP | 0.3897 current US$ per US$ of GDP | 0.4163 current US$ per US$ of GDP | 4 |
| 1990s | 0.4428 current US$ per US$ of GDP | 0.4075 current US$ per US$ of GDP | 0.4758 current US$ per US$ of GDP | 10 |
| 2000s | 0.2432 current US$ per US$ of GDP | -0.0548 current US$ per US$ of GDP | 0.4457 current US$ per US$ of GDP | 10 |
| 2010s | 0.0299 current US$ per US$ of GDP | -0.0778 current US$ per US$ of GDP | 0.1142 current US$ per US$ of GDP | 10 |
| 2020s | 0.1036 current US$ per US$ of GDP | 0.0929 current US$ per US$ of GDP | 0.1165 current US$ per US$ of GDP | 5 |
Countries ranked near Guinea
- 158 Greece 0.1078 current US$ per US$ of GDP compare
- 159 Zimbabwe 0.107 current US$ per US$ of GDP compare
- 160 Curacao 0.1059 current US$ per US$ of GDP compare
- 162 Namibia 0.0945 current US$ per US$ of GDP compare
- 163 Palestine 0.0919 current US$ per US$ of GDP compare
- 164 Sao Tome and Principe 0.0902 current US$ 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$), annual growth rate -28.7 % change on previous year (2024)
Frequently asked questions
- What is gross savings (current us$), per unit of gdp in Guinea?
- Gross savings (current us$), per unit of gdp in Guinea was 0.0959 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross savings (current us$), per unit of gdp recorded in Guinea?
- The highest recorded value was 0.4758 current US$ per US$ of GDP in 1993.
- What is the lowest gross savings (current us$), per unit of gdp recorded in Guinea?
- The lowest recorded value was -0.0778 current US$ per US$ of GDP in 2013.
- How does Guinea rank for gross savings (current us$), per unit of gdp?
- Guinea ranks 161st out of 178 countries with data for 2024.
- Is gross savings (current us$), per unit of gdp rising or falling in Guinea?
- Over the last ten years it is up 443.4%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 39 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current US$) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.