Short-term debt in Guinea
Guinea: Short-term debt was 28.1% in 2024. ◆ Volatile
Short-term debt in Guinea, 1991–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
In 2024, short-term debt in Guinea stood at 28.1%.
Compared with earlier readings it is up 78.0% on the previous year and up 339.6% over ten years.
Over the whole period, short-term debt in Guinea peaked at 334.1% in 1997 and was at its lowest, 3.8%, in 2009.
Guinea ranks 51st of 111 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.
Short-term debt in Guinea, year by year
| Year | % of total reserves | Change |
|---|---|---|
| 1991 | 116.6% | — |
| 1992 | 125.0% | +7.2% |
| 1993 | 93.8% | -24.9% |
| 1994 | 167.9% | +79.0% |
| 1995 | 181.9% | +8.3% |
| 1996 | 197.7% | +8.7% |
| 1997 | 334.1% | +69.0% |
| 1998 | 122.6% | -63.3% |
| 1999 | 141.6% | +15.6% |
| 2000 | 177.9% | +25.6% |
| 2001 | 96.8% | -45.6% |
| 2002 | 103.8% | +7.2% |
| 2003 | 22.4% | -78.4% |
| 2004 | 58.2% | +160.1% |
| 2005 | 161.1% | +176.8% |
| 2006 | 308.7% | +91.6% |
| 2007 | 284.0% | -8.0% |
| 2008 | 224.0% | -21.1% |
| 2009 | 3.8% | -98.3% |
| 2010 | 35.8% | +844.9% |
| 2011 | 4.6% | -87.2% |
| 2012 | 12.4% | +171.2% |
| 2013 | 11.6% | -7.0% |
| 2014 | 6.4% | -44.8% |
| 2015 | 15.4% | +141.9% |
| 2016 | 8.4% | -45.6% |
| 2017 | 10.3% | +23.0% |
| 2018 | 10.8% | +4.9% |
| 2019 | 13.5% | +24.8% |
| 2020 | 9.5% | -29.5% |
| 2021 | 9.9% | +4.1% |
| 2022 | 11.7% | +17.9% |
| 2023 | 15.8% | +34.8% |
| 2024 | 28.1% | +78.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 164.6% | 93.8% | 334.1% | 9 |
| 2000s | 144.1% | 3.8% | 308.7% | 10 |
| 2010s | 12.9% | 4.6% | 35.8% | 10 |
| 2020s | 15.0% | 9.5% | 28.1% | 5 |
Countries ranked near Guinea
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)
- Services, value added (constant LCU), per capita 2.40 million constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 6.19 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 13.34 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9241 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 1,735 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 14.09 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 7,982 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 14.98 million current LCU per person (2025)
Frequently asked questions
- What is short-term debt in Guinea?
- Short-term debt in Guinea was 28.1% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Guinea?
- The highest recorded value was 334.1% in 1997.
- What is the lowest short-term debt recorded in Guinea?
- The lowest recorded value was 3.8% in 2009.
- How does Guinea rank for short-term debt?
- Guinea ranks 51st out of 111 countries with data for 2024.
- Is short-term debt rising or falling in Guinea?
- Over the last ten years it is up 339.6%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Short-term debt (% of total reserves). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.