Total debt service in Guinea
Guinea: Total debt service was 1.9% in 2024. ◆ Volatile
Total debt service in Guinea, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, total debt service in Guinea stood at 1.9%.
That represents a change of up 27.6% on the previous year and up 219.1% over ten years.
Over the whole period, total debt service in Guinea peaked at 5.8% in 1987 and was at its lowest, 0.3%, in 1985.
That places Guinea 92nd out of 121 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.
Total debt service in Guinea, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 0.5% | — |
| 1971 | 0.5% | -4.4% |
| 1972 | 0.5% | +2.9% |
| 1973 | 0.6% | +12.5% |
| 1974 | 0.5% | -8.2% |
| 1975 | 0.7% | +31.7% |
| 1976 | 0.6% | -11.6% |
| 1977 | 1.1% | +75.3% |
| 1978 | 1.0% | -9.3% |
| 1979 | 1.2% | +23.1% |
| 1980 | 1.2% | +1.3% |
| 1981 | 1.1% | -6.4% |
| 1982 | 0.8% | -28.6% |
| 1983 | 0.5% | -37.4% |
| 1984 | 0.7% | +28.1% |
| 1985 | 0.3% | -47.5% |
| 1986 | 2.6% | +660.3% |
| 1987 | 5.8% | +120.9% |
| 1988 | 3.8% | -33.8% |
| 1989 | 3.5% | -7.7% |
| 1990 | 4.5% | +28.9% |
| 1991 | 3.2% | -29.7% |
| 1992 | 1.9% | -41.6% |
| 1993 | 1.8% | -1.6% |
| 1994 | 2.1% | +15.3% |
| 1995 | 3.3% | +57.8% |
| 1996 | 2.1% | -37.0% |
| 1997 | 2.9% | +40.0% |
| 1998 | 3.2% | +8.1% |
| 1999 | 2.8% | -12.7% |
| 2000 | 4.0% | +44.5% |
| 2001 | 2.9% | -28.0% |
| 2002 | 2.4% | -15.3% |
| 2003 | 2.2% | -8.0% |
| 2004 | 3.5% | +54.3% |
| 2005 | 4.2% | +20.9% |
| 2006 | 4.0% | -4.6% |
| 2007 | 2.6% | -34.8% |
| 2008 | 1.9% | -28.0% |
| 2009 | 1.8% | -2.6% |
| 2010 | 1.2% | -35.1% |
| 2011 | 2.7% | +126.1% |
| 2012 | 1.7% | -36.8% |
| 2013 | 0.5% | -70.9% |
| 2014 | 0.6% | +23.3% |
| 2015 | 0.9% | +47.0% |
| 2016 | 0.7% | -23.7% |
| 2017 | 0.8% | +16.5% |
| 2018 | 1.0% | +23.1% |
| 2019 | 0.8% | -14.9% |
| 2020 | 1.0% | +20.7% |
| 2021 | 1.0% | -5.2% |
| 2022 | 1.1% | +12.9% |
| 2023 | 1.5% | +41.5% |
| 2024 | 1.9% | +27.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.7% | 0.5% | 1.2% | 10 |
| 1980s | 2.0% | 0.3% | 5.8% | 10 |
| 1990s | 2.8% | 1.8% | 4.5% | 10 |
| 2000s | 3.0% | 1.8% | 4.2% | 10 |
| 2010s | 1.1% | 0.5% | 2.7% | 10 |
| 2020s | 1.3% | 1.0% | 1.9% | 5 |
Countries ranked near Guinea
- 89 Turkmenistan 2.2% compare
- 90 Sierra Leone 2.2% compare
- 91 Niger 2.0% compare
- 93 Central African Republic 1.9% compare
- 94 Chad 1.9% compare
- 95 China 1.9% 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)
- Industry (including construction), value added (constant 2015 US$) 10.77 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2054 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 385.57 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 10.77 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 1,171 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 2.20 million constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 11.43 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.3573 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is total debt service in Guinea?
- Total debt service in Guinea was 1.9% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Guinea?
- The highest recorded value was 5.8% in 1987.
- What is the lowest total debt service recorded in Guinea?
- The lowest recorded value was 0.3% in 1985.
- How does Guinea rank for total debt service?
- Guinea ranks 92nd out of 121 countries with data for 2024.
- Is total debt service rising or falling in Guinea?
- Over the last ten years it is up 219.1%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total debt service (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.