Domestic financing, monetary system credit in Guinea
Guinea: Domestic financing, monetary system credit was -4.38 trillion current LCU in 2011. ◆ Volatile
Domestic financing, monetary system credit in Guinea, 1987–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
Guinea recorded -4.38 trillion current LCU for domestic financing, monetary system credit in 2011. That is the lowest value across all 25 years on record.
Compared with earlier readings it is down 207.5% on the previous year and down 20,175.5% over ten years.
Over the whole period, domestic financing, monetary system credit in Guinea peaked at 4.07 trillion current LCU in 2010 and was at its lowest, -4.38 trillion current LCU, in 2011.
That places Guinea 49th out of 49 countries with data for 2011, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic financing, monetary system credit in Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1987 | 600.00 million current LCU | — |
| 1988 | 12.30 billion current LCU | +1950.0% |
| 1989 | -8.00 billion current LCU | -165.0% |
| 1990 | -16.20 billion current LCU | +102.5% |
| 1991 | 16.82 billion current LCU | -203.8% |
| 1992 | 12.00 billion current LCU | -28.7% |
| 1993 | -7.60 billion current LCU | -163.3% |
| 1994 | 21.40 billion current LCU | -381.6% |
| 1995 | 26.60 billion current LCU | +24.3% |
| 1996 | 36.00 billion current LCU | +35.3% |
| 1997 | -32.50 billion current LCU | -190.3% |
| 1998 | -12.70 billion current LCU | -60.9% |
| 1999 | 47.00 billion current LCU | -470.1% |
| 2000 | 105.50 billion current LCU | +124.5% |
| 2001 | 21.81 billion current LCU | -79.3% |
| 2002 | 203.56 billion current LCU | +833.3% |
| 2003 | 327.22 billion current LCU | +60.8% |
| 2004 | 184.23 billion current LCU | -43.7% |
| 2005 | 117.89 billion current LCU | -36.0% |
| 2006 | 547.89 billion current LCU | +364.7% |
| 2007 | -124.76 billion current LCU | -122.8% |
| 2008 | 471.77 billion current LCU | -478.1% |
| 2009 | 1.35 trillion current LCU | +186.0% |
| 2010 | 4.07 trillion current LCU | +201.9% |
| 2011 | -4.38 trillion current LCU | -207.5% |
Guinea compared with similar countries
- Guinea's -4.38 trillion current LCU is below the median for Sub-Saharan Africa, which is 100.00 million current LCU. (45 countries reporting)
- Guinea's -4.38 trillion current LCU is below the median for lower middle income countries, which is 100.00 million current LCU. (23 countries reporting)
Biggest year-on-year movements
Years where Domestic financing, monetary system credit 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 |
|---|---|---|---|
| 1988 | +1950.0% | 600.00 million current LCU | 12.30 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.63 billion current LCU | -8.00 billion current LCU | 12.30 billion current LCU | 3 |
| 1990s | 9.08 billion current LCU | -32.50 billion current LCU | 47.00 billion current LCU | 10 |
| 2000s | 320.44 billion current LCU | -124.76 billion current LCU | 1.35 trillion current LCU | 10 |
| 2010s | -152.73 billion current LCU | -4.38 trillion current LCU | 4.07 trillion current LCU | 2 |
Countries ranked near Guinea
More science & technology data for Guinea
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2023)
- Mobile landline subscriptions, gaps filled 97.88 (2023)
- Mobile cellular subscriptions by country, per capita 0.9788 units per person (2023)
- Mobile cellular subscriptions by country, per unit of GDP 0.0006 units per US$ of GDP (2023)
- Mobile cellular subscriptions by country, gaps filled 14.10 million (2023)
- Mobile cellular subscriptions by country, per square kilometre 57.38 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate 2.69 % change on previous year (2023)
- Mobile cellular subscriptions by country, annual growth rate 5.25 % change on previous year (2023)
- Scientific and technical journal articles 54.9 (2023)
- Scientific and technical journal articles, per capita 0 units per person (2023)
Frequently asked questions
- What is domestic financing, monetary system credit in Guinea?
- Domestic financing, monetary system credit in Guinea was -4.38 trillion current LCU in 2011, according to World Bank country economists.
- What is the highest domestic financing, monetary system credit recorded in Guinea?
- The highest recorded value was 4.07 trillion current LCU in 2010.
- What is the lowest domestic financing, monetary system credit recorded in Guinea?
- The lowest recorded value was -4.38 trillion current LCU in 2011.
- How does Guinea rank for domestic financing, monetary system credit?
- Guinea ranks 49th out of 49 countries with data for 2011.
- Is domestic financing, monetary system credit rising or falling in Guinea?
- Over the last ten years it is down 20,175.5%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from World Bank country economists, published as part of Domestic financing, monetary system credit (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic financing, monetary system credit. Data are in current local currency.