External debt, end year in Guinea
Guinea: External debt, end year was 9.71 trillion current LCU in 2011. ◆ Volatile
External debt, end year in Guinea, 1986–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
In 2011, external debt, end year in Guinea stood at 9.71 trillion current LCU.
The figure is down 1.6% on the previous year and up 202.1% over ten years.
Over the whole period, external debt, end year in Guinea peaked at 10.67 trillion current LCU in 2005 and was at its lowest, 0 current LCU, in 1986.
That places Guinea 3rd out of 47 countries with data for 2011, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
External debt, end year in Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1986 | 0 current LCU | — |
| 1991 | 3.24 trillion current LCU | — |
| 1992 | 2.85 trillion current LCU | -11.9% |
| 1993 | 2.91 trillion current LCU | +2.0% |
| 1994 | 3.16 trillion current LCU | +8.6% |
| 1995 | 3.13 trillion current LCU | -0.9% |
| 1996 | 3.22 trillion current LCU | +2.8% |
| 1997 | 3.44 trillion current LCU | +6.9% |
| 1998 | 3.41 trillion current LCU | -0.9% |
| 1999 | 3.39 trillion current LCU | -0.6% |
| 2000 | 3.32 trillion current LCU | -2.2% |
| 2001 | 3.21 trillion current LCU | -3.1% |
| 2002 | 6.02 trillion current LCU | +87.1% |
| 2003 | 6.68 trillion current LCU | +11.1% |
| 2004 | 9.41 trillion current LCU | +40.8% |
| 2005 | 10.67 trillion current LCU | +13.4% |
| 2006 | 10.50 trillion current LCU | -1.5% |
| 2007 | 10.34 trillion current LCU | -1.6% |
| 2008 | 10.18 trillion current LCU | -1.6% |
| 2009 | 10.02 trillion current LCU | -1.6% |
| 2010 | 9.86 trillion current LCU | -1.6% |
| 2011 | 9.71 trillion current LCU | -1.6% |
Guinea compared with similar countries
- Guinea's 9.71 trillion current LCU is above the median for lower middle income countries, which is 103.62 billion current LCU, 93.7× the median. (23 countries reporting)
- Guinea's 9.71 trillion current LCU is above the median for Sub-Saharan Africa, which is 106.85 billion current LCU, 90.9× the median. (42 countries reporting)
Biggest year-on-year movements
Years where External debt, end year 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 |
|---|---|---|---|
| 2002 | +87.1% | 3.21 trillion current LCU | 6.02 trillion current LCU |
| 2004 | +40.8% | 6.68 trillion current LCU | 9.41 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 current LCU | 0 current LCU | 0 current LCU | 1 |
| 1990s | 3.20 trillion current LCU | 2.85 trillion current LCU | 3.44 trillion current LCU | 9 |
| 2000s | 8.03 trillion current LCU | 3.21 trillion current LCU | 10.67 trillion current LCU | 10 |
| 2010s | 9.79 trillion current LCU | 9.71 trillion current LCU | 9.86 trillion current LCU | 2 |
Countries ranked near Guinea
- 1 Mozambique 107.87 trillion current LCU compare
- 2 Tanzania 16.94 trillion current LCU compare
- 4 Zambia 9.56 trillion current LCU compare
- 5 Uganda 6.11 trillion current LCU compare
- 6 Cote d'Ivoire 5.30 trillion current LCU compare
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 external debt, end year in Guinea?
- External debt, end year in Guinea was 9.71 trillion current LCU in 2011, according to World Bank country economists.
- What is the highest external debt, end year recorded in Guinea?
- The highest recorded value was 10.67 trillion current LCU in 2005.
- What is the lowest external debt, end year recorded in Guinea?
- The lowest recorded value was 0 current LCU in 1986.
- How does Guinea rank for external debt, end year?
- Guinea ranks 3rd out of 47 countries with data for 2011.
- Is external debt, end year rising or falling in Guinea?
- Over the last ten years it is up 202.1%. 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 External debt, end year (current LCU). Statizoid updates them automatically from the source API.
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About this data
Foreign debt consists of the outstanding stock or recognized, direct liabilities of the government to the rest of the world, generated in the past and scheduled to be extinguished by government operations in the future or to continue as perpetual debt. Data are in current local currency.