Interest on external debt in Guinea
Guinea: Interest on external debt was 293.27 billion current LCU in 2011. ◆ Volatile
Latest (2011)
293.27 billion current LCU
Change on year
up 53.6%
World rank
2nd
of 50 countries
All-time high
293.27 billion current LCU
in 2011
All-time low
17.40 billion current LCU
in 1986
Years of data
26
1986–2011
Interest on external debt in Guinea, 1986–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
In 2011, interest on external debt in Guinea stood at 293.27 billion current LCU. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 53.6% on the previous year and up 372.4% over ten years.
Over the whole period, interest on external debt in Guinea peaked at 293.27 billion current LCU in 2011 and was at its lowest, 17.40 billion current LCU, in 1986.
That places Guinea 2nd out of 50 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.
Interest on external debt in Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1986 | 17.40 billion current LCU | — |
| 1987 | 23.00 billion current LCU | +32.2% |
| 1988 | 35.80 billion current LCU | +55.7% |
| 1989 | 35.00 billion current LCU | -2.2% |
| 1990 | 47.61 billion current LCU | +36.0% |
| 1991 | 53.19 billion current LCU | +11.7% |
| 1992 | 48.86 billion current LCU | -8.1% |
| 1993 | 40.33 billion current LCU | -17.5% |
| 1994 | 49.73 billion current LCU | +23.3% |
| 1995 | 47.54 billion current LCU | -4.4% |
| 1996 | 48.49 billion current LCU | +2.0% |
| 1997 | 55.20 billion current LCU | +13.8% |
| 1998 | 55.20 billion current LCU | +0.0% |
| 1999 | 59.50 billion current LCU | +7.8% |
| 2000 | 73.90 billion current LCU | +24.2% |
| 2001 | 62.09 billion current LCU | -16.0% |
| 2002 | 74.06 billion current LCU | +19.3% |
| 2003 | 83.44 billion current LCU | +12.7% |
| 2004 | 120.60 billion current LCU | +44.5% |
| 2005 | 167.86 billion current LCU | +39.2% |
| 2006 | 273.80 billion current LCU | +63.1% |
| 2007 | 220.43 billion current LCU | -19.5% |
| 2008 | 275.98 billion current LCU | +25.2% |
| 2009 | 134.58 billion current LCU | -51.2% |
| 2010 | 190.95 billion current LCU | +41.9% |
| 2011 | 293.27 billion current LCU | +53.6% |
Guinea compared with similar countries
- Guinea's 293.27 billion current LCU is above the median for Sub-Saharan Africa, which is 4.02 billion current LCU, 73.0× the median. (46 countries reporting)
- Guinea's 293.27 billion current LCU is above the median for lower middle income countries, which is 5.00 billion current LCU, 58.7× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 27.80 billion current LCU | 17.40 billion current LCU | 35.80 billion current LCU | 4 |
| 1990s | 50.57 billion current LCU | 40.33 billion current LCU | 59.50 billion current LCU | 10 |
| 2000s | 148.67 billion current LCU | 62.09 billion current LCU | 275.98 billion current LCU | 10 |
| 2010s | 242.11 billion current LCU | 190.95 billion current LCU | 293.27 billion current LCU | 2 |
Countries ranked near Guinea
- 1 Mozambique 869.37 billion current LCU compare
- 3 Nigeria 182.23 billion current LCU compare
- 4 Cote d'Ivoire 170.80 billion current LCU compare
- 5 Sierra Leone 130.32 billion 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 interest on external debt in Guinea?
- Interest on external debt in Guinea was 293.27 billion current LCU in 2011, according to World Bank country economists.
- What is the highest interest on external debt recorded in Guinea?
- The highest recorded value was 293.27 billion current LCU in 2011.
- What is the lowest interest on external debt recorded in Guinea?
- The lowest recorded value was 17.40 billion current LCU in 1986.
- How does Guinea rank for interest on external debt?
- Guinea ranks 2nd out of 50 countries with data for 2011.
- Is interest on external debt rising or falling in Guinea?
- Over the last ten years it is up 372.4%. 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 Interest on external debt (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Interest on external debt (current LCU). Data are in current local currency.