Other domestic borrowing in Guinea
Guinea: Other domestic borrowing was 4.81 trillion current LCU in 2011. ◆ Volatile
Other domestic borrowing in Guinea, 1986–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
Guinea recorded 4.81 trillion current LCU for other domestic borrowing in 2011. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 1,954.7% on the previous year and up 49,812.8% over ten years.
Over the whole period, other domestic borrowing in Guinea peaked at 4.81 trillion current LCU in 2011 and was at its lowest, -295.33 billion current LCU, in 2008.
Guinea ranks 1st of 50 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Other domestic borrowing in Guinea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1986 | -600.01 million current LCU | — |
| 1987 | -3.30 billion current LCU | +450.0% |
| 1988 | 6.00 billion current LCU | -281.8% |
| 1989 | -6.20 billion current LCU | -203.3% |
| 1990 | -29.79 billion current LCU | +380.5% |
| 1991 | 56.83 billion current LCU | -290.8% |
| 1992 | 37.18 billion current LCU | -34.6% |
| 1993 | 26.76 billion current LCU | -28.0% |
| 1994 | 107.58 billion current LCU | +302.0% |
| 1995 | 9.78 billion current LCU | -90.9% |
| 1996 | 36.78 billion current LCU | +276.1% |
| 1997 | -23.39 billion current LCU | -163.6% |
| 1998 | -50.90 billion current LCU | +117.6% |
| 1999 | -17.20 billion current LCU | -66.2% |
| 2000 | -58.90 billion current LCU | +242.4% |
| 2001 | -9.68 billion current LCU | -83.6% |
| 2002 | -18.72 billion current LCU | +93.3% |
| 2003 | 147.74 billion current LCU | -889.2% |
| 2004 | 103.47 billion current LCU | -30.0% |
| 2005 | 33.98 billion current LCU | -67.2% |
| 2006 | 60.80 billion current LCU | +78.9% |
| 2007 | 12.80 billion current LCU | -79.0% |
| 2008 | -295.33 billion current LCU | -2407.6% |
| 2009 | 218.67 billion current LCU | -174.0% |
| 2010 | -259.52 billion current LCU | -218.7% |
| 2011 | 4.81 trillion current LCU | -1954.7% |
Guinea compared with similar countries
- Guinea's 4.81 trillion current LCU is above the median for lower middle income countries, which is 1.5 current LCU, 3208953333333.3× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Other domestic borrowing 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 |
|---|---|---|---|
| 2008 | -2407.6% | 12.80 billion current LCU | -295.33 billion current LCU |
| 2011 | +1954.7% | -259.52 billion current LCU | 4.81 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -1.03 billion current LCU | -6.20 billion current LCU | 6.00 billion current LCU | 4 |
| 1990s | 15.36 billion current LCU | -50.90 billion current LCU | 107.58 billion current LCU | 10 |
| 2000s | 19.48 billion current LCU | -295.33 billion current LCU | 218.67 billion current LCU | 10 |
| 2010s | 2.28 trillion current LCU | -259.52 billion current LCU | 4.81 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 other domestic borrowing in Guinea?
- Other domestic borrowing in Guinea was 4.81 trillion current LCU in 2011, according to World Bank country economists.
- What is the highest other domestic borrowing recorded in Guinea?
- The highest recorded value was 4.81 trillion current LCU in 2011.
- What is the lowest other domestic borrowing recorded in Guinea?
- The lowest recorded value was -295.33 billion current LCU in 2008.
- How does Guinea rank for other domestic borrowing?
- Guinea ranks 1st out of 50 countries with data for 2011.
- Is other domestic borrowing rising or falling in Guinea?
- Over the last ten years it is up 49,812.8%. 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 Other domestic borrowing (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
Domestic financing (obtained from residents) refer to the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. It includes all government liabilities--other than those for currency issues or demand, time, or savings deposits with government--or claims on others held by government and changes in government holdings of cash and deposits. Government guarantees of the debt of others are excluded. Data are shown for central government only, and are in current local currency.