Total current account debit/expenditure, Debit/Expenditure in Guinea
Guinea: Total current account debit/expenditure, Debit/Expenditure was 12.81 billion in 2024. ◆ Volatile
Total current account debit/expenditure, Debit/Expenditure in Guinea, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, total current account debit/expenditure, debit/expenditure in Guinea stood at 12.81 billion. That is the highest value across all 20 years on record.
That represents a change of up 22.5% on the previous year and up 145.5% over ten years.
Over the whole period, total current account debit/expenditure, debit/expenditure in Guinea peaked at 12.81 billion in 2024 and was at its lowest, 1.14 billion, in 2005.
Guinea ranks 118th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total current account debit/expenditure, Debit/Expenditure in Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.14 billion | — |
| 2006 | 1.37 billion | +20.8% |
| 2007 | 1.81 billion | +31.7% |
| 2008 | 2.00 billion | +10.3% |
| 2009 | 1.63 billion | -18.3% |
| 2010 | 1.96 billion | +20.0% |
| 2011 | 3.10 billion | +58.1% |
| 2012 | 3.46 billion | +11.8% |
| 2013 | 3.49 billion | +0.9% |
| 2014 | 5.22 billion | +49.4% |
| 2015 | 4.16 billion | -20.3% |
| 2016 | 6.21 billion | +49.2% |
| 2017 | 4.67 billion | -24.8% |
| 2018 | 4.73 billion | +1.2% |
| 2019 | 4.80 billion | +1.5% |
| 2020 | 6.71 billion | +39.9% |
| 2021 | 6.11 billion | -8.9% |
| 2022 | 6.24 billion | +2.0% |
| 2023 | 10.46 billion | +67.7% |
| 2024 | 12.81 billion | +22.5% |
Guinea compared with similar countries
- Guinea's 12.81 billion is below the median for lower middle income countries, which is 12.89 billion, 99% of the median. (46 countries reporting)
- Guinea's 12.81 billion is above the median for Sub-Saharan Africa, which is 8.29 billion, 1.5× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.59 billion | 1.14 billion | 2.00 billion | 5 |
| 2010s | 4.18 billion | 1.96 billion | 6.21 billion | 10 |
| 2020s | 8.47 billion | 6.11 billion | 12.81 billion | 5 |
Countries ranked near Guinea
More trade data for Guinea
- Commodity Net Export Price Index, Individual Commodities Weighted by 123.62 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 104.13 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 101.95 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 116.29 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.91 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 67.49 (2025)
- Imports of low carbon technology products, Percent of GDP 0.7535 (2016)
- Imports of low carbon technology products, US dollar (World), per 5.37 units per person (2016)
- Imports of low carbon technology products, US dollar (World), per 0.0075 units per US$ of GDP (2016)
- Exports of low carbon technology products, US dollar (World), gaps 2.94 million (2016)
Frequently asked questions
- What is total current account debit/expenditure, debit/expenditure in Guinea?
- Total current account debit/expenditure, debit/expenditure in Guinea was 12.81 billion in 2024, according to International Monetary Fund.
- What is the highest total current account debit/expenditure, debit/expenditure recorded in Guinea?
- The highest recorded value was 12.81 billion in 2024.
- What is the lowest total current account debit/expenditure, debit/expenditure recorded in Guinea?
- The lowest recorded value was 1.14 billion in 2005.
- How does Guinea rank for total current account debit/expenditure, debit/expenditure?
- Guinea ranks 118th out of 197 countries with data for 2024.
- Is total current account debit/expenditure, debit/expenditure rising or falling in Guinea?
- Over the last ten years it is up 145.5%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from International Monetary Fund, published as part of Total current account debit/expenditure, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.