Adjusted savings: net national savings in Guinea

Guinea: Adjusted savings: net national savings was -1.47 billion current US$ in 2021. ◆ Volatile

Latest (2021)
-1.47 billion current US$
Change on year
down 38.8%
World rank
171st
of 176 countries
All-time high
667.54 million current US$
in 1993
All-time low
-1.47 billion current US$
in 2021
Years of data
36
1986–2021

Adjusted savings: net national savings in Guinea, 1986–2021

-1.5B-1.0B-500.0M0500.0M1986200320211986: 179.6M current US$1987: 200.3M current US$1988: 206.7M current US$1989: 301.9M current US$1990: 442.9M current US$1991: 501.4M current US$1992: 545.1M current US$1993: 667.5M current US$1994: 630.3M current US$1995: 642.3M current US$1996: 496.4M current US$1997: 531.8M current US$1998: 345.1M current US$1999: 381.5M current US$2000: 339.4M current US$2001: 284.2M current US$2002: 217.3M current US$2003: 462.9M current US$2004: 276.2M current US$2005: 145.1M current US$2006: -190.3M current US$2007: -604.5M current US$2008: -96.5M current US$2009: -855.3M current US$2010: -71.9M current US$2011: -278.2M current US$2012: -168.6M current US$2013: -1.4B current US$2014: -1.0B current US$2015: -1.3B current US$2016: -759.5M current US$2017: 256.1M current US$2018: -239.6M current US$2019: -347.3M current US$2020: -1.1B current US$2021: -1.5B current US$

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

Guinea recorded -1.47 billion current US$ for adjusted savings: net national savings in 2021. That is the lowest value across all 36 years on record.

The figure is down 38.8% on the previous year and down 426.6% over ten years.

Over the whole period, adjusted savings: net national savings in Guinea peaked at 667.54 million current US$ in 1993 and was at its lowest, -1.47 billion current US$, in 2021.

Guinea ranks 171st of 176 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 222.13 million current US$ 179.56 million current US$ 301.94 million current US$ 4
1990s 518.43 million current US$ 345.13 million current US$ 667.54 million current US$ 10
2000s -2.15 million current US$ -855.34 million current US$ 462.91 million current US$ 10
2010s -534.51 million current US$ -1.36 billion current US$ 256.05 million current US$ 10
2020s -1.26 billion current US$ -1.47 billion current US$ -1.06 billion current US$ 2

Countries ranked near Guinea

  1. 168 Tunisia -1.23 billion current US$ compare
  2. 169 Mozambique -1.24 billion current US$ compare
  3. 170 Ukraine -1.41 billion current US$ compare
  4. 172 Lebanon -5.58 billion current US$ compare
  5. 173 Greece -8.44 billion current US$ compare
  6. 174 Libya -12.06 billion current US$ compare

See the full ranking of 176 places →

More economy & growth data for Guinea

All data for Guinea →

Frequently asked questions

What is adjusted savings: net national savings in Guinea?
Adjusted savings: net national savings in Guinea was -1.47 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: net national savings recorded in Guinea?
The highest recorded value was 667.54 million current US$ in 1993.
What is the lowest adjusted savings: net national savings recorded in Guinea?
The lowest recorded value was -1.47 billion current US$ in 2021.
How does Guinea rank for adjusted savings: net national savings?
Guinea ranks 171st out of 176 countries with data for 2021.
Is adjusted savings: net national savings rising or falling in Guinea?
Over the last ten years it is down 426.6%. The long-run trend across the full record is volatile.
Where does this Guinea data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Adjusted savings: net national savings (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
176 places, 5,846 data points, 1970–2021
Last refreshed

Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.