Broad money to total reserves ratio in Guinea
Guinea: Broad money to total reserves ratio was 5.59 in 2024. ◆ Volatile
Broad money to total reserves ratio in Guinea, 1991–2024
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
In 2024, broad money to total reserves ratio in Guinea stood at 5.59.
That represents a change of up 88.9% on the previous year and up 167.9% over ten years.
Over the whole period, broad money to total reserves ratio in Guinea peaked at 19.03 in 2006 and was at its lowest, 1.51, in 1998.
That places Guinea 35th out of 158 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.93 | 1.51 | 4 | 8 |
| 2000s | 7.66 | 1.59 | 19.03 | 10 |
| 2010s | 2.69 | 1.95 | 6.01 | 10 |
| 2020s | 3.1 | 1.92 | 5.59 | 5 |
Countries ranked near Guinea
More financial sector data for Guinea
- Domestic credit to private sector 10.6% (2025)
- Claims on central government, etc. 20.8% (2025)
- Broad money 30.1% (2024)
- Monetary Sector credit to private sector 10.6% (2025)
- Net foreign assets 34.69 trillion current LCU (2025)
- Net domestic credit 77.94 trillion current LCU (2025)
- Net migration -16,282 (2025)
- Total reserves in months of imports 1.28 (2024)
- Domestic credit to private sector by banks 9.9% (2025)
- Official exchange rate 9,565 LCU per US$, period average (2020)
Frequently asked questions
- What is broad money to total reserves ratio in Guinea?
- Broad money to total reserves ratio in Guinea was 5.59 in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money to total reserves ratio recorded in Guinea?
- The highest recorded value was 19.03 in 2006.
- What is the lowest broad money to total reserves ratio recorded in Guinea?
- The lowest recorded value was 1.51 in 1998.
- How does Guinea rank for broad money to total reserves ratio?
- Guinea ranks 35th out of 158 countries with data for 2024.
- Is broad money to total reserves ratio rising or falling in Guinea?
- Over the last ten years it is up 167.9%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money to total reserves ratio. Statizoid updates them automatically from the source API.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed as a ratio (a÷b).