Deposit interest rate in Guinea
Guinea: Deposit interest rate was 3.3% in 2021. ◆ Volatile
Deposit interest rate in Guinea, 1987–2021
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for deposit interest rate in Guinea is 3.3%, measured in 2021.
The figure is down 0.1% on the previous year and down 25.1% over ten years.
Over the whole period, deposit interest rate in Guinea peaked at 23.0% in 1992 and was at its lowest, 3.1%, in 2018.
That places Guinea 81st out of 152 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 17.1% | 15.0% | 19.5% | 3 |
| 1990s | 16.6% | 5.7% | 23.0% | 10 |
| 2000s | 12.3% | 6.5% | 17.5% | 10 |
| 2010s | 3.8% | 3.1% | 4.4% | 10 |
| 2020s | 3.3% | 3.3% | 3.3% | 2 |
Countries ranked near Guinea
More financial sector data for Guinea
- Domestic credit to private sector 10.6% (2025)
- Net domestic credit 77.94 trillion current LCU (2025)
- Total reserves in months of imports 1.28 (2024)
- Net foreign assets 34.69 trillion current LCU (2025)
- Domestic credit to private sector by banks 9.9% (2025)
- Monetary Sector credit to private sector 10.6% (2025)
- Claims on central government, etc. 20.8% (2025)
- Broad money 30.1% (2024)
- Official exchange rate 9,565 LCU per US$, period average (2020)
- Net migration -16,282 (2025)
Frequently asked questions
- What is deposit interest rate in Guinea?
- Deposit interest rate in Guinea was 3.3% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Guinea?
- The highest recorded value was 23.0% in 1992.
- What is the lowest deposit interest rate recorded in Guinea?
- The lowest recorded value was 3.1% in 2018.
- How does Guinea rank for deposit interest rate?
- Guinea ranks 81st out of 152 countries with data for 2021.
- Is deposit interest rate rising or falling in Guinea?
- Over the last ten years it is down 25.1%. 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 Deposit interest rate (%). Statizoid updates them automatically from the source API.
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About this data
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.