Gross savings in Guinea
Guinea: Gross savings was 20.59 trillion current LCU in 2024. ◆ Volatile
Gross savings in Guinea, 1986–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Guinea recorded 20.59 trillion current LCU for gross savings in 2024. That is the highest value across all 39 years on record.
The figure is up 16.2% on the previous year and up 1,297.0% over ten years.
Over the whole period, gross savings in Guinea peaked at 20.59 trillion current LCU in 2024 and was at its lowest, -4.86 trillion current LCU, in 2015.
That places Guinea 23rd out of 177 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 |
|---|---|---|---|---|
| 1980s | 600.86 billion current LCU | 380.19 billion current LCU | 873.36 billion current LCU | 4 |
| 1990s | 2.20 trillion current LCU | 1.14 trillion current LCU | 2.94 trillion current LCU | 10 |
| 2000s | 2.40 trillion current LCU | -1.77 trillion current LCU | 5.91 trillion current LCU | 10 |
| 2010s | 3.10 trillion current LCU | -4.86 trillion current LCU | 13.75 trillion current LCU | 10 |
| 2020s | 17.92 trillion current LCU | 13.06 trillion current LCU | 20.59 trillion current LCU | 5 |
Countries ranked near Guinea
More economy & growth data for Guinea
- DEC alternative conversion factor 8,638 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 3.40 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 393.46 million current US$ (2025)
- Taxes less subsidies on products 18.59 trillion current LCU (2025)
- Taxes less subsidies on products 2.15 billion current US$ (2025)
- Net primary income (Net income from abroad) -10.40 trillion current LCU (2025)
- Net primary income (Net income from abroad) -1.20 billion current US$ (2025)
- GNI per capita 15.53 million current LCU (2025)
- GNI per capita, Atlas method 1,730 current US$ (2025)
- GNI 234.46 trillion current LCU (2025)
Frequently asked questions
- What is gross savings in Guinea?
- Gross savings in Guinea was 20.59 trillion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Guinea?
- The highest recorded value was 20.59 trillion current LCU in 2024.
- What is the lowest gross savings recorded in Guinea?
- The lowest recorded value was -4.86 trillion current LCU in 2015.
- How does Guinea rank for gross savings?
- Guinea ranks 23rd out of 177 countries with data for 2024.
- Is gross savings rising or falling in Guinea?
- Over the last ten years it is up 1,297.0%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.