Gross savings in Guinea
Guinea: Gross savings was 2.40 billion current US$ in 2024. ◆ Volatile
Gross savings in Guinea, 1986–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, gross savings in Guinea stood at 2.40 billion current US$.
The figure is up 15.3% on the previous year and up 1,078.4% over ten years.
Over the whole period, gross savings in Guinea peaked at 2.46 billion current US$ in 1995 and was at its lowest, -651.64 million current US$, in 2013.
Guinea ranks 131st of 177 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.29 billion current US$ | 1.14 billion current US$ | 1.48 billion current US$ | 4 |
| 1990s | 2.19 billion current US$ | 1.73 billion current US$ | 2.46 billion current US$ | 10 |
| 2000s | 1.10 billion current US$ | -368.04 million current US$ | 2.24 billion current US$ | 10 |
| 2010s | 340.89 million current US$ | -651.64 million current US$ | 1.50 billion current US$ | 10 |
| 2020s | 2.03 billion current US$ | 1.37 billion current US$ | 2.40 billion current US$ | 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 2.40 billion current US$ 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 2.46 billion current US$ in 1995.
- What is the lowest gross savings recorded in Guinea?
- The lowest recorded value was -651.64 million current US$ in 2013.
- How does Guinea rank for gross savings?
- Guinea ranks 131st out of 177 countries with data for 2024.
- Is gross savings rising or falling in Guinea?
- Over the last ten years it is up 1,078.4%. 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 US$). 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 indicator is expressed in United States dollars.