Net financial account in Guinea
Guinea: Net financial account was -162.94 million BoP, current US$ in 2024. ◆ Volatile
Net financial account in Guinea, 1986–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net financial account in Guinea stood at -162.94 million BoP, current US$.
The figure is down 107.7% on the previous year and down 141.0% over ten years.
Over the whole period, net financial account in Guinea peaked at 4.80 billion BoP, current US$ in 2021 and was at its lowest, -2.58 billion BoP, current US$, in 2016.
Guinea ranks 93rd of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -73.43 million BoP, current US$ | -156.06 million BoP, current US$ | 10.87 million BoP, current US$ | 4 |
| 1990s | -135.27 million BoP, current US$ | -207.07 million BoP, current US$ | 66.27 million BoP, current US$ | 10 |
| 2000s | -178.30 million BoP, current US$ | -401.00 million BoP, current US$ | 51.91 million BoP, current US$ | 10 |
| 2010s | -371.11 million BoP, current US$ | -2.58 billion BoP, current US$ | 740.60 million BoP, current US$ | 10 |
| 2020s | 2.63 billion BoP, current US$ | -162.94 million BoP, current US$ | 4.80 billion BoP, current US$ | 5 |
Countries ranked near Guinea
- 90 Croatia -135.56 million BoP, current US$ compare
- 91 Saint Kitts and Nevis -142.97 million BoP, current US$ compare
- 92 Palau -153.02 million BoP, current US$ compare
- 94 El Salvador -165.61 million BoP, current US$ compare
- 95 Seychelles -167.04 million BoP, current US$ compare
- 96 Saint Vincent and the Grenadines -178.25 million BoP, current US$ compare
More economy & growth data for Guinea
- Imports of goods and services 15.55 billion constant 2015 US$ (2025)
- External balance on goods and services -51.06 trillion current LCU (2025)
- External balance on goods and services -5.91 billion current US$ (2025)
- Imports of goods and services 62.3% (2025)
- Imports of goods and services 20.0% (2025)
- Imports of goods and services 17.65 billion current US$ (2025)
- Gross capital formation 26.8% (2025)
- Gross capital formation 37.0% (2025)
- External balance on goods and services -20.9% (2025)
- Imports of goods and services 152.46 trillion current LCU (2025)
Frequently asked questions
- What is net financial account in Guinea?
- Net financial account in Guinea was -162.94 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net financial account recorded in Guinea?
- The highest recorded value was 4.80 billion BoP, current US$ in 2021.
- What is the lowest net financial account recorded in Guinea?
- The lowest recorded value was -2.58 billion BoP, current US$ in 2016.
- How does Guinea rank for net financial account?
- Guinea ranks 93rd out of 198 countries with data for 2024.
- Is net financial account rising or falling in Guinea?
- Over the last ten years it is down 141.0%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net financial account (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 39 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The net financial account shows net acquisition and disposal of financial assets and liabilities. It measures how net lending to or borrowing from nonresidents is financed, and is conceptually equal to the sum of the balances on the current and capital accounts. 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.